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The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment

Author

Listed:
  • Zysman, John
  • Kenney, Martin

Abstract

This report argues that computer-intensive automation (CIAutomation) is likely to change the nature of work and manufacturing value creation in the emerging Platform Economy. The industrial and service changes based on low-cost computation, as they become more generalized, may reverse Robert Gordon’s observations about the slowing growth in productivity. However, the increased adoption of CIAutomation also poses profound dilemmas for society that revolve around whether this automation will be used to solely to replace workers or can be integrated into production of goods and services in ways that augment human capacities and intelligence. Finally, we speculate upon the role of the state in in governing and shaping the emergence of the Platform Economy.

Suggested Citation

  • Zysman, John & Kenney, Martin, 2016. "The Next Phase in the Digital Revolution: Platforms, Abundant Computing, Growth and Employment," ETLA Reports 61, The Research Institute of the Finnish Economy.
  • Handle: RePEc:rif:report:61
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    File URL: http://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-61.pdf
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    Citations

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    Cited by:

    1. Dolata, Ulrich, 2020. "Internet – Platforms – Regulation: Coordination of Markets and Curation of Sociality," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2020-02, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    2. S. R. Makoev, 2020. "The Platform Economy as a Result of Cooperation Between the Accumulated Experience of Past Generations and Digital Technologies on the Example of the Consumer Sector of the Economy," Digital Transformation, Educational Establishment “Belarusian State University of Informatics and Radioelectronicsâ€, issue 2.
    3. Dolata, Ulrich, 2020. "Internet – Plattformen – Regulierung: Koordination von Märkten und Kuratierung von Sozialität," Research Contributions to Organizational Sociology and Innovation Studies, SOI Discussion Papers 2020-01, University of Stuttgart, Institute for Social Sciences, Department of Organizational Sociology and Innovation Studies.
    4. Jan Fagerberg & Erika Kraemer-Mbula & Edward Lorenz, 2021. "An Evolutionary Analysis of Transformative Change in LDCs: the cases of Kenya and Rwanda," Working Papers on Innovation Studies 20210623, Centre for Technology, Innovation and Culture, University of Oslo.

    More about this item

    Keywords

    Platforms; Automation; Gig economy; Governance; Public policy;
    All these keywords.

    JEL classification:

    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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