Naslov
Work Now, Profit Later: AI Between Capital, Labour and Regulation

Autori
Prug, T. ; Bilić, P.

Vrsta, podvrsta i kategorija rada
Poglavlja u knjigama, znanstveni

Knjiga
Augmented Exploitation: Artificial Intelligence, Automation, and Work

Urednik/ci
Moore, Phoebe V. ; Woodcok, Jamie

Izdavač
Pluto Press

Grad
London : Delhi

Godina
2021

Raspon stranica
30-40

ISBN
978 0 7453 4350 1

Ključne riječi
AI, capital, labour, regulation

Sažetak
Financialisation plays a major role in developing new companies. However, venture capital investments in the emerging internet companies in the 1990s largely went out the window as they were unable to provide viable business models. Post dot-com crash, many companies focused on attracting users through free of charge models, often subsidised through advertising. New business models were supported by more cautious financial capital investments. Since then, major companies (i.e. GAFAM) managed to show they are able to retain users, ensure profitability, and to dominate international markets. New influx of financial capital has put them in the position of financially most profitable companies worldwide. Simultaneously, GAFAM companies attempt to gain a first mover advantage in the expanding AI market. Beyond discussions of glaring income and wealth disparities between owners, managers, employees, and gig workers, this paper will attempt to theorize the interplay between production and finance in the development of AI system in the United States.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija, Informacijske i komunikacijske znanosti, Sociologija, Interdisciplinarne društvene znanosti

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