Welcome to the Economy of algorithms.
Now we\'re seeing a new Economy take shape: the Economy of algorithms..
In the first two decades of the 21st century, we saw the emergence of the Economy of people, otherwise known as the Digital economy, enabled by the internet.
In the 20th century, things were simple: we had the Economy of corporations.
But because they are so hard to comprehend, this leads to all kinds of unintended consequences.
We are so impressed by what they can do that we give them a lot of agency.
When algorithms perform certain tasks, they\'re not just as good as us, they\'re becoming infinitely better, and, at the same time, massively more surprising.
Algorithms have been around for hundreds of years, but they have only recently begun to \'escape\' our understanding.
In the past few years, we have been flooded with examples of impressive technology.
It\'s here and it\'s growing.
Welcome to the Economy of algorithms
