FuturICT 2.0 - Large scale experiments and simulations for the second generation of FuturICT

FuturICT 2.0 is a European project funded under the FLAG-ERA Joint Transnational Call (JTC) 2016. Its aims is promoting disruptive innovation to move towards a more resilient and adaptive society. Inspired by the FuturICT Pilot, the project is coordinated by Mario Paolucci of the Laboratory of Agent-Based Social Simulation.

From financial crises to climate change, from crime and conflict to resource management: the world is currently facing grand social challenges that need to be addressed with new approaches and tools. FuturICT 2.0 aims to create an incentive system to take on some of the major challenges faced by modern society.

To this aim, the project will launch a new, ICT-based way of doing research in the social sciences. It will integrate (online) experiments and computer simulations, to identify new technologies and provide the basis for large-scale simulations in different domains of the social sciences. Thi will advance the current understanding of the behavior of large communities of people, especially of groups of people having different cultures, values, norms coming in contact with each other.

The overall incentive model that FuturICT 2.0 is proposing is called Finance 4.0: a circular and sharing economy that would allow a high quality of life for more people with less resources. The project will explore the potentialities of this innovative economic model, from pricing and trading to multi-currencies, from taxation options to new opportunities for central banks’ financial system.

Project website

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