Adjusting to the digital: societal outcomes and consequences

Robin Mansell

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: Innovation in digital technologies is central to contemporary debates about the need for policy and regulatory adjustment in response to the consequences of the centrality of these technologies in contemporary societies. Christopher Freeman's research in relation to changes in techno-economic paradigm and, specifically, in relation to the information and communication technology (ICT) paradigm, cautioned that assessments of these changes needed to go beyond market dynamics to examine social, cultural and political issues. In this paper several predominant themes in his work are foregrounded – the ambiguity of changes within the ICT paradigm; the role of guiding principles in influencing expectations about societal outcomes; and the importance of political factors in shaping the consequences of technological innovation. These three themes are then deployed in a discussion of recent innovations – two technical (5G mobile networks and artificial intelligence-as-a-service) and one institutional (proposals for changes in the international taxation regime in response to claims that the existing regime is inappropriate in the face of global online service provision). In each instance, the aim is to illustrate how following Freeman by giving attention to the themes operates as an important guide to analysis of adjustments to novel deployments of digital technology. The conclusion emphasizes the value of Freeman's contributions to shaping research agendas that acknowledge the need to humanize technology, to consider alternatives to taken-for-granted principles and practices, and to take into account the role of political power in tandem with concentrated economic power.

Keywords: ICT paradigm; innovation; datafication; 5G network; artificial intelligence; taxation; Elsevier Covid Relief Fund (search for similar items in EconPapers)
JEL-codes: H00 P16 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2021-11-01
New Economics Papers: this item is included in nep-ict and nep-isf
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Published in Research Policy, 1, November, 2021, 50(9). ISSN: 0048-7333

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