Recent Essays
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Wetware: Organizational Leverage in the Era of Artificial Intelligence
Artificial Intelligence is forcing organizations to evaluate where their strategic and differentiating capabilities reside. A danger exists for organizations to misunderstand the scope of techno-economic changes AI will bring and to underappreciate the role of engineering in the transition to this new paradigm. Where production and analytic ecosystems provide the scaffolding for execution, data…
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The Bizarre Bazaar: Complex Agentic Ecosystems and the Limits of Predictability
For millennia, humans understood Nature through paradigms rooted in divine order and intervention. When Sir Isaac Newton published The Principia, a new paradigm of empirical and scientific inquiry began to replace the old. With it came a worldview grounded in certainty and determinism, one later challenged by Quantum Theory and probabilistic approaches such as…
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Perceiving New Paradigms: Innovation Premia in Technological Revolutions
Conceptual paradigms do not progress in a linear and orderly fashion. Scientific paradigm shifts occur with punctuated regularity, as do the techno-economic paradigm changes brought about by technological revolutions. Carlota Perez provides a framework that describes how technological revolutions diffuse through the economic, institutional, and technological spheres of the incumbent techno-economic paradigm. Financial capital…