The bit-economy: An artificial model of open-ended technology discovery

Simon Angus, Andrew Newnham

Research output: Contribution to journalArticleResearchpeer-review

Abstract

We describe and demonstrate an artificial model of technology discovery called the Bit-Economy. The model is built from a minimal set of fundamental hallmarks of technology and develops under an open-ended evolutionary operator which rewards new technology which is able to coordinate both spatially and temporally with the existing technology set. The Bit-Economy, is able to replicate several features of real technology development including nonmonotonic growth, bunching of creation and destruction events, qualitative topologies of patent networks, and efficiency and waste-management gains. In contrast to related works, we do not apply an exogenous fitness landscape and so are able to study the process of technology discovery as a self-guided search toward more complex outcomes.
Original languageEnglish
Pages (from-to)57 - 67
Number of pages11
JournalComplexity
Volume18
Issue number5
DOIs
Publication statusPublished - 2013

Cite this

Angus, Simon ; Newnham, Andrew. / The bit-economy: An artificial model of open-ended technology discovery. In: Complexity. 2013 ; Vol. 18, No. 5. pp. 57 - 67.
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The bit-economy: An artificial model of open-ended technology discovery. / Angus, Simon; Newnham, Andrew.

In: Complexity, Vol. 18, No. 5, 2013, p. 57 - 67.

Research output: Contribution to journalArticleResearchpeer-review

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