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Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

May 31, 2020

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Page 1: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Dirk Helbing (ETH Zurich)[email protected]!

!Why Open Science and Responsible Innovation Are !So Important!

Follow on!

Page 2: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

We have not solved our existential

problems!!

Page 3: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Cascading Effects During Financial Crises!

Social Dilemma Problem!-  Global Warming!-  (Financial Crisis)!-  Free-Riding!-  Tax Evasion!-  Environmental Pollution!-  Environmental Exploitation!-  Overfishing!

Climate Change

-  Extreme weather!-  Biodiversity loss!

Page 4: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Financial, Economic, Spending Crisis!

http://ipso.de/press-and-information/IPSO%20Newsletter%20May%202012.pdf!

Page 5: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Conflict, War!

http://www.turnto10.com/story/26049806/local-experts-weigh-in-on-malaysian-airlines-crash!

Page 6: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Mass Migration!

Page 7: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Terrorism!

Page 8: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Our main problem is the lack of sustainability!

Page 9: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 10: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 11: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 12: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 13: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 14: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Dirk Helbing

Why we need democracy 2.0 and capitalism2.0 to survive

The world is running into great trouble. The Anthropocene challenges (in-cluding climate change, impending resource shortages, demographic change,conflict, financial and economic crises) call for entirely new answers. As aresult, we are now seeing the emergence of data-driven societies around theglobe. Feudalism 2.0, fascism 2.0, communism 2.0, socialism 2.0, democracy2.0 and capitalism 2.0 can now be built. What framework should we choose?What would be the implications?

Category: ArticlesRegion: SwitzerlandField of law: E-Government

Citation: Dirk Helbing, Why we need democracy 2.0 and capitalism 2.0 to survive, in: JusletterIT 25 May 2016

ISSN 1664-848X, http://jusletter-it.weblaw.ch, Weblaw AG, [email protected], T +41 31 380 57 77

Page 15: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Would Big Data solve our problems?!

Page 16: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 17: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

!CHRIS ANDERSON’S DREAM: !

!The end of theory: the data deluge makes the scientific

method obsolete. !!

Wired Magazine 16(7), 2008!

Page 18: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 19: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

A. Pentland et al.!

Can We Know Everything?!

Page 20: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Can We Build A Crystal Ball?!

Page 21: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 22: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

“Data is the new oil” – Clive Humby!!… but models are the new gold!!… and participation means social capital!!

Exponential growth of computing. 20th through 21st century.!Coutesy of Ray Kurzweil and Kurzweil Technologies, Inc. License: CC-BY 1.0.!

The Digital Revolution Is on Its Way!

Page 23: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Would !so much intelligence allow governments, monopolies, or individuals to run the world like a benevolent dictator ?!

Page 24: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Manipulation of the Choices of People by Personalized Information!

Page 25: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Nudging: “Liberal Paternalism”!

D.M. Hausmann and B. Welch (2009) Nudging is neither liberitarian nor paternalist nor benign!

Page 26: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 27: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 28: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

RoboChess!

Page 29: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 30: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 31: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Beware of Game Changers!

Page 32: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 33: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 34: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 35: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

!

The Cities with Highest Quality of Life Are Not in the Leading IT Nations!

Page 36: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

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Czech Republic

Hungary

PolandSlovak Republic

Orban Prime Minister

The „Benevolent Dictator“ !Does Not Perform Better!

Page 37: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Optimization Produces Decelerating Growth, (Co-)Evolution Accelerating Growth!

Page 38: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

The emerging “digital sector” challenges the industrial and service sectors!

Page 39: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 40: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

A Massive Loss of Jobs Is Already Happening!

Page 41: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

40% of Today’s !Top 500

Companies Will Be Gone in 10 Years!

Page 42: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Cascading Effects During Financial Crises!

Page 43: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 44: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

“We cannot solve our problems with the same kind of thinking that created them”!!Albert Einstein!

Page 45: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 46: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

We Are Living in A Complex, Networked World!

Page 47: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Exponential vs.Factorial Growth – Implications for the Governance of Complex Systems!

Data!volume!

Processing power!

Systemic!complexity!

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Big Data: Evidence-based!decision-making!

Not enough data to take good decisions!

Loss of top-!down control:!Distributed!control!

Page 48: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 49: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 50: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 51: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 52: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 53: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 54: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Science and Innovation!

Page 55: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

TISA

Page 56: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Education: Learning Platforms!

Page 57: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 58: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

•  More research capacity

•  More speed

•  More impact

•  Acclerate innovation & applications

•  Mobilize collective intelligence

•  Unleash local knowledge

•  Tap into formerly unused resources

Some Benefits of Citizen Science!

Page 59: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Quantified Self!

Page 60: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Daten und Gesundheit!!miData!

Page 61: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

www.cimplex*project.eu

Influenzanet: Health Services for Citizens Run by Citizens !

Grippenet.ch is the new Swiss member of the Influenzanet consortium!

Page 62: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Innovation: Fablabs Around the World!

Page 63: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 64: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 65: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Economy:!How to create jobs and earn

money in future?!

Page 66: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Economies of scale!(rationalization)!

Co-creation!(e.g. cultural goods)!

Page 67: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Data: New Opportunities for All!!

Data production!

Data analytics! Applications and Services!

Page 68: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

VLADGRIN/Shutterstock com!

Information, Innovation, Production and Service Ecosystem!

Combinatorial innovation!

co-epetition, co-learning, co-innovation, and co-creation !

Page 69: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding
Page 70: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

From Power to Empowerment: Create New Opportunities for Everyone!

www.enableeurope.eu!

If set up well, enabling users, customers, citizens will lead to better services, better products, better businesses, better

neighborhoods, smarter cities, smarter societies …!

Page 71: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Combinatorial Innovation, !Co-Evolution (needs Freedom)!

Nathan Sawaya!

Page 72: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

C.A. Hidalgo, B. Klinger, A.L. Barabasi, R.

Hausmann, The product space conditions the

development of nations. Science 317, 482-487

(2007). !

Diversity and Complexity Are Crucial Economic Success Factors!

Page 73: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Finance:!Efficient, liberal,

participatory, social, democratic and

ecological!

Page 74: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

It is now possible to create such new money(s), as BitCoin has shown!

Page 76: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Each Smartphone Contains >10 Sensors!!Today‘s Universal Tool!

Page 77: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

We Can Connect Smartphones !to Build a Global Measurement System!

Photo: apple iOS and android phones!

Page 78: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

The „Internet of Things“ as Citizen Web!

http://www.thisviewoflife.com/index.php/magazine/articles/climate-change-and-inter-group-cooperation!

Illustration:!Jac Depczyk !

Page 79: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Mapping Noise and other Externalities!

Page 80: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

We Need a Multi-

Dimensional Incentive/Reward System:!

„Qualified !Money“!

Page 81: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Circular Economy + Sharing Economy!

Page 82: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

A Governance Proposal!

Patent!pending!

Page 83: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Open Governance:!Enabling collective

intelligence!

Page 84: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Image Source: http://medialniproroci.blogspot.ch/2013/04/sharing-is-new-shoppingand-working.html!!!http://byronmorrisonmills.files.wordpress.com/2014/04/collective-intelligence.jpg!

Bring Great Ideas and Brilliant Minds Together!

Page 85: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

We need to build suitable

platforms to collect, share and integrate

ideas!

Online Deliberation

Platforms!

MOODs!

Page 86: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Diversity Wins, Not the Best!

!Wisdom of crowds requires independent exploration and then integration!

Top-down and majority decisions obstruct collective intelligence!!

Page 87: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Collective Intelligence Can Outperform !Yes/No-Democracies and Markets!

R. Mann and DH: !Minorities Report: !Optimal Incentives!for Collective !Intelligence, !Preprint (2016)!

Page 88: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Value Pluralism!

•  Privacy!•  Autonomy!•  Equity!•  Justice!•  Dignity!•  Happiness!•  Wellbeing!•  Safety!•  Security!

After Jeroen van den Hoven!

•  Sustainability!•  Health!•  Friendship !•  Solidarity!•  Peace!•  Usability!•  Resilience!•  Efficiency!•  Flexibility!!

Goals must be balanced (politically negotiated).!Otherwise, the approach is oversimplified, inadequate.!

Page 89: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Build digital democracyOpen sharing of data that are collected with smart devices would empower citizens

and create jobs, say Dirk Helbing and Evangelos Pournaras.

Fridges, coffee machines, toothbrushes, phones and smart devices are all now equipped with communicating sensors.

In ten years, 150 billion ‘things’ will connect with each other and with billions of people. The ‘Internet of Things’ will generate data vol-umes that double every 12 hours rather than every 12 months, as is the case now.

Blinded by information, we need ‘digital sunglasses’. Whoever builds the filters to monetize this information determines what we see — Google and Facebook, for exam-ple. Many choices that people consider their own are already determined by algorithms. Such remote control weakens responsible, self-determined decision-making and thus society too.

The European Court of Justice’s ruling on 6 October that countries and companies must comply with European data-protec-tion laws when transferring data outside the European Union demonstrates that a new digital paradigm is overdue. To ensure that no government, company or person with sole control of digital filters can manipulate

our decisions, we need information sys-tems that are transparent, trustworthy and user-controlled. Each of us must be able to choose, modify and build our own tools for winnowing information.

With this in mind, our research team at the Swiss Federal Institute of Technology in Zurich (ETH Zurich), alongside international partners, has started to create a distributed, privacy-preserving ‘digital nervous system’ called Nervousnet. Nervousnet uses the sen-sor networks that make up the Internet of Things, including those in smartphones, to measure the world around us and to build a collective ‘data commons’. The many chal-lenges ahead will be best solved using an open, participatory platform, an approach that has proved successful for projects such as Wikipedia and the open-source operating system Linux.

A WISE KING?The science of human decision-making is far from understood. Yet our habits, rou-tines and social interactions are surprisingly

predictable. Our behaviour is increasingly steered by personalized advertisements and search results, recommendation systems and emotion-tracking technologies. Thou-sands of pieces of metadata have been col-lected about every one of us (see go.nature.com/stoqsu). Companies and governments can increasingly manipulate our decisions, behaviour and feelings1.

Many policymakers believe that personal data may be used to ‘nudge’ people to make healthier and environmentally friendly decisions. Yet the same technology may also promote nationalism, fuel hate against minorities or skew election outcomes2 if eth-ical scrutiny, transparency and democratic control are lacking — as they are in most private companies and institutions that use ‘big data’. The combination of nudging with big data about everyone’s behaviour, feelings and interests (‘big nudging’, if you will) could eventually create close to totalitarian power.

Countries have long experimented with using data to run their societies. In the 1970s, Chilean President Salvador Allende created

Many choices that people consider their own are already determined by algorithms.

5 N O V E M B E R 2 0 1 5 | V O L 5 2 7 | N A T U R E | 3 3

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Page 90: Dirk Helbing (ETH Zurich) dhelbing@ethz€¦ · Why we need democracy 2.0 and capitalism 2.0 to survive The world is running into great trouble. The Anthropocene challenges (in-cluding

Measuring Innovation: !Determining the “Genes” of a Product!