http://madisonian.net/2006/02/01/stanford-talk/ a blog about law, tech, culture, and related things Thu, 10 May 2012 20:32:56 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://madisonian.net/2006/02/01/stanford-talk/comment-page-1/#comment-32964 madisonian.net » Wealth of Networks Seminar Thu, 01 Jun 2006 00:26:38 +0000 http://madisonian.net/?p=524#comment-32964 [...] Since I have an acute interest in this stuff, the in-between, as it were, lies in Jack Balkin’s comment. The virtues of social production are obvious, once we start looking for them. The hard part is figuring out when and how to rely on creativity, production, and governance produced in and via social structures in addition to, or as an alternative to, creativity, production, and governance produced in and via hierarchies and markets. It’s important, as Yochai says, to celebrate the fact that social production gives us stuff that we like as much as or even better than the stuff we get from hierarchies, but that’s not enough. Because that doesn’t tell anyone anything (or at least it doesn’t tell anyone enough) about when, where, or how to stimulate social production, or to stimulate markets, or to depress or suppress either. Can a Grand Unified Theory of Information give us that answer? Eventually, I think that it can. But I don’t think that we have it yet. Trackback URL: http://madisonian.net/archives/2006/05/31/wealth-of-networks-seminar/trackback/ [...] [...] Since I have an acute interest in this stuff, the in-between, as it were, lies in Jack Balkin’s comment. The virtues of social production are obvious, once we start looking for them. The hard part is figuring out when and how to rely on creativity, production, and governance produced in and via social structures in addition to, or as an alternative to, creativity, production, and governance produced in and via hierarchies and markets. It’s important, as Yochai says, to celebrate the fact that social production gives us stuff that we like as much as or even better than the stuff we get from hierarchies, but that’s not enough. Because that doesn’t tell anyone anything (or at least it doesn’t tell anyone enough) about when, where, or how to stimulate social production, or to stimulate markets, or to depress or suppress either. Can a Grand Unified Theory of Information give us that answer? Eventually, I think that it can. But I don’t think that we have it yet. Trackback URL: http://madisonian.net/archives/2006/05/31/wealth-of-networks-seminar/trackback/ [...]

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