Sublime

Scientific models that seek to predict the consequences of human actions with some reasonable accuracy—such as game theoretical models of economic behavior—for the most part ignore human individuality in favor of aggregated outcomes.

To understand the true impact of any new technology on an economy, an organization, or society at large, we must first examine how it alters the fundamental interactions within the system.

In a well-designed network, growth begets growth, creating a healthy and dynamic system.

economists have found that as an industry uses more information technology, the average size of firms within that industry shrinks.

He proved, and received the Nobel Prize for showing, that some systems can, in fact, develop in an upward spiral of ever-increasing complexity.

Complex systems science is different. It seeks order by understanding how simple parts, interacting together and perhaps adapting to one another, create an entirely new whole. The

And so the nature of modern technology is bringing a new set of shifts: In the management of businesses, from optimizing production processes to creating new combinations—new products, new functionalities. From rationality to sense-making; from commodity-based companies to skill-based companies; from the purchase of components to the formation of

Similarly at equilibrium there’s no incentive for any agents to diverge from their present behavior—that’s the definition of an equilibrium. Therefore, exploitive behavior can’t happen. A subtle, muted, unconscious bias precludes ideas of exploitation or collapse.