{
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 "@type": "DefinedTerm",
 "@id": "https://wulfkaal.github.io/entities/emerging-technology",
 "identifier": "kaal:entity:emerging-technology",
 "name": "Emerging technology",
 "termCode": "emerging-technology",
 "inDefinedTermSet": {
  "@id": "https://wulfkaal.github.io/entities/index.json"
 },
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0000-0003-0757-275X"
 },
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   "value": "derived"
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   "value": 4
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  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/2834531-011",
   "identifier": "kaal:claim:2834531-011",
   "text": "Establishing the facts about a new technology is often impossible in practice because there is no adequate sample or other reliable data on the effects of that technology yet.",
   "abstract": "The task of establishing facts about new technology may be made difficult by the lack of an adequate sample or other reliable data on the effects of new technology.",
   "citation": "Mark Fenwick, Wulf A. Kaal, Erik P. M. Vermeulen, Regulation Tomorrow What Happens When Technology Is Faster Than the Law (2017). SSRN: https://ssrn.com/abstract=2834531",
   "datePublished": "2017",
   "claim_type": "failure",
   "confidence": "argued",
   "is_failure_mode": true,
   "scope_conditions": [
    "early stage or emerging technologies"
   ],
   "source_pdf_sha256": "9cd875ebdb0266febbdcdabfca5b9b9f0de1b7ad9e3d5a8a5971bdbe469323b7",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3405401-001",
   "identifier": "kaal:claim:3405401-001",
   "text": "Decentralized commerce is the global exchange of financial instruments, goods and services conducted through decentralized and emerging technologies, a stipulated definition the paper relies on throughout.",
   "abstract": "Decentralized commerce may generically be defined as the global exchange of financial instruments, goods and services via decentralized and emerging technologies.",
   "citation": "Wulf A. Kaal, Decentralized Commerce – A Primer on Why Decentralized Reputation Verification Systems Are Needed (2019). SSRN: https://ssrn.com/abstract=3405401",
   "datePublished": "2019",
   "claim_type": "definitional",
   "confidence": "asserted",
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   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3409548-001",
   "identifier": "kaal:claim:3409548-001",
   "text": "Hedge fund managers adopt emerging technology because it converts into a fee premium: technology driven outperformance makes them more competitive than other funds and financial institutions, which in turn lets them charge higher fees.",
   "abstract": "Being more competitive through technology and creating higher returns for their clients, in turn, allows them to charge higher fees than traditional financial institutions.",
   "citation": "Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548",
   "datePublished": "2019",
   "claim_type": "mechanism",
   "confidence": "argued",
   "is_failure_mode": false,
   "scope_conditions": [
    "private investment fund managers competing on performance"
   ],
   "source_pdf_sha256": "74227ab2656b06bfe4a29c942fc2ba26df9f476917e0a9f85ec038b8c3402c40",
   "status": "current"
  },
  {
   "@type": "Claim",
   "@id": "https://wulfkaal.github.io/claims/3409548-002",
   "identifier": "kaal:claim:3409548-002",
   "text": "The traditional 2 and 20 fee model has become increasingly difficult to justify, and embracing modern financial products is what allows managers to produce returns that still support that model.",
   "abstract": "In recent years, it became increasingly more difficult to justify the 2 and 20 fee model.4 Embracing modern financial products allows them to produce returns that can still justify that fee model.",
   "citation": "Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548",
   "datePublished": "2019",
   "claim_type": "condition",
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    "recent years of compressed hedge fund returns"
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 ],
 "description": "4 claims in the published works of Wulf A. Kaal carry the concept tag 'emerging-technology'. Derived node: a roster, not an adjudicated definition."
}