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The Economy of Algorithms by Marek Kowalkiewicz

The Economy of Algorithms by Marek Kowalkiewicz

Rs. 199.00
Rs. 450.00 Rs. 199.00
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Book Summary

The Economy of Algorithms unpacks the emergence of a new economic era—where self‑acting algorithms (or “digital minions”) are reshaping industries, work, and everyday life. Kowalkiewicz argues that while the corporate age gave way to the digital economy built on people, we now inhabit the algorithmic economy, where automation, AI, and autonomous agents execute tasks, make decisions, and sometimes, even surprise us .

Through engaging stories, case studies, and analogies, the author explores how algorithms optimize shopping, target advertising—even to smart fridges—and manage employment by controlling ride‑share assignments. He delves into unintended consequences, from algorithmic bias and price gouging to surveillance risks and job displacement .

Importantly, the book concludes with nine practical rules—from embracing curiosity and optimism to effective oversight—that help individuals and organizations thrive alongside these digital agents rather than being outpaced by them

About the Author –

Marek Kowalkiewicz (born 1978), a Polish‑Australian professor and Chair of Digital Economy at the Queensland University of Technology, leads research on AI, digital transformation, and machine learning. Before academia, he held leadership roles in Silicon Valley and at SAP’s Machine Learning Lab in Singapore, also serving as a research fellow at Microsoft Research Asia.

Recognized by Thinkers360 as a Top 100 Global Thought Leader in AI in 2023, Kowalkiewicz’s work spans practical innovation and storytelling. His book won the 2024 Australian Business Book Award in the Technology category and earned praise for its accessibility and insight as a down‑to‑earth guide to algorithmic agency and ethical adoption in society and business

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