Augmented Reality as coordinative tech
How will desire for & application of Augmented Reality use sensor data culled from the Internet of Things?
With greater self-organized actuation… what are implications for the system as a whole?
The Augmented Commons: How Augmented Reality Aids Agile Self-Organization
Author: Abigail Devereaux, George Mason University
AR technology utilizes the Internet of Things (IoT) to enable smart devices to capture and identify “scenes” as a user moves through her world, generate contextually relevant holograms, sound, and other sensory inputs, then project those virtual elements through the user’s display. AR technology is coordinative in that it assists in economic calculation, aids in tracking usage, and helps agents overcome some kinds of information asymmetries.
Technological development that aids coordination among agents will aid agile self-organization.
Like in Klein and Foldvary, the rise of AR technologies will erode some policy rationales for public goods provision and lower the transaction costs of developing self-organized solutions to public goods problems. The erosion of rationales for intervention will occur in spite of how deeply a good is entrenched in public provision, as we have seen from the success of ride-sharing apps in spite of an historically entrenched and powerful taxi lobby.