University of Kwazulu-Natal

The Rise Of The Machines Conceptualizing The Machine Economy

Bonisiwe Shabane
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the rise of the machines conceptualizing the machine economy

Home > Conferences > PACIS > PACIS2021 > 54 Jan Jöhnk, FIM Research Center, University of BayreuthFollow Tobias Albrecht, FIM Research Center, University of BayreuthFollow Laurin Arnold, FIM Research Center, University of BayreuthFollow Tobias Guggenberger, FIM Research Center, University of BayreuthFollow Luis Lämmermann,... Recently a novel phenomenon, the machine economy, experiences rapidly increasing recognition from both research and practice. However, we still lack a thorough conceptual understanding of its driving technologies and their interrelations. This hampers the incorporation of the machine economy in today’s organizations to unleash its full potential. Therefore, we set out with a conceptual research approach.

First, we investigate the characteristics of the central technologies, the Internet of Things (IoT), Artificial Intelligence (AI), and Blockchain (BC). Second, we examine the bilateral technology interrelations to explicate their synergistic interplay. Third, we shed light on their trilateral technology convergence and conflate our reasoning into a holistic conceptual model. Finally, we demonstrate the machine economy’s real-world applicability with three exemplary instantiations. Throughout our research approach, we observe the machine economy concept through two theoretical lenses: the theory of selfadaptive systems and the actor-network theory. Jöhnk, Jan; Albrecht, Tobias; Arnold, Laurin; Guggenberger, Tobias; Lämmermann, Luis; Schweizer, André; and Urbach, Nils, "The Rise of the Machines: Conceptualizing the Machine Economy" (2021).

PACIS 2021 Proceedings. 54. https://aisel.aisnet.org/pacis2021/54 When commenting on articles, please be friendly, welcoming, respectful and abide by the AIS eLibrary Discussion Thread Code of Conduct posted here. ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online) Eric Schmidt unpacks the complex US-China AI rivalry, revealing China’s strategic shift and America’s looming energy vulnerability.

He emphasizes AI’s geopolitical threats and the urgent need for global diplomatic frameworks. Chip stocks plunge across the board as growing fears of an “AI bubble” loom. Investors are de-risking ahead of Nvidia’s highly anticipated earnings report, which could signal the industry’s trajectory. Google’s Gemini 3 launches with a “full stack” advantage, integrating directly into search to leverage its end-to-end control from research to applications. This move redefines the AI race, showcasing the company’s comprehensive ecosystem against agile rivals.

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Home > Conferences > PACIS > PACIS2021 > 54 Jan

Home > Conferences > PACIS > PACIS2021 > 54 Jan Jöhnk, FIM Research Center, University of BayreuthFollow Tobias Albrecht, FIM Research Center, University of BayreuthFollow Laurin Arnold, FIM Research Center, University of BayreuthFollow Tobias Guggenberger, FIM Research Center, University of BayreuthFollow Luis Lämmermann,... Recently a novel phenomenon, the machine economy, experiences rapidly in...

First, We Investigate The Characteristics Of The Central Technologies, The

First, we investigate the characteristics of the central technologies, the Internet of Things (IoT), Artificial Intelligence (AI), and Blockchain (BC). Second, we examine the bilateral technology interrelations to explicate their synergistic interplay. Third, we shed light on their trilateral technology convergence and conflate our reasoning into a holistic conceptual model. Finally, we demonstrat...

PACIS 2021 Proceedings. 54. Https://aisel.aisnet.org/pacis2021/54 When Commenting On Articles, Please

PACIS 2021 Proceedings. 54. https://aisel.aisnet.org/pacis2021/54 When commenting on articles, please be friendly, welcoming, respectful and abide by the AIS eLibrary Discussion Thread Code of Conduct posted here. ISSN 1945-7707 (Print) | ISSN 1945-7715 (Online) Eric Schmidt unpacks the complex US-China AI rivalry, revealing China’s strategic shift and America’s looming energy vulnerability.

He Emphasizes AI’s Geopolitical Threats And The Urgent Need For

He emphasizes AI’s geopolitical threats and the urgent need for global diplomatic frameworks. Chip stocks plunge across the board as growing fears of an “AI bubble” loom. Investors are de-risking ahead of Nvidia’s highly anticipated earnings report, which could signal the industry’s trajectory. Google’s Gemini 3 launches with a “full stack” advantage, integrating directly into search to leverage i...