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Computable Economy

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The recent arrival of an innovation supercluster of digital business technologies (web3/ industry 4.0, etc) is driving a deep, global institutional transformation from industrial to digital economies. A digital economy is a new type of economy that is qualitatively different because it is far more ‘computable’. This paper elaborates the concept of a computable economy (or ‘Turing complete economy’) - as well as elements of computable agents, computable markets, computable capital, computable institutions, computable innovation and computable commons. The web3 innovation supercluster is an evolutionary phase-transition from a mostly non-computable to an extensible computable economy.
Elsevier BV
Title: Computable Economy
Description:
The recent arrival of an innovation supercluster of digital business technologies (web3/ industry 4.
0, etc) is driving a deep, global institutional transformation from industrial to digital economies.
A digital economy is a new type of economy that is qualitatively different because it is far more ‘computable’.
This paper elaborates the concept of a computable economy (or ‘Turing complete economy’) - as well as elements of computable agents, computable markets, computable capital, computable institutions, computable innovation and computable commons.
The web3 innovation supercluster is an evolutionary phase-transition from a mostly non-computable to an extensible computable economy.

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