A critical examination of the sociocultural implications of the intangible economy

This study adopts a multidisciplinary approach and critically examines the sociocultural implications of the intangible economy. The paper suggests that the expansion of the intangible economy has significant sociocultural implications, which can be categorized into four broad themes: (1) global inequality and the consolidation of power, (2) the rise of global finance, (3) dematerialization and confluence, and (4) the manipulation of the human mind, reality, truth, and self. The study suggests that intangible assets create opportunities and risks through their interaction with legal, organizational, and political institutions. The paper offers an interdisciplinary framework, clarifies the mutual dependence of tangible and intangible economies, outlines governance responsibilities, and proposes directions for future research.