A Digital World to Thrive In: How the Internet of Things Can Make the "Invisible Hand" Work

Abstract

Managing data-rich societies wisely and reaching sustainable development are among the greatest challenges of the 21st century. We are faced with existential threats and huge opportunities. If we don't act now, large parts of our society will not be able to economically benefit from the digital revolution. This could lead to mass unemployment and social unrest. It is time to create the right framework for the digital society to come.