The ongoing and seemingly unstoppable digital transformation brings forth new options
opportunities but also challenges to individuals organizations companies and societies alike.
Governments are alarmed realizing the potential consequences on the workforce while also
being apparently helpless against uncontrollable and powerful digital players such as Google or
Facebook. As Henry Wittke shows recent breakthroughs in the field of machine learning increase
the potential of Artificial Intelligence to disrupt the world's largest industries. Wittke
attempts to provide a basic framework of what constitutes AI as well as to assess its impact on
the Information Economy. What happens in case of rising mass unemployment or social inequality?
What will be the effect on labor as a value system for today's societies? Could the entire
notion of capitalism be questioned in the wake of AI? The book aims to draw conclusions and
give recommendations to policymakers.
