Super Minds and the New Chicago School Theory

superminds

comparison of each super minds

Type of SMCost of Group Decision MakingBenefits of Group Decision MakingDistribution of Benefits
Hierachy3. MediumHighLow
Democracy5. HighHighMedium
Market2. Medium -/+Medium -High
Community4. MediumMediumMedium
Ecosystem1. LowLowLow

Cost

markets have lower costs when the scale of Decision Making is large. IT increasing the size of groups, likely markets will have advantages. Democracy will also benefit from IT, since it has the highest cost of Group Decision Making.

Benefits

Markets have more benefits only if the sellers and buyers agree for their exchange.

we’ll assume that it is desirable to distribute benefits in ways that provide the “greatest good for the greatest number.”

Malone, Thomas W.. Superminds: The Surprising Power of People and Computers Thinking Together (p. 156). Little, Brown and Company. Kindle Edition.

from informal communities to different types of super minds

When we lived in small hunting-and-gathering bands, we made all our group decisions about food and other things by a kind of informal consensus of the whole community. But our communities are now way too big for that to work anymore; we just don’t agree enough, and coming to a consensus would take forever. We don’t want kings or other rulers to tell us what to do, either, because that doesn’t give us enough of what we want. So we’ll use democratic voting to help us decide what to do as a whole group. But we don’t have enough time to vote on all the detailed decisions about the specific jobs that people in our group will do and how much they will get of the food, clothing, and other resources our group has. So we’ll let markets take care of most of those decisions for us. However, markets need some way of resolving disputes between buyers and sellers, and they can’t do everything we want (like sometimes taking money from those who have a lot and giving it to those who have very little). Unfortunately, supervising markets in all these ways still requires far more detailed decisions than we have time to vote on individually, so we can’t use democracies for that, either. Instead we’ll let hierarchical governments supervise markets on behalf of the whole community. But we’ll supervise the governments in two ways. First, we’ll elect the leaders of the governmental hierarchies. And second, we’ll elect our representatives to vote on high-level policies (called laws) that codify what we want done. In that way, we as a community will be able to use the other types of superminds to get—more or less—what we want without having to worry about all the details ourselves.

Malone, Thomas W.. Superminds: The Surprising Power of People and Computers Thinking Together (pp. 163-164). Little, Brown and Company. Kindle Edition.

New Chicago School Theory (Pathetic dot theory)

A socialeconomic theory of regulation four forces that regulate lives of individuals.

  1. Market
  2. Law
  3. Architecture
  4. Norms

Combining Superminds and the New Chicago School Theory

could we map the four superminds to the four forces of regulation?

Superminds / New Chicago SchoolMarketsLawNormsArchitecture
Market1000
Hierachy0100
Community0010
Democracy0001
Ecosystem0001

what is democracy?? Is is a Norm or Architecture?

Ecosystems always exist out side of an super mind Superminds ⊇ {Market, Hierarchy, Democracy, Ecosystem, Community}

so, we can say it is an architecture that restricts other superminds

we can say Democracy is also an architecture. yet it shares the characterisics of a norm, where it is agreed

democracy and Lessig (one who formulated the theory)

Internet and David Clark

  • “Market driven process – the future is commercial”
  • “We reject: kings, presidents and voting \n we believe in: rough consensus and running code.”