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Viktor Mayer-Schoenberger is the co-author (with Kenneth Cukier) of Big Data: A Revolution That Will Transform How We Live, Work, and Think. Published in 2013, the book has been translated into 20 languages and has sold more than 1 million copies worldwide. Thomas Ramge is a business writer, a contributing editor at The Economist and the author of ten books on big data and digitization.
"Viktor Mayer-Schönberger and Thomas Ramge argue that big data will transform our economies on a fundamental level...Thought-provoking."―Science
"A thoughtful volume about the digital and data-driven future...Emphasizes the human choices and market and societal opportunities that data will enable."―Forbes
"If this overall analysis is right, then we are going to have to start thinking more about such radical ideas. Data capitalism can deliver phenomenal services, as Amazon has shown. But it may also undermine some of the foundations on which our societies have been built."―Financial Times
"Smoothly written and provocative, Reinventing Capitalism in the Age of Big Data is one of those rare pop future books that takes fundamental economics seriously... Viktor Mayer-Schönberger and Thomas Ramge argue that the data's rise means money's decline, that meaningful economic growth overwhelmingly depends on data innovation, and that regulating market competition requires rethinking data access."―F&D
"A welcoming and comprehensible narrative featuring interesting profiles of key personalities driving the Big Data revolution...The future marketplace of goods, services, and ideas will benefit from a wide readership of this instructive study."―Booklist
"An unnerving yet plausible portrait of a future in which 'finance capitalism will be as old-fashioned as Flower Power.'"―Kirkus
"Anyone interested in the future of business should read this fascinating book as soon as possible. By now it is conventional wisdom--thanks in no small part to Mayer-Schönberger's previous book--that big data will transform the way firms operate. Reinventing Capitalism in the Age of Big Data makes a compelling case that it will change the nature of the market itself. With brilliant insights, it explains how the shift from simple price signaling to data-rich preference matching will determine the winners and losers of the 21st century economy, and thoughtfully outlines steps to curb the excesses of this new environment."―Kevin Werbach, The Wharton School, University of Pennsylvania
"Reinventing Capitalism is a stunning and extremely provocative sketch of a world where data flows replace money flows and where data becomes a new kind of currency and provokes a new kind of capitalism. I highly recommend this astounding book that will help us all reimagine what capitalism could become in our new, data centric, AI based world."―John Seely Brown, Former Chief Scientist, Xerox Corp; Former Director, Xerox Palo Alto Research Center (PARC); and Co-author of Design Unbound
"In the past 20 years, the big platform players of the digital economy have reaped huge profits. This book explains how we can turn data-richness into a win for everyone in society. A must-read for all who believe in competition and fair distribution of wealth."―Don Tapscott, author of The Digital Economy, Wikinomics, and Blockchain-Revolution
"That data are a valuable resource is widely recognized. But ideas on how best to organize a data economy are far and few between. This book offers plenty of food for thought."―Ludwig Siegele, Technology Editor of The Economist
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