My latest Guardian column is "Disorganised but effective: how technology lowers transaction costs," a piece about a new kind of group that has been enabled by the Internet -- a group with no formal structure that can still get stuff done, like Occupy and Anonymous.
The things that one person can do define what is "human". The things that transcend the limits of an individual – building a skyscraper, governing a nation, laying a telecommunications network, writing an operating system – are the realm of the super-human.
The most profound social revolutions in human history have arisen whenever a technology comes along that lowers transaction costs. Technologies that makes it cheaper to work together lower the tax on super-human powers.
Language (which allowed for explicit communication), writing (which allowed for record-keeping), literacy (which allowed for communication at a distance and through time) and all the way up to assembly lines, telegraphs, telephones, cryptography (which lowers transaction costs by reducing the amount of energy you have to expend to keep attackers out of your coordination efforts), computers, networks, mobile phones and beyond.
Decreasing transaction costs means that the powerful can do more. If you've already organised a state or criminal enterprise or church with you at the top, it means that you've figured out how to harvest and distribute resources effectively enough to maintain your institutional stability.
Disorganised but effective: how technology lowers transaction costs
Techdirt, a fearless source of excellent technology news and commentary, is being sued for $15M by Shiva Ayyadurai, who claims to have invented email — he is represented by Charles Harder, a key figure in the Gawker-killing legal campaign that Peter Thiel financed, and who is also representing Melania Trump in her $150m lawsuit against […]
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Python is immensely popular in the data science world for the same reason it is in most other areas of computing—it has highly readable syntax and is suitable for anything from short scripts to massive web services. One of its most exciting, newest applications, however, is in machine learning. You can dive into this booming […]
Learning new skills is a great way to improve your resume and stand out from other candidates. Especially in a workforce in which many job-seekers have a wide variety of qualifications. With lifetime access to Virtual Training Company, you won’t have to choose a specific focus. You can pick up new expertise whenever you deem it […]
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