Computational knowledge economy

The computational knowledge economy is an economy 'where value is derived from the automated generation of knowledge.

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The term was coined by Conrad Wolfram[1] to describe the extension to the knowledge economy caused by ubiquitous access to automated computation. Wolfram argues "The value- chain of knowledge is shifting. The question is not whether you have knowledge but know how to compute new knowledge from it, almost always applying computing power to help."[2]

Impact on education

It has been argued[3] that the skills needed by the computational knowledge economy are radically different, needing an emphasis on coding, math and computational thinking.[4] In his book Education in the Creative Economy ISBN 978-1433107443 Daniel Araya has argued that "as this "computational knowledge economy expands and matures, it is facilitating deep structural changes in the U.S. labor force"[5]

Projects such as Computer-Based Math are attempting to rethink school curricula to prepare for the computational knowledge economy [6]

See also

References
  1. Conrad Wolfram. "Driving towards the Computational Knowledge Economy" (PDF). Wolfram.com. Archived from the original (PDF) on 2016-10-27. Retrieved 2016-12-21.
  2. Conrad Wolfram. "Thinking Forward". Ldm.sagepub.com. Retrieved 2016-12-21.
  3. Jacobs, Frank. "Reinventing Math for the Computational Knowledge Economy". Big Think. Retrieved 2016-12-21.
  4. "Thinking Forward: Conrad Wolfram on the Computational Knowledge Economy". HASTAC. Retrieved 2016-12-21.
  5. Daniel Araya (2016-01-11). "Education and underemployment in the age of machine intelligence | Brookings Institution". Brookings.edu. Retrieved 2016-12-21.
  6. "Fundamentally Reforming Maths Curriculum with Computer-Based Maths". Computerbasedmath.org. Retrieved 2016-12-21.
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