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Subtitle: The Fall of Big Data and the Rise
of the Blockchain Economy, Regnery Gateway, 2018, 320 pgs., index, endnotes,
bibiography
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Reviewer comments:
 George
Gilder - Knowledge and Power - Subtitle: The Information Theory of
Capitalism and How it is Revolutionizing our World
This is another in the author's extensive output of provacative commentaries on
current economic concepts and their results in practice. He then describes his
alternative concepts based on the fundamental importance of knowledge - the
expansion of knowledge that is essential for economic and social development.
In this book he focuses on the rapidly approaching limitations of current
knowledge expansion based on ever increasing massive data storage systems that
require more and more expensive physical facilities and faster and faster data
transfer systems. He believes that the new 'blockchain' technology (software
and hardware) will enable future exponential expansion of knowledge necessary
for economic and social development. His explainations of all this are filled
with rather obscure references and his own terms such as 'cryptocosm'. All this
is interesting and beyond this reader. He does provide a helpful glossary of
these terms. But then in the final chapters he launches into a discussion of
'money', gold, and 'value'. In this he is mistaken in his history of money and
gold. But fundamentally he is mistaken in his understanding (actually not
expressed directly) of the concept of 'value'. He further is mistaken in his
discussion (definition) of gold in the glossary.
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Recommended references:
George Gilder - The Scandal of Money Subtitle: Why Wall Street Recovers
but the Economy Never Does, Regenery, NY. 2016, 202 pgs., index, notes.
George Gilder - Knowledge and Power, Subtitle: The Information Theory of
Capitalism and How it is Revolutionizing our World, Regnery, Washington D.C.,
2013, 348 pgs., index, notes, glossary.
George Gilder, Wealth and Poverty, Basic Books, NY., 1981, 306 pgs.,
index, bibliography, notes
Jeremy Black, The Power of Knowledge, Subtitle: How Information and
Technology Made the Modern World, Yale Univ. New Haven, 2014, 492 pgs., index,
end notes
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Prologue - Back to the Future - The Ride
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Chapter 1 - Don't Steal This Book
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Chapter 2 - Google's System of the World
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Chapter 3 -Google's Roots and Religions
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Chapter 4 - End of the Free World
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Chapter 5 - Ten laws of the Cryptocosm
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Chapter 6 - Google's Datacenter Coup
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Chapter 7 - Dally's Parallel Paradigm
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Chapter 8 - Markov and Midas
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Chapter 9 - Life 3.0
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Chapter 10 - 1517
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Chapter 11 - The Heist
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Chapter 12 - Finding Satoshi
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Chapter 13 -Battle of the Blockchains
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Chapter 14 -Blockstack
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Chapter 15 - Taking Back the Net
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Chapter 16 -Brave Return of Brendan Eich
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Chapter 17 -Yuanfen
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Chapter 18 - The Rise of Sky Computing
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Chapter 19 - A Global Insurrection
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Chapter 20 - Neutering the Network
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Chapter 21 -The Empire Strikes Back
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Chapter 22 - The Bitcoin Flaw
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Chapter 23 - The New System of the World
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Epilogue
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Some terms of art
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