What is the meaning of digitalization? By digitalization we mean the influence of computers on our economy and society. We explain this phenomenon by considering the similarities and differences of mechanics, computer science, and economic and social theories. The hope is to understand what we can expect from digitalization and how we can shape this process.
We have implemented a money theory that is derived from Adam Smith's example of labor sharing in nail production.The photo shows the code of the money theory being dedicated to Adam Smith's statue in Edinburgh.
OiCOS is participating as one of the three emerging start ups (Categorical Informatics and Statebox being the other two) in the workshop of the new emerging and exciting interdisciplinary field of applied category theory. The mathematics of category theory is more and more identified as being perfectly tailored towards applications in complex systems like economies and its sciences of economics, game theory and econometrics. We are very happy that our research and now business is part of this newly developed scienti...
OiCOS is the result of a search for a mathematical approach to the complications of optimal currency areas. It is since about 2008 accompanied by studies in category theory. Recently theoretical and applied researchers from universities and industry met at NIST near Washington to bridge the gap from theory to practise for complex systems by category theory. OiCOS was one of three startup companies Computational Informatics and Statebox.
OiCOS had the pleasure to take part at the FireCamp start up workshop. We have been challenging our business model with many experienced mentors, we have met other startups and talked to many interesting business people from various industries and companies. This camp was a great experience to us at OiCOS.
Statebox and OICOS had an interesting summit at Zlarin, Croatia. Christian Williams has now published an article about Statebox and the summit on his PhD advisor's, John Baez, blog. John is working with category theory towards the quantum gravitational theory of everything but also network theory and open systems among many many other amazingly interesting topics. Here is John's blog.
Graham Joncas posted a nice summary of what he calls avant-garde philosophy of economics. He lists the work of some researchers who are working outside of standard economics. Among these researchers he has also mentioned my work which is underlying the philosophy of OICOS.