{"id":24043,"date":"2011-10-06T16:52:50","date_gmt":"2011-10-06T20:52:50","guid":{"rendered":"http:\/\/danielschristian.com\/learning-ecosystems\/?p=24043"},"modified":"2011-10-06T16:54:17","modified_gmt":"2011-10-06T20:54:17","slug":"the-second-economy-arthur","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2011\/10\/06\/the-second-economy-arthur\/","title":{"rendered":"The second economy [Arthur]"},"content":{"rendered":"<p><a href=\"https:\/\/www.mckinseyquarterly.com\/Strategy\/Growth\/The_second_economy_2853\" target=\"_blank\"><strong>The second economy<\/strong><\/a> &#8212; from McKinsey Quarterly by W. Brian Arthur<br \/>\n<em>Digitization is creating a second economy that\u2019s vast, automatic, and invisible\u2014thereby bringing the biggest change since the Industrial Revolution.<\/em><\/p>\n<p><em>Excerpt:<\/em><\/p>\n<p style=\"padding-left: 30px;\">We could look for one in the genetic technologies, or in nanotech, but their time hasn\u2019t fully come. But I want to argue that something deep is going on with information technology, something that goes well beyond the use of computers, social media, and commerce on the Internet. Business processes that once took place among human beings are now being executed electronically. They are taking place in an unseen domain that is strictly digital. On the surface, this shift doesn\u2019t seem particularly consequential\u2014it\u2019s almost something we take for granted. But I believe it is causing a revolution no less important and dramatic than that of the railroads. It is quietly creating a second economy, a digital one.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The second economy &#8212; from McKinsey Quarterly by W. Brian Arthur Digitization is creating a second economy that\u2019s vast, automatic, and invisible\u2014thereby bringing the biggest change since the Industrial Revolution. Excerpt: We could look for one in the genetic technologies, or in nanotech, but their time hasn\u2019t fully come. But I want to argue that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[174,86,209,306,37,234,480,299],"tags":[659,614,349,587,96,689,693,792,717],"class_list":["post-24043","post","type-post","status-publish","format-standard","hentry","category-career-development","category-change","category-changing-business-models","category-economics","category-future","category-history","category-society","category-workplace","tag-career-development","tag-change","tag-economicsbusiness","tag-future","tag-global","tag-history","tag-new-business-models","tag-society","tag-workplace"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/24043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=24043"}],"version-history":[{"count":5,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/24043\/revisions"}],"predecessor-version":[{"id":24049,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/24043\/revisions\/24049"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=24043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=24043"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=24043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}