Currently, several companies are competing to become “the leading” mobile online payment solution (pay-by-phone). This race includes industry giants like Apple, Google, PayPal, Venmo, and eBay. These companies try very hard to quickly grow their user base because they hope to benefit from one important digital trait that will convert them from “one app” into “the app”:

The statement “artificial intelligence improves processes” is an example of:

What is the most famous concept of the “prophet of innovation”, Joseph Schumpeter?

One of the problems with computer simulations is that one cannot reuse computer code as a modular building block in a different setting, which means that one has to program everything anew every time again. 

The well-known “theory of justice” from the moral and political philosopher John Rawls says that justice would be realized if a society would carry out the following procedure:

Which statement is correct for network reference models, which describe how digital communications networks work, like the “OSI reference model” or the “TCP/IP protocol stack”:

The “Differential Susceptibility Model” proposes that it is enough to know the developmental psyche of the user to predict the (positive and negative) effects of media on the user.

Innovation theory is the basic framework underlying the class. We have reviewed the long progression of long waves of technological progress, including the stone age and age of steam. Overall, we have distinguished three even higher-level longer waves of socio-technological progress, which focused on transforming:

 During lecture we have seen a case study from the ancient civilizations of the Khmer Empire in Cambodia and the Incas in South America. What was the key take away message?

What are the two most common consensus algorithms used to determine who puts the next block on the blockchain?