# kaal:claim:3227933-002

**Claim.** Earlier technological revolutions produced greater organizational centralization, because societies responded to the uncertain meaning, effects, and risks of new technology by pooling authority; the current digital transformation reverses this pattern.

**Type.** mechanism  **Support.** argued

**Holds when.**

- applies to periods of technological uncertainty

**Source quote.**

> Previous technological revolutions led to a concentration of such organizations, as society adapted to the uncertain meaning, effects, and risks of technological change by pooling (i.e., centralizing) authority.

**From.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, *Why 'Blockchain' Will Disrupt Corporate Organizations* (2018), 1. Introduction, page 5

**Cite as.** Mark Fenwick, Wulf A. Kaal, Erik P.M. Vermeulen, Why 'Blockchain' Will Disrupt Corporate Organizations (2018). SSRN: https://ssrn.com/abstract=3227933

**Verify.** sha256 of source PDF `a9e9660c4dc25a2202f1da4e762f5885256e05f68c53ca51942f5833a7a4c108` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Fenwick%20et%20al.%20-%202018%20-%20Why%20%27Blockchain%27%20Will%20Disrupt%20Corporate%20Organizations.pdf

**Topics.** decentralization, institutional-design

**Keywords.** technological-change, centralization, authority, organizational-history

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