# Algorithms

`kaal:entity:algorithms`

**Status.** derived

This node is assembled mechanically from the 4 claims that carry the concept tag `algorithms`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

4 claims across 2 works, 2017 to 2021.

**2017**

- [2922176-001](https://wulfkaal.github.io/claims/2922176-001) [mechanism/argued] -- The extent to which a company uses data and algorithms will separate the winning companies of the future from the rest, because algorithmically driven firms gather consumer behavior data and instantaneously feed it back into an improved consumer experience.
  > The use of data and algorithms will distinguish the successful companies of the future. Algorithmically-driven companies use new and emerging technologies to gather data from their consumers about their behavior and then instantaneously utilize this information to improve the consumer experience.
  Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
- [2922176-002](https://wulfkaal.github.io/claims/2922176-002) [mechanism/asserted] -- Algorithms substitute for human middlemen inside firms, and this substitution is what produces flatter, unmediated organizations in which the best idea, rather than hierarchical position, prevails.
  > Indeed, algorithms replace middlemen, leading to flatter, unmediated organizations in which a best-idea-wins culture prevails.
  Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176
- [2922176-003](https://wulfkaal.github.io/claims/2922176-003) [mechanism/argued] -- Platform disruptors such as Uber and Airbnb did not decentralize their industries by eliminating intermediaries; they decentralized by replacing incumbent intermediaries with algorithmic ones.
  > industries respectively not by eliminating intermediaries but by replacing them.
  Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, The ‘Unmediated’ and ‘Tech-Driven’ Corporate Governance of Today's Winning Companies (2017). SSRN: https://ssrn.com/abstract=2922176

**2021**

- [3782198-001](https://wulfkaal.github.io/claims/3782198-001) [mechanism/argued] -- Social media platform owners do not know and cannot choose which content will matter; the answers are held in the behavior of the network of users, and the companies merely monitor network transactions and analyze them statistically with automated algorithms.
  > The network of users has the answers in their members' behavior. The social media companies simply monitor the networks' transactions and statistically analyze the information with automated algorithms.
  Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/algorithms.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.