This video examines the role of technology in complex systems. Technologies are procedures that harness natural phenomena—that is, transform matter, energy, and information—to fulfill human purposes. They are an obvious source of societal innovation, yet they can also get “locked-in” to sub-optimal patterns, just like institutions do. This video investigates the advantages and disadvantages of social media, platform technologies, and other inventions as potential “game-changers” in economy and society.
Produced and narrated by Dr. Michael Lawrence.