The Digital Economy: Promise and Peril in the Age of Networked Intelligence

The Digital Economy: Promise and Peril in the Age of Networked Intelligence

Don Tapscott

Language: English

Pages: 368

ISBN: 0070622000

Format: PDF / Kindle (mobi) / ePub


Arguing that knowledge is power and prolonged economic advantage accrues to those individuals and organizations who are able to leverage the capabilities of new information technologies, this study summarizes how new technology is transforming the ways individuals work, learn and do business. It presents a model of how to create wealth in the new economy along with examples from leading companies from over the world.

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Project Financing: Asset-Based Financial Engineering (3rd Edition) (Wiley Finance)

The Methodology of Positive Economics: Reflections on the Milton Friedman Legacy

 

 

 

 

 

 

 

 

 

 

were mandatory reading for senior staff and caused us to redirect the strategy and resources of our department in fundamental ways. It was the early days of the digital revolution, and we were fortunate that Don provided us with such an accurate roadmap to navigate the changing global environment.” John Manley, President and Chief Executive Officer, Canadian Council of Chief Executives “Twenty years ago Don Tapsott showed again that he had his finger on the pulse of the digital world. His new

out of business because somebody else will if we don’t.” Rosenbluth is a great example of how to beat disintermediation. In the digital economy, intermediaries need to move up the food chain to find new ways to create value for customers. Being in the middle between providers and customers doesn’t necessarily mean you’re toast. You can be disintermediated only if you don’t change. In the travel industry, executing transactions provided value for decades. In the digital economy, new value is

supply of services, from standards for mobile devices to architecture compliant applications and Cloud services—all on the “shelves” of a supermarket. The business customer goes to the supermarket—a self-service portal or catalogue and pulls up the available IT. The business customer chooses the services and the level of services required, and combines them to meet its technology needs. Because these services are running in the Cloud, they are delivered in a location-agnostic manner. Where the

reality headset. These headsets are usually thought of in the context of gaming, giving the game player the sensation of being immersed in a situation, such as driving a car or fighting a dragon. Facebook made headlines earlier this year when it bought a headset start-up, Oculus VR, for $2 billion. “After games, we’re going to make Oculus a platform for many other experiences,” Facebook CEO Mark Zuckerberg wrote in a blog post. “Imagine enjoying a courtside seat at a game, studying in a

though the prediction was made two decades ago. The microprocessor—a computer on a chip—is at the center of the new economy. Traditional semiconductor technology that fills the massive cabinets of mainframes and minicomputers in corporate data centers is going the way of the dinosaur. If you open the door on a mainframe or minicomputer in your data center, you’ll find boards with many different types of chips on them meant to perform the various functions of a computer. These boards are put

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