Cover image for The digital economy : rethinking promise and peril in the age of networked intelligence
Title:
The digital economy : rethinking promise and peril in the age of networked intelligence
Author:
Tapscott, Don, 1947- , author.
Edition:
20th Anniversary edition.
Publication Information:
New York : McGraw-Hill Education, [2015]
Physical Description:
xxix, 413 pages ; 24 cm
Summary:
""Twenty years of hindsight prove how deeply Tapscott understood the impact the Internet would have on the way we live, work, play and learn. This important book, now updated, is just as relevant today as it was then." John Chambers, Chairman and CEO, CiscoWith a new foreword by Eric Schmidt, Chief Executive of GoogleTwo decades ago, The Digital Economy changed the way the world thought about the Web and Internet. While everyone else was in awe of "websites" and "dot coms, " Don Tapscott was among the first people to argue that the Internet would fully transform the nature of business and government. It goes without saying that his predictions were spot on. Now, in this new edition of his classic work, the New York Times bestselling author provides topical updates with a sweeping new analysis of how the Internet has changed business and society in the last 20 years, covering: Natural frictions between present-day Industrial Capitalism and the Digital Economy The radical effects of the Internet on traditional corporate structures and systems Dramatic changes in business collaboration and culture thanks to social media The rise of web-based analytics and how they have transformed business functions Government transparency, citizen empowerment, and the creation of public value Teaching and learning--revolutionary developments driven by digital content When Tapscott was writing the original edition in 1994, he was living in a world where Netscape had been just introduced as go-to browser, websites didn't do transactions, dial-up was the only way to get online, and mobile phones sightings were rare. Google, YouTube, eBay, Facebook, Twitter? They didn't exist. Preserving all the original text as it appeared 20 years ago, this new edition includes detailed essays ending each chapter--Tapscott's highly informed reflections on his predictions, along with new forecasts of where the digital world is headed. Praise for the new edition of The Digital Economy"1994 was a good year. Netscape Navigator and The Digital Economy. With this anniversary edition, Tapscott provides lucid insights for the next stage of these amazing times." Marc Andreessen, Co-founder and General Partner, Andreessen Horowitz"Brilliant. Governments can learn from The Digital Economy how to democratize access to prosperity, minimize social and economic divides and transform government and democracy for the 21st Century." Enrique Peña Nieto, President of Mexico "We're now into three decades of terrific insights and analysis from Don Tapscott about the digital revolution! Read this book!" Ajay Banga, President and CEO, Mastercard"In this fascinating reflection of predictions and trends from the past 20 years, Don Tapscott continues to provide valuable insights into the opportunities and challenges for business, government, and wider society in our increasingly digital and connected world." Indra K. Nooyi, Chairman and CEO, PepsiCo"20 years ago Don Tapscott showed again that he had his finger on the pulse of the digital world. His new perspective, insights, and analysis should be required reading for everyone from students to CEOs." Bill McDermott, CEO, SAP"The Digital Economy was a pioneering work--a watershed. The 20th Anniversary Edition has unsettling reflections on the past and profound insights for our collective future." Georg Kell, Executive Director, UN Global Compact"Given Don's foresight over the last 20 years, businesses who do not carefully monitor the trends he outlines about the next few years will do so at their own peril." Paul Polman, CEO, Unilever"--
Language:
English
ISBN:
9780071835558
Format :
Book

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Summary

Summary

"Twenty years of hindsight prove how deeply Tapscott understood the impact the Internet would have on the way we live, work, play and learn. This important book, now updated, is just as relevant today as it was then."
John Chambers, Chairman and CEO, Cisco

With a new foreword by Eric Schmidt, Chief Executive of Google

Two decades ago, The Digital Economy changed the way the world thought about the Web and Internet. While everyone else was in awe of "websites" and "dot coms," Don Tapscott was among the first people to argue that the Internet would fully transform the nature of business and government. It goes without saying that his predictions were spot on.

Now, in this new edition of his classic work, the New York Times bestselling author provides topical updates with a sweeping new analysis of how the Internet has changed business and society in the last 20 years, covering:

Natural frictions between present-day Industrial Capitalism and the Digital Economy The radical effects of the Internet on traditional corporate structures and systems Dramatic changes in business collaboration and culture thanks to social media The rise of web-based analytics and how they have transformed business functions Government transparency, citizen empowerment, and the creation of public value Teaching and learning--revolutionary developments driven by digital content

When Tapscott was writing the original edition in 1994, he was living in a world where Netscape had been just introduced as go-to browser, websites didn't do transactions, dial-up was the only way to get online, and mobile phones sightings were rare. Google, YouTube, eBay, Facebook, Twitter? They didn't exist.

Preserving all the original text as it appeared 20 years ago, this new edition includes detailed essays ending each chapter--Tapscott's highly informed reflections on his predictions, along with new forecasts of where the digital world is headed.

Praise for the new edition of The Digital Economy

"1994 was a good year. Netscape Navigator and The Digital Economy . With this anniversary edition, Tapscott provides lucid insights for the next stage of these amazing times."
Marc Andreessen, Co-founder and General Partner, Andreessen Horowitz

"Brilliant. Governments can learn from The Digital Economy how to democratize access to prosperity, minimize social and economic divides and transform government and democracy for the 21st Century."
Enrique Peña Nieto, President of Mexico

"We're now into three decades of terrific insights and analysis from Don Tapscott about the digital revolution! Read this book!"
Ajay Banga, President and CEO, Mastercard


Author Notes

Don Tapscott is one of the world's leading authorities on innovation, media, and the economic and social impact of technology. Named one of the world's most important living management thinkers by Thinkers50, he advises business and government leaders around the globe. Tapscott is the author or coauthor of some of the most widely read and cited books on technology in society, including Paradigm Shift, Growing Up Digital, Grown Up Digital, The Naked Corporation, Digital Capital, Wikinomics , and Macrowikinomics.


Reviews 1

Choice Review

Tapscott, a leading authority on innovation, media, and the economic and social impacts of technology, has reissued this 20th anniversary volume nearly verbatim with the addition of a new preface and new commentaries at the beginning of each chapter. For readers who liked the original, as this reviewer did (CH, May'96, 33-5199), this new edition will enhance their appreciation of Tapscott's work. He focuses on an age of networked intelligence in which relentless technological change results in both positive and negative consequences for a world where human knowledge is of the utmost importance. Each new commentary reflects on how the world has changed, raises new issues and insights for today, and projects forward to the next 20 years. This new edition includes a foreword by Eric Schmidt, executive chairman of Google. Recommended for college students at all levels, business practitioners, and anyone interested in how the world is changing in part because of the influence of digital technology. Summing Up: Recommended. All readers. --Edward J. Szewczak, Canisius College


Table of Contents

Eric Schmidt
Foreword to The Digital Economy 20th Anniversary Editionp. ix
Preface to The Digital Economy 20th Anniversary Editionp. xi
Original Preface to the 1995 Editionp. xxiii
Acknowledgments for the 1995 Editionp. xxvii
Acknowledgments for the 20th Anniversary Editionp. xxix
20th Anniversary Edition Commentary on Chapter 1p. 1
Chapter 1 The Age of Networked Intelligencep. 11
Part I Thriving In A New Economy
20th Anniversary Edition Commentary on Chapter 2p. 51
Chapter 2 Twelve Themes of the New Economyp. 54
20th Anniversary Edition Commentary on Chapter 3p. 83
Chapter 3 The Internetworked Businessp. 91
20th Anniversary Edition Commentary on Chapter 4p. 113
Chapter 4 The New Technology: Say You Want a Revolutionp. 127
Part II Internetworking
20th Anniversary Edition Commentary on Chapter 5p. 155
Chapter 5 The Internetworked Business at Workp. 160
20th Anniversary Edition Commentary on Chapter 6p. 191
Chapter 6 Internetworked Governmentp. 195
20th Anniversary Edition Commentary on Chapter 7p. 217
Chapter 7 Have Network, Will Travelp. 223
20th Anniversary Edition Commentary on Chapter 8p. 237
Chapter 8 Learning in the Digital Economyp. 247
Part III Leadership For Transformation
20th Anniversary Edition Commentary on Chapter 9p. 267
Chapter 9 The New Media Industryp. 271
20th Anniversary Edition Commentary on Chapter 10p. 297
Chapter 10 Leadership for the Internetworked Businessp. 304
Part IV Leadership For The Digital Frontier
20th Anniversary Edition Commentary on Chapter 11p. 327
Chapter 11 Privacy in the Digital Economyp. 333
20th Anniversary Edition Commentary on Chapter 12p. 347
Chapter 12 The New Responsibilities of Businessp. 359
Appendixesp. 395
Selected Readingsp. 403
Indexp. 407