Название: Algorithms, Blockchain & Cryptocurrency: Implications for the Future of the Workplace
Автор: Gavin Brown
Издательство: Emerald Publishing
Серия: The Future of Work
Год: 2020
Страниц: 204
Язык: английский
Формат: pdf (true), epub
Размер: 10.1 MB

The convergence of Algorithms, Blockchain and Cryptocurrency has the potential to fundamentally disrupt the current world of work. This book investigates the effects of this on the worker, the organisation and the economy, by considering a future where the traditional power relationships between workers and firms no longer apply.

Using the term “Bitwork” to define this future world of work, the book proposes the idea of the Bitworker who is highly flexible, holds multiple roles, and has multiple incomes. Chapters consider the potential winners and losers of this technological pivot by exploring implications such as:

- the expanding array of currencies;
- training and education;
- retirement and loyalty;
- profit and power within organizations;
- economic policy.

Algorithms seem to be an opaque and impenetrable concept; however, fundamentally they are simply a precise set of instructions to complete a task or process, generate an output, or simply turn A into B. Algorithms are everywhere, making the technology we use work and governing our simple decisions. Whilst the ones running your phone, payments, computer, car and so on are often unimaginably complex, the concept itself is delightfully simple. Simply, an algorithm is a precise set of instructions or formula for solving a problem or doing a task. In a computing sense, we use algorithms to tell a computer how to do a given task. When we consider any algorithm as a set of precise instructions and not simply as a purely computational topic, we can see that algorithms are simply all around us.

The book’s comprehensive recommendations on how workers, organisations and nation states will need to adapt to prosper in this new world, provide a useful survival guide for researchers, practitioners and policy makers working on behavioural economics, economic policy and the future of work.