Building the New Economy

Pentland, Alex, Alexander Lipton, and Thomas Hardjono. "Building the New Economy." MITP Works in Progress. Draft DOI: 10.21428/ba67f642.0499afe0.


With each major crisis, be it war, pandemic, or major new technology, there has been a need to reinvent the relationships between individuals, businesses, and governments. Today's pandemic, joined with the tsunami of data, crypto and AI technologies, is such a crisis. Consequently the critical question for today is: what sort of institutions should we be creating both to help us past this crisis and to make us less vulnerable to the next crisis? This book lays out a vision of what we should build, covering not only how to reforge our societies' social contract but also how institutions, systems, infrastructure, and law should change in support of this new order. We invite your comments and suggestions on both the ideas and the presentation, preferably by June 1, 2020 when we will move to make the book more widely available.

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