The Nature of Technology
Book description
“More than anything else technology creates our world. It creates our wealth, our economy, our very way of being,” says W. Brian Arthur. Yet despite technology’s irrefutable importance in our daily lives, until now its major questions have gone unanswered. Where do new technologies come from? What constitutes innovation, and…
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Why read it?
2 authors picked The Nature of Technology as one of their favorite books. Why do they recommend it?
I had never thought much about what technology was and where it came from before reading this book. This book opened my eyes and made me understand the history of humanity and the history of technology are one and the same.
The book vividly describes the theory of technology’s origin and evolution. In doing so, the author reminds us that technology creates our world, which in turn creates our wealth, our economy, and our way of being.
From Daniel's list on understanding current tech war future of humanity.
The modern world is defined by the relentless pace of technological change. But what is technology and how in the world does progress occur? Economists often treat the process of innovation as a “black box” out of which new products and processes emerge. Arthur opens the lid of this box and provides an eye-opening set of insights about how things work inside the box, and how that affects the rate and direction of innovation.
From Joshua's list on understanding the modern capitalist economy.
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