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The World Wide Web and the Wealth of Nations: Does IT Matter?
Published on 2009-04-249578 Views
Presentation
The World Wide Web and the Wealth of Nations: Does IT Matter?00:00
Part I: Specialization, Coordination and Wealth08:41
Division of Labor and Specialization Gains02:57:36
Exchange and Coordination30:02:55
Transaction Costs: “Coordination Is No Free Lunch”62:17:14
Our Ability to Economize on the Cost of Coordination Constrains Our Ability to Specialize83:35:41
Macroeconomic Impact of Transaction Costs105:08:26
Some Drivers of Transaction Costs141:07:12
Part II: Selected Functions of Enterprises in Markets205:19:18
Inter-temporal Transformation207:54:26
Volume Transformation235:00:03
Risk Transformation247:16:58
Coordination and Production281:13:15
Imperfect Information and Uncertainty295:04:34
… Under Uncertainty330:16:17
It’s All About Information357:17:54
Information Overload Is a Myth374:51:58
Category Systems …407:35:11
… Are Essential for Efficient Information Processing …427:32:58
… For Humans and Computers Alike!442:08:22
Part III: The Economics of Automation465:19:47
Man Has Tried For Ages ...468:03:45
When Is Automation Efficient?483:29:07
Computer Information Systems533:20:09
Software Reuse549:02:12
(Simplified) Economics of Reuse582:20:33
Reuse and the Toy Train: Small or Large Building Blocks596:17:05
Part IV: Information Technology and the World Wide Web601:18:37
The Nature of Information Processing in the Machine605:14:31
Category Systems in the Mind and in the Machine - 1631:41:36
Category Systems in the Mind and in the Machine - 2671:43:56
The World Wide Web - 1699:41:24
The World Wide Web - 2718:36:50
The World Wide Web - 3719:00:08
The World Wide Web - 4720:18:56
The World Wide Web, Essentially721:28:36
First Web Server738:51:38
First Browser743:05:39
Hypertext '91 Conference746:27:32
The Web Fosters The Particular765:02:48
Part V: Where Are We Heading?777:43:31
Recap: Specificity780:57:14
Growth in Specificty - 1783:38:05
The Range of Production on the Level of the Overall Economy790:33:14
Growth in Specificity - 2825:06:25
1920: 5168 Types of Goods829:43:38
Growth in Specificity - 3845:23:14
Growth in Specificity - 4860:43:40
Examples - 1873:45:00
Examples - 2884:35:46
Examples - 3889:37:33
Specificity and Uncertainty896:34:54
Specificity Creates Long-Tail Effects909:38:25
Conceptual Specificity Induces Symbolic Specificity940:17:18
Increased Specificity of Data Structures995:51:46
Increased Specificity of Processes1005:08:54
Long-tail Effects in the Processes Landscape1022:47:29
The Money is on the Long Tail1062:00:49
Part VI: Does IT Matter?1082:11:47
Recap: We Must Master Specificity1086:43:42
Computers May Help…1095:35:13
Has ICT Lowered the Cost of Coordination?1101:55:15
The Productivity Paradox1110:59:50
Could ICT Lower the Cost of Coordination?1161:27:03
Search: Yellow Pages vs. Google1188:54:18
Hepp Computertechnik1200:18:39
But: Google Still Insufficient on the Long Tail of Search1254:22:26
Part VII: Can IT Be A Commodity?1305:13:13
Carr’s Claims1307:59:15
What is a Commodity?1338:31:33
But: IT Determines the Sensory and Cognitive Performance of Enterprises1352:48:16
Component Reuse is Not Equivalent to Turning IT into a Commodity!1438:05:49
IT Must Represent the Category Structures of Human Reality1453:00:37
Computer Information Systems Show Massive Economies of Scale1461:46:35
The World Wide Web Allows Reuse Even on the Long Tail1470:46:24
Part VIII: Conclusion1486:48:39
Epilogue1544:03:58
Thank you1552:35:11