A Theory of Chaordic Economics: How Artificial Intelligence and Blockchain Transform Businesses, Economies and Societies

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Tác giả: Horst Treiblmaier

Ngôn ngữ: eng

Ký hiệu phân loại: 609.17 Historical, geographic, persons treatment

Thông tin xuất bản: 2025

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 223856

Comment: 19 pages, 1 figure, 4 tablesDee Hock, the founder of Visa, coined the term 'chaordic' to describe simultaneously chaotic and ordered systems. Based on his reasoning, we introduce the Theory of Chaordic Economics to explain how economic systems are transformed by two disruptive technologies: namely Artificial Intelligence and Blockchain. Artificial intelligence can generate novel output through algorithmic yet rather unpredictable processes. Blockchain creates deterministic results without central authorities and relies on elaborated protocols that prescribe how consensus can be reached within a network of peers. The amalgamation of chaos and order produces chaordic economic systems and can yield hitherto unthinkable economic structures.
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