Abstract
Information technology is in the midst of a revolution, where ubiquitous data collection and machine learning are impacting the human world as never before. The term "intelligence" is used as a North Star for the development of this technology, with human cognition seen as a foundation. This vision overlooks the fact that humans are social animals and that a large part of our intelligence is social and cultural in origin. What's more, the current vision overlooks the social consequences of technology. The way forward lies not simply in more data and computation, nor in greater attention to cognitive or symbolic representations, but in a deeper fusion of economic and social concepts, such as markets, incentives, information design, trade, prices, contracts and externalities, with computational and inferential concepts, including uncertainty management at both individual and system levels, in the service of systemic designs where social well-being is an integral part of the design process.
