In today’s society, the Internet, big data and artificial intelligence are being integrated and the mechanisms of resource allocations are also evolving, mainly because of the changes in background factors, means, and processes that influence resource allocation. To analyze and study this evolution, we need to combine resource allocation, industrial organization, and industrial regulation theories to determine the driving and restricting factors new technologies bring to business-to-business and business-to-consumer interactions and how the combination of internet, big data and AI will impact productivity and pricing. We must also analyze the differences between today’s supply-demand and pricing processes and those of the industrial age to discover whether there are special resource allocation mechanisms in this era and how to summarize them theoretically. This paper reviews the evolved resource allocation mechanisms at the present stage of the integration of the Internet, big data and AI based on resource allocation theories from classical Marxian, neoclassical, and modern western economics.
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