# kaal:claim:3808859-015

**Claim.** The networked information economy, built on peer-to-peer exchange of information, may be replacing the centralized industrial information economy of the late nineteenth century, because cheaper access to information enables a much greater role for decentralized individual action.

**Type.** predictive  **Support.** argued

**Source quote.**

> Based on the proliferating peer-to-peer exchange of information, the networked information economy may be replacing the centralized industrial information economy of the late-nineteenth century.

**From.** Wulf A. Kaal, *Decentralization – Why We Need Technology Infrastructure Upgrades* (2021), III.4 Networked Information Economy, page 25

**Cite as.** Wulf A. Kaal, Decentralization – Why We Need Technology Infrastructure Upgrades (2021). SSRN: https://ssrn.com/abstract=3808859

**Verify.** sha256 of source PDF `304ad25d43b5ecea3158e3a2ca04e6e1e3bd2958e2134e2dcefbfedf3b6f3ab7` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202021%20-%20Decentralization%20%E2%80%93%20Why%20We%20Need%20Technology%20Infrastructure%20Upgrades.pdf

**Topics.** economics, decentralization

**Keywords.** networked-information-economy, peer-to-peer, decentralization, communication-costs

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