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Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets

Book by Juan Pablo Pardo-Guerra · 1 quotes · Automation, Bricolage, Contingency

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Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets Quotes

“Like most visionary utopias, though. IDN (Integrated Data Network) was never to be. Perhaps it was simply too ambitious a project: infrastructures seldom respond to a single vision or a master plan, as Paul Edwards (2010) writes, and conjuring up a platform that would serve the entire marketplace was an almost Quixotic task. Infrastructures emerge not through planning and calculated foresight, but through the meandering paths of history, in the mangle of making, tinkering, and wrestling with the obduracy of organizations, practices, and their installed base. The system eventually introduced for Big Bang reflected this fragility and contingency of infrastructures: it was the creative result of reshaping legacy devices into a system that did the job for the time being. A band-aid. A product of creative, recombinant bricolage.”

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Book:Automating Finance: Infrastructures, Engineers, and the Making of Electronic Markets
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