CMN170V Equilibrium Midterm (sessions 1&2) UPDATED
ACTUAL Questions and CORRECT Answers
the digital Paradigm this world is dominated by what
navigate the currently dominating technological understanding the nature of technological revolutions (and traditional technology
Paradigm (digital technology) and the fundamentals of innovation theory, technological progress, and societal
change) can help us...
1st age: stone age chart of progress:
2nd age: bronze age First Transformation Period (from 2,000,000 BC - 1200 BC)
3rd age: iron age
What are the 3 ages/stages?
transforming MATTER What are we transforming? (transforming _______ )
1st stage: water chart of progress:
2nd stage: steam Second Transformation Period (from 1780-1973)
3rd stage: electricity
4th stage: combustion What are the 4 ages/stages?
What are we transforming? (transforming _______ )
transforming ENERGY
1st phase: communication & data chart of progress:
2nd phase: knowledge & algorithms Third Transformation Period (from 1973-->)
transforming INFORMATION What are the 2 stages/phases?
What are we transforming? (transforming _______ )
2,000,000bc - 3300 bc stone age time period
3300 bc - 1200 bc bronze age time period
1200 bc iron age time period
1780-1848 water stage time period
1848-1895 steam stage time period
1895-1940 electricity stage time period
1940-1973 combustion stage time period
1973-2008 communication & data phase time period
2008 --> knowledge & algorithms phase time period
, digital twin a digital representation of an intended or actual real world physical product,
system, or process (a physical twin) that serves as the effectively indistinguishable
digital counterpart of it for practical purposes, such as simulation, integration,
testing, monitoring, and maintenance
-a little digital copy of the customer where it knows your behavioral patters, your
desires, etc
information and knowledge what is the main asset of companies like Uber, Spotify, and Netflix that owns and
collects information without actually owning the merchandise? (What do they
have that provides the greatest value in their business model?)
Information --> Digitalization (digitizing information and Information --> ____________ --> ______________
data and communicate it upwards) --> Algorithmification
(the knowledge that we produced up there that we then
communication down to the physical world)
good, bad, neutral technology itself is not inherently ______ or ______, nor is it __________
true True or False
technology doesn't have a predetermined outcome. Technology/the internet is
just a tool (like a hammer)
social construction of technology outcome of technology is constructed by humans---not inherently good or bad
- the internet CAN be used for...
technological determinism technology determines the outcome
-technology (inevitably) determines outcome---doesn't matter if good or bad
social construction of technology This is an example of what?: the internet can be used by humans as a tool to
foster digital surveillance and dictatorship
technological determinism This is an example of what?: the internet leads to digital surveillance and
dictatorship
information communication technology ICT stands for
Claude Shannon who single-handedly invented the digital age and single-handedly
conceptualized the bit (unit of information)
- he also said that information is the opposite of uncertainty (information =
probabilistic information)
bit unit of information
& the key to the digital age
ACTUAL Questions and CORRECT Answers
the digital Paradigm this world is dominated by what
navigate the currently dominating technological understanding the nature of technological revolutions (and traditional technology
Paradigm (digital technology) and the fundamentals of innovation theory, technological progress, and societal
change) can help us...
1st age: stone age chart of progress:
2nd age: bronze age First Transformation Period (from 2,000,000 BC - 1200 BC)
3rd age: iron age
What are the 3 ages/stages?
transforming MATTER What are we transforming? (transforming _______ )
1st stage: water chart of progress:
2nd stage: steam Second Transformation Period (from 1780-1973)
3rd stage: electricity
4th stage: combustion What are the 4 ages/stages?
What are we transforming? (transforming _______ )
transforming ENERGY
1st phase: communication & data chart of progress:
2nd phase: knowledge & algorithms Third Transformation Period (from 1973-->)
transforming INFORMATION What are the 2 stages/phases?
What are we transforming? (transforming _______ )
2,000,000bc - 3300 bc stone age time period
3300 bc - 1200 bc bronze age time period
1200 bc iron age time period
1780-1848 water stage time period
1848-1895 steam stage time period
1895-1940 electricity stage time period
1940-1973 combustion stage time period
1973-2008 communication & data phase time period
2008 --> knowledge & algorithms phase time period
, digital twin a digital representation of an intended or actual real world physical product,
system, or process (a physical twin) that serves as the effectively indistinguishable
digital counterpart of it for practical purposes, such as simulation, integration,
testing, monitoring, and maintenance
-a little digital copy of the customer where it knows your behavioral patters, your
desires, etc
information and knowledge what is the main asset of companies like Uber, Spotify, and Netflix that owns and
collects information without actually owning the merchandise? (What do they
have that provides the greatest value in their business model?)
Information --> Digitalization (digitizing information and Information --> ____________ --> ______________
data and communicate it upwards) --> Algorithmification
(the knowledge that we produced up there that we then
communication down to the physical world)
good, bad, neutral technology itself is not inherently ______ or ______, nor is it __________
true True or False
technology doesn't have a predetermined outcome. Technology/the internet is
just a tool (like a hammer)
social construction of technology outcome of technology is constructed by humans---not inherently good or bad
- the internet CAN be used for...
technological determinism technology determines the outcome
-technology (inevitably) determines outcome---doesn't matter if good or bad
social construction of technology This is an example of what?: the internet can be used by humans as a tool to
foster digital surveillance and dictatorship
technological determinism This is an example of what?: the internet leads to digital surveillance and
dictatorship
information communication technology ICT stands for
Claude Shannon who single-handedly invented the digital age and single-handedly
conceptualized the bit (unit of information)
- he also said that information is the opposite of uncertainty (information =
probabilistic information)
bit unit of information
& the key to the digital age
