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FuturICT: Exploratory of society: L. E. Cederman, R. Conte, D. Helbing, A. Nowak, F. Schweitzer, A. Vespignani

FuturICT: Exploratory of society: L. E. Cederman, R. Conte, D. Helbing, A. Nowak, F. Schweitzer, A. Vespignani | FuturICT Journal Publications | Scoop.it
From link.springer.com - December 14, 2012 11:25 AM

FuturICT: Exploratory of Society

L. E. Cederman, R. Conte, D. Helbing, A. Nowak, F. Schweitzer, A. Vespignani

Abstract

A huge flow of quantitative social, demographic and behavioral data is becoming available that traces the activities and interactions of individuals, social patterns, transportation infrastructures and travel fluxes. This has caused, together with innovative computational techniques and methods for modeling social actions in hybrid (natural and artificial) societies, a qualitative change in the ways we model socio-technical systems.

 

For the first time, society can be studied in a comprehensive fashion that addresses social and behavioral complexity. In other words we are in the position to envision the development of large data and computational cyber infrastructure defining an exploratory of society that provides quantitative anticipatory, explanatory and scenario analysis capabilities ranging from emerging infectious disease to conflict and crime surges.

 

The goal of the exploratory of society is to provide the basic infrastructure embedding the framework of tools and knowledge needed for the design of forecast/anticipatory/crisis management approaches to socio technical systems, supporting future decision making procedures by accelerating the scientific cycle that goes from data generation to predictions.

FuturICT's insight:

JOURNAL: THE EUROPEAN PHYSICAL JOURNAL SPECIAL TOPICS  Vol. 214 (November II 2012)"Participatory Science and Computing for Our Complex World".

http://epjst.epj.org/index.php?option=com_toc&url=/articles/epjst/abs/2012/14/contents/contents.html

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FuturICT Blog: “Networked Minds” Require A Fundamentally New Kind of Economics

FuturICT Blog: “Networked Minds” Require A Fundamentally New Kind of Economics | FuturICT Journal Publications | Scoop.it
From futurict.blogspot.de - March 19, 12:03 PM
“True capitalists are other-regarding” – “Perhaps we have applied the wrong theory, and our economy should be run by different people” The body of economic literature will have to change, implies a groundbreaking discovery. In their computer simulations of human evolution, scientists at ETH Zurich find the emergence of the “homo socialis” with “other-regarding” preferences. The results explain some intriguing findings in experimental economics and call for a new economic theory of “networked minds”. Economics has a beautiful body of theory. But does it describe real markets? Doubts have come up not only in the wake of the financial crisis, since financial crashes should not occur according to the then established theories. Since ages, economic theory is based on concepts such as efficient markets and the “homo economicus”, i.e. the assumption of competitively optimizing individuals and firms. It was believed that any behavior deviating from this would create disadvantages and, hence, be eliminated by natural selection. But experimental evidence from behavioral economics show that, on average, people behave more fairness-oriented and other-regarding than expected. A new theory by scientists from ETH Zurich now explains why. 
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THE FUTURICT FET FLAGSHIP SUBMISSION to the European Commission

From www.futurict.eu - November 14, 2012 8:05 AM

THE FUTURICT FET FLAGSHIP SUBMISSION SUMMARY DOCUMENT


FUTURICT is one of the 6 flagships which were funded over a duration of 12 months starting from May 2011.

 

These flagship pilots aim to create a design and description of consolidated candidate FET Flagship Initiatives, including assessment of feasibility in scientific, technical and financial terms.

 

On October 23, the FUTURICT Flagship Pilot presented its integrated research agenda, including the involvement and commitment from key stakeholders to the European Commission. 

 

By the end of 2012 to beginning of 2013, at least two of the Pilots are expected to be chosen to be launched as full FET Flagship Initiatives.

 

FUTURICT is a FET Flagship project using collective, participatory research, integrated across the fields of ICT, the social sciences and complexity science, to design socio-inspired technology and develop a science of global, socially interactive systems.

 

The FUTURICT project will bring together, on a global level, Big Data, new modelling techniques and new forms of interaction, leading to a new understanding of society and its co-evolution with technology.

 

This will place Europe at the forefront of a major scientific drive to understand, explore and manage our complex, connected world in a more sustainable and resilient manner.

The unifying goal of the FUTURICT FET flagship is to integrate the fields of information and communication technologies (ICT), social sciences and complexity science, to develop a new kind of participatory science and technology that will help us to understand, explore and manage the complex, global, socially interactive systems that make up our world today, while at the same time paving the way for a new paradigm of ICT systems that will leverage socio-inspired self-organisation, self-regulation, and collective awareness.

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