Reverse Gutenberg Galaxy: Digital Transformation of Economy and Labor

Kenji Saito*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution


Concepts such as blockchain, smart contracts, DeFi, NFT, DAO, Web3, and metaverse have risen in trend and are said to be revolutionary changes, especially in the field of finance. However, these just extend the modern monetary economy and would only radicalize it, but may not solve the problems the current economy faces such as widening economic gaps. This paper proposes to view general digital transformation (DX) as a paradigm shift from the intellectual framework of fixed points of view and massive homogeneous replications that has dominated our society especially since the invention of movable type, to perspectives of each and individual constructions through digital technology. This approach can explain not only the changes caused by financial technology, but also the changes represented as DX in general, foresee the demise of industrial society in the near future, and describe what the next society will look like. Toward the second half of the 21st century, social structures based on specialization and division of labor will decline, and money will end its role as a tool to drive manpower. In the process, the role of finance will change significantly, if not disappear completely.

Original languageEnglish
Title of host publicationProceedings of the Future Technologies Conference, FTC 2022, Volume 2
EditorsKohei Arai
PublisherSpringer Science and Business Media Deutschland GmbH
Number of pages20
ISBN (Print)9783031184574
Publication statusPublished - 2023
Event7th Future Technologies Conference, FTC 2022 - Vancouver, Canada
Duration: 2022 Oct 202022 Oct 21

Publication series

NameLecture Notes in Networks and Systems
Volume560 LNNS
ISSN (Print)2367-3370
ISSN (Electronic)2367-3389


Conference7th Future Technologies Conference, FTC 2022


  • Automation
  • Decentralization
  • Digital transformation
  • Economy
  • Labor

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Signal Processing
  • Computer Networks and Communications


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