Diversity of Idea Flows and Economic Growth
What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors...
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Formato: | Artigo |
Idioma: | English |
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Journal of Social Computing
2021
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Acesso em linha: | https://hdl.handle.net/1721.1/130301 |
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author | Pentland, Alex |
author2 | MIT Connection Science (Research institute) |
author_facet | MIT Connection Science (Research institute) Pentland, Alex |
author_sort | Pentland, Alex |
collection | MIT |
description | What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors of income, productivity, and growth being measures of diversity and frequency of physical interaction between communities (clusters of interaction). This finding provides both new investment opportunities and new methods of risk assessment. Access and use of these data raise privacy and security risks, and the final section of the paper describes how these challenges can be controlled. |
first_indexed | 2024-09-23T10:06:16Z |
format | Article |
id | mit-1721.1/130301 |
institution | Massachusetts Institute of Technology |
language | English |
last_indexed | 2025-02-19T04:18:50Z |
publishDate | 2021 |
publisher | Journal of Social Computing |
record_format | dspace |
spelling | mit-1721.1/1303012025-02-06T18:53:04Z Diversity of Idea Flows and Economic Growth Pentland, Alex MIT Connection Science (Research institute) What role does access to diverse ideas play in economic growth? New forms of geo-located communications and economic data allow measurement of human interaction patterns and prediction of economic outcomes for individuals, communities, and nations at a fine granularity, with the strongest predictors of income, productivity, and growth being measures of diversity and frequency of physical interaction between communities (clusters of interaction). This finding provides both new investment opportunities and new methods of risk assessment. Access and use of these data raise privacy and security risks, and the final section of the paper describes how these challenges can be controlled. 2021-03-31T14:00:41Z 2021-03-31T14:00:41Z 2020-09 Article https://hdl.handle.net/1721.1/130301 Pentland, A. (2020). Diversity of Idea Flows and Economic Growth. Journal of Social Computing, 1(1), 71-81. en Attribution-NonCommercial-ShareAlike 3.0 United States http://creativecommons.org/licenses/by-nc-sa/3.0/us/ application/pdf Journal of Social Computing |
spellingShingle | Pentland, Alex Diversity of Idea Flows and Economic Growth |
title | Diversity of Idea Flows and Economic Growth |
title_full | Diversity of Idea Flows and Economic Growth |
title_fullStr | Diversity of Idea Flows and Economic Growth |
title_full_unstemmed | Diversity of Idea Flows and Economic Growth |
title_short | Diversity of Idea Flows and Economic Growth |
title_sort | diversity of idea flows and economic growth |
url | https://hdl.handle.net/1721.1/130301 |
work_keys_str_mv | AT pentlandalex diversityofideaflowsandeconomicgrowth |