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Building the New Economy: Data as Capital

Alex Pentland - Personal Name; Alexander Lipton - Personal Name; Thomas Hardjono - Personal Name;

Data is now central to the economy, government, and health systems—so why are data and the AI systems that interpret the data in the hands of so few people? Building the New Economy calls for us to reinvent the ways that data and artificial intelligence are used in civic and government systems. Arguing that we need to think about data as a new type of capital, the authors show that the use of data trusts and distributed ledgers can empower people and communities with user-centric data ownership, transparent and accountable algorithms, machine learning fairness principles and methodologies, and secure digital transaction systems.


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Publisher
Cambridge : The MIT Press., 2022
Collation
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Language
English
ISBN/ISSN
9780262367400
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NONE
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Statement of Responsibility
Alex Pentland, Alexander Lipton, Thomas Hardjono
Other Information
Cataloger
Jemadi
Source
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Validator
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Digital Object Identifier (DOI)
https://doi.org/10.7551/mitpress/13991.001.0001
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