Tag: institutions
All the articles with the tag "institutions".
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Agentic Labour: When Work Becomes Executable
Published: at 06:30 PMSoftware first reduced coordination costs. Now autonomous agents begin to execute parts of labor itself. This changes the structure of work without eliminating it.
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The Platform as Proto-Firm
Published: at 08:15 PMPlatforms are not the disappearance of the corporation. They are a reconfiguration of how coordination occurs within a corporate shell.
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The Boundary of the Firm in a Digital Age
Published: at 06:30 PMIf firms exist because coordination is costly, what happens when coordination becomes cheaper again? The boundary of the firm is not fixed.
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The Innovator's Dilemma
Published: at 08:15 PMWhen coordination costs shift, firm boundaries should adjust. But mature corporations are optimised for a cost structure that no longer holds — and their own incentives prevent adaptation.