Product Description 
How to empower people and communities with user-centric data ownership, transparent and accountable algorithms, and secure digital transaction systems. \nData is now central to the economy, government, and health systems—so why are data and the AI systems that interpret the data in the hands of so few people? 
Building the New Economy calls for us to reinvent the ways that data and artificial intelligence are used in civic and government systems. Arguing that we need to think about data as a new type of capital, the authors show that the use of data trusts and distributed ledgers can empower people and communities with user-centric data ownership, transparent and accountable algorithms, machine learning fairness principles and methodologies, and secure digital transaction systems. \nIt’s well known that social media generate disinformation and that mobile phone tracking apps threaten privacy. But these same technologies may also enable the creation of more agile systems in which power and decision-making are distributed among stakeholders rather than concentrated in a few hands. Offering both big ideas and detailed blueprints, the authors describe such key building blocks as data cooperatives, tokenized funding mechanisms, and tradecoin architecture. They also discuss technical issues, including how to build an ecosystem of trusted data, the implementation of digital currencies, and interoperability, and consider the evolution of computational law systems.\nReview 
“Beating the pandemic is a tough challenge, but also an opportunity to retool for the bigger disruptions of digitization and AI. 
Building the New Economy brings together the best thinking on exactly how to do that, with perfect combination of rigor and relevance.” 
— 
Erik Brynjolfsson, Stanford University\n“These essays together offer depth and a path forward. Required reading for a sane future.” 
— 
Lawrence Lessig, Harvard University\n“Each chapter of 
Building the New Economy tackles an urgent and important societal question, from how to build effective health surveillance without a national healthcare system to how to protect people’s right to control their own data while exploiting its economic value, to how to enjoy the economic benefits of asset-backed securitization while reducing fraud. This boundary-pushing preview of the future we could have is a must-read for policymakers, thought leaders, and all of us wishing to reimagine and build a better society on the other side of the pandemic.” 
— 
Beth Noveck, former Deputy CTO, United States\n“An assembly of some of the brightest minds in engineering and data science, 
Building the New Economy bravely tackles not only what the economy needs of technology in our crisis-riddled age, but also what technology demands of financial ecosystems in order for it to make our lives more efficient, fairer, and safer. An ingenious collection of essays, the book provides a fresh new perspective on some of the most cutting-edge technologies of our time.” 
— 
Chris Brummer, Georgetown University 
 About the Author 
Alex “Sandy” Pentland directs the MIT-wide initiative MITConnection Science. Called one of the “seven most powerful data scientists in the world” by 
Forbes, he has cofounded more than a dozen companies and is the author of 
Honest Signals (MIT Press) and 
Social Physics. Alexander Lipton is Professor and Dean’s Fellow at the Jerusalem Business School at the Hebrew University of Jerusalem, Cofounder and Chief Information Officer at Sila, and Connection Fellow at MIT. Thomas Hardjono is Technology Director of the MIT Connection Science and the MIT Trust::Data Consortium.

Building the New Economy: Data as Capital

Pentland, Alex

Lipton, Alexander

Hardjono, Thomas

Reference

MIT Connection Science & Engineering

As the economy and society move from a world where interactions were physical and based on paper documents, toward a world that is primarily governed by digital data and digital transactions, our existing methods of managing identity and data security are proving inadequate. Large-scale fraud, identity theft and data breaches are becoming common, and a large fraction of the population have only the most limited digital credentials. Even so, our digital infrastructure is recognized as a strategic asset which must be resilient to threat. If we can create an Internet of Trusted Data that provides safe, secure access for everyone, then huge societal benefits can be unlocked, including better health, greater financial inclusion, and a population that is more engaged with and better supported by its government. Some of the world's leading data scientists, led by MIT Professor Alex Pentland, describe a roadmap and platforms to implement this new paradigm.

Trust::Data: A New Framework for Identity and Data sharing

Business & Money

Management & Leadership

CreateSpace Independent Publishing Platform

This reference work looks at modern concepts of computer security. It introduces the basic mathematical background necessary to follow computer security concepts before moving on to modern developments in cryptography. The concepts are presented clearly and illustrated by numerous examples. Subjects covered include: private-key and public-key encryption, hashing, digital signatures, authentication, secret sharing, group-oriented cryptography, and many others. The section on intrusion detection and access control provide examples of security systems implemented as a part of operating system. Database and network security is also discussed. The final chapters introduce modern e- business systems based on digital cash.

Fundamentals of Computer Security

Pieprzyk, Josef

Seberry, Jennifer

Springer

This reference work looks at modern concepts of computer security. It introduces the basic mathematical background necessary to follow computer security concepts before moving on to modern developments in cryptography. The concepts are presented clearly and illustrated by numerous examples. Subjects covered include: private-key and public-key encryption, hashing, digital signatures, authentication, secret sharing, group-oriented cryptography, and many others. The section on intrusion detection and access control provide examples of security systems implemented as a part of operating system. Database and network security is also discussed. The final chapters introduce modern e- business systems based on digital cash.

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