We assume many of you are familiar with the work of Clifford Stoll, author of both “The Cuckoo’s Egg” and “Silicon Snake Oil.” The latter, which was written 15 years ago, stated, “the Internet ...
One of the coolest and most unique things about being a human being is the capacity to reflect on, share, and refine our explicit knowledge systems. Other animals have implicit knowledge systems that ...
Recent advances in artificial intelligence have enabled many promising technologies, from sophisticated voice recognition to virtual personal assistants. While there is much excitement about how these ...
In economic life, whether in financial real goods and services markets, there are inefficiencies that can persist over time. EMH means, in essence, that asset prices reflect at all times all available ...
This article will provide an overview of Ralph Losey’s vision of social transformation in the age of computers. He believes we must progress from an information-based society, which was triggered by ...
Since I woke up this morning, I’ve received 30 mobile news alerts, 25 email alerts, and another 17 emails from investment managers providing their unsolicited views of the financial world. My Twitter ...
The old economic laws defined wealth in terms of land, labor and capital. Whoever had them had exclusive use of them too. In the 21 st century, these laws have changed. There are new wealth creation ...
There’s a really simple way to understand the difference between data and information. When we understand the primary function of the item we are looking at, we quickly see the distinction between the ...
One of the coolest and most unique things about being a human being is the capacity to reflect on, share, and refine our explicit knowledge systems. Other animals have implicit knowledge systems that ...
The data-information-knowledge-wisdom hierarchy seemed like a really great idea when it was first proposed. But its rapid acceptance was in fact a sign of how worried we were about the real value of ...