Pillar	Original Concept	Digital Variant	Implications for IB
Production	The power to create wealth and shift the distribution of social and political influence.	Who possesses or controls data, creates wealth. Data are regarded as invaluable inputs for production.	Policymakers are challenged to welcome new forms of work, while practitioners are pushed towards more aligned or integrated strategies with governments and other firms.
Security	The power to secure the existence and limit the choices of others.	Security now includes the virtual realm. Privacy and data security are two of the main risks today.	Policymakers are challenged to produce integrative and robust regulations, while practitioners forge new ways to cope with heterogeneous institutional environments.
Knowledge	The power to disseminate (or restrict) information and communication.	Who possesses data, possesses knowledge, and controls the diffusion of information.	Policymakers are challenged to manage globally diffused knowledge, that often resides with nonstate actors (firms). Practitioners must rethink knowledge management structures.
Finance	The authority to create credit that influences purchasing power.	Digital technologies, cryptocurrencies, and digital tokens imply that credit creation is no longer the sole preserve of the state and the banking system.	Policymakers face the challenge of regulating and rethinking their role in credit creation, while practitioners seek new sources of cheap and less regulated credit (like cryptocurrencies).