This week we deal with the following questions:

> What are the characteristics of digitalization?

> What are some of the effects of digitalization?

This session consists of 4 tasks: watch, browse, contribute, come by.

1- Watch: Watch the following lectures. This session covers one set of presentations: 5/6-x of about 2h 15min. It is recommended to take notes on a slide print-out while watching.

Slides5/6-x_Digitalization_Hilbert.pdf

ForNotes_Slides5/6-x_Digitalization_Hilbert.pdf

5/6-1: Digital Footprint (3 parts: 13:36)

5/6-2: Timeless Time (3:15)

5/6-3: Death of Distance (4:52)

5/6-4: Polydirectionality (1:57)

5/6-5: Network Structure (3 parts: 23:01)

5/6-6: Space of Flows (1:56)

5/6-7: Network Externalities (2 parts: 8:02)

5/6-8: Economies of Scale (3:47)

5/6-9: Media Richness Selection (3:20)

5/6-10: Exposure Selection (3:44)

5/6-11: Algorithmification (2:20)

5/6-12: Summing up Characteristics of Digitalization (2:55)

5/6-13: Media Concentration (7:39)

5/6-14: Crowdsourcing (3 parts: 12:15)

5/6-15: Transaction Cost Theory (9:22)

5/6-16: Mass-Customization (6:29)

5/6-17: Surveillance, Whistleblowing, Human-Machine Merger (2 parts: 26:44)

(total 2h 15min)

2- Browse: Spend some 10 min "browsing / speed reading" each of the following pieces of literature. The idea is that you know they exist, and what each one is about.

Shapiro, C. and Hal Varian (1999), “Information rules: a strategic guide to the network economy”, http://www.uib.cat/depart/deeweb/pdi/acm/arxius/premsa/information-rules%20VARIAN%20SHAPIRO.pdf ; especially Chapter 1

Castells, M. (2010). The Rise of the Network Society: The Information Age: Economy, Society, and Culture. Volume I (2nd ed.). Wiley-Blackwell. https://deterritorialinvestigations.files.wordpress.com/2015/03/manuel_castells_the_rise_of_the_network_societybookfi-org.pdf ; especially the Preface to the 2010 Edition

Yochai Benkler (2006), “The Wealth of Networks How Social Production Transforms Markets and Freedom”, http://www.benkler.org/Benkler_Wealth_Of_Networks_Chapter_1.pdf (Links to an external site.) ; http://cyber.law.harvard.edu/wealth_of_networks/Download_PDFs_of_the_book ; especially Chapter 1.

3- Contribute:

- Discussion Question: Prepare a small animated multimedia presentation.

4- Come to class!

We will review and discuss our multimedia presentations.

- Additional voluntary:

Castells on Networks of Revolutions (19 min)	Economics of the Internet(3 min)