Niall Ferguson's book, "The Square and the Tower: Networks and Power, from the Freemasons to Facebook," explores the significant shift from traditional hierarchical power structures to more decentralized networks. Technology has greatly enhanced the ability of these networks to operate and influence society, enabling diverse connections that challenge conventional authorities.

However, Ferguson emphasizes that the outcome of this transformation is not predetermined. The effectiveness and impact of these networks will rely on their underlying structures, the emergent properties they develop, and the interactions among their members. The dynamics within these networks ultimately shape their power and influence in today's world.