Download Ebook The Zero Marginal Cost Society The Internet of Things the Collaborative Commons and the Eclipse of Capitalism

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[Read.8JoR] The Zero Marginal Cost Society The Internet of Things the Collaborative Commons and the Eclipse of Capitalism

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In The Zero Marginal Cost Society, New York Times bestselling author Jeremy Rifkin describes how the emerging Internet of Things is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative Commons and the eclipse of capitalism.Rifkin uncovers a paradox at the heart of capitalism that has propelled it to greatness but is now taking it to its deaththe inherent entrepreneurial dynamism of competitive markets that drives productivity up and marginal costs down, enabling businesses to reduce the price of their goods and services in order to win over consumers and market share. (Marginal cost is the cost of producing additional units of a good or service, if fixed costs are not counted.) While economists have always welcomed a reduction in marginal cost, they never anticipated the possibility of a technological revolution that might bring marginal costs to near zero, making goods and services priceless, nearly free, and abundant, and no longer subject to market forces.Now, a formidable new technology infrastructurethe Internet of things (IoT)is emerging with the potential of pushing large segments of economic life to near zero marginal cost in the years ahead. Rifkin describes how the Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology platform that connects everything and everyone. Billions of sensors are being attached to natural resources, production lines, the electricity grid, logistics networks, recycling flows, and implanted in homes, offices, stores, vehicles, and even human beings, feeding Big Data into an IoT global neural network. Prosumers can connect to the network and use Big Data, analytics, and algorithms to accelerate efficiency, dramatically increase productivity, and lower the marginal cost of producing and sharing a wide range of products and services to near zero, just like they now do with information goods. The plummeting of marginal costs is spawning a hybrid economypart capitalist market and part Collaborative Commonswith far reaching implications for society, according to Rifkin. Hundreds of millions of people are already transferring parts of their economic lives to the global Collaborative Commons. Prosumers are plugging into the fledgling IoT and making and sharing their own information, entertainment, green energy, and 3D-printed products at near zero marginal cost. They are also sharing cars, homes, clothes and other items via social media sites, rentals, redistribution clubs, and cooperatives at low or near zero marginal cost. Students are enrolling in free massive open online courses (MOOCs) that operate at near zero marginal cost. Social entrepreneurs are even bypassing the banking establishment and using crowdfunding to finance startup businesses as well as creating alternative currencies in the fledgling sharing economy. In this new world, social capital is as important as financial capital, access trumps ownership, sustainability supersedes consumerism, cooperation ousts competition, and "exchange value" in the capitalist marketplace is increasingly replaced by "sharable value" on the Collaborative Commons. Rifkin concludes that capitalism will remain with us, albeit in an increasingly streamlined role, primarily as an aggregator of network services and solutions, allowing it to flourish as a powerful niche player in the coming era. We are, however, says Rifkin, entering a world beyond markets where we are learning how to live together in an increasingly interdependent global Collaborative Commons. Jeremy Rifkin on the Fall of Capitalism and the Internet Economic theorist and author Jeremy Rifkin explains his concept of The Internet of Things Rifkin's latest book is The Zero Marginal Cost Society: The Gene - PanSci Jeremy Rifkin - Wikipedia Jeremy Rifkin (born January 26 1945) is an American economic and social theorist writer public speaker political advisor and activist Rifkin is the author of 20 Jeremy Rifkin Wikipdia Jeremy Rifkin n le 26 janvier 1945 Denver dans le Colorado est un essayiste amricain spcialiste de prospective (conomique et scientifique) The Rise of the Internet of Things and the Race to a Zero T he Internet of Things platform will provide real-time logistical data on pick-up and delivery schedules weather conditions traffic flows and up-to-the-moment Economic Shift: The Rise of the Collaborative Commons Rifkin is a prominent voice on the forefront of what he calls the Third Industrial Revolution the era in which technology is shaping economies to be more energy Silicon Valley Cant Stop Puking Money All Over Soylent Welcome to the clammy embrace of late capitalism This is a world where a young startup bro who hates food can invent a potion based on internet research bottle it Jeremy Rifkin - Office of Jeremy Rifkin Jeremy Rifkin is an American economic and social theorist writer public speaker political advisor and activist Rifkin is the author of 20 bestselling books about The 2016 World Economic Forum Misfires With Its Fourth Jeremy Rifkin Author 'The Zero Marginal Cost Society: The Internet of Things the Collaborative Commons and the Eclipse of Capitalism' Home - Office of Jeremy Rifkin THE ZERO MARGINAL COST SOCIETY On April 1st 2014 Mr Rifkin published his twentieth book The Zero Marginal Cost Society: The Internet of Things The Collaborative
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