From People's World <[email protected]>
Subject Predictive analytics: How capitalism's "knowledge economy" profiles us all
Date January 29, 2020 5:30 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
Predictive analytics: How capitalism's "knowledge economy" profiles us all
[ [link removed] ]

By Joel Wendland-Liu
"Communicative capitalism," writes the communist philosopher Jodi Dean, refers to a phase of knowledge- and technology-based commodity production in which information on a massive scale is produced, gathered, and sold for profit. What we now call the "information society" or "knowledge economy" sees the large-scale proletarianization of often highly-educated people in low-paying (often low-skilled) jobs, precariously scraping by to pay student loans, cover health insurance, and living paycheck to paycheck, wondering what happened to the "American Dream."

Another more insidious feature of communicative capitalism is the role of technology companies in exploiting the participatory features of the knowledge economy (especially social media, digitized personal information archives, search engines, and online shopping) to harvest, store, organize, and sell consumer information to other companies. We all know something happens to the information we share on Facebook, input into Amazon or Google when we search, and are rarely surprised anymore when we see ads in our feeds and email for commodities that are similar to what we've searched for.

Dean characterizes this aspect of the knowledge economy as free labor producing commoditized data for technological capital. Whenever we participate by watching the latest hit on Netflix, buy something from our favorite online store, or add information to our LinkedIn account, we are producing bits and pieces of our lives and interests that are transformed into products by technology companies. We do it for free and spend hours and hours on it.

Technology companies are able to construct significant digital images and profiles of consumers, their needs and desires, their work and habits, their movements, alignments, and affiliations. I know it sounds like a scary science fiction movie, but it is true. The "knowledge economy" is most effective at using our desire for connection, for collectivity to promote the commodities that we help to build back onto us in ways that promise, but fail, to make up for the lack we experience under alienating capitalism.

It successfully tweaks our desires and needs to negate our yearning for collectivity and convince us that our individuality is most important for a healthy life. It uses this false belief to divide us one from another and to absorb our dissent or criticisms or desire for political actions into its commodity-building software.

One dimension of this commodity-producing information behemoth is...

READ MORE ยป [ [link removed] ]







Connect with Us


Facebook [ [link removed] ]Twitter [ [link removed] ]Tumblr [ [link removed] ]Flickr [ [link removed] ]Instagram [ [link removed] ]YouTube [ [link removed] ]Donate [ [link removed] ]



People's World Editorial Office 3339 S. Halsted St. Chicago, IL 60608 773-446-9920 [email protected]



Unsubscribe [ [link removed] ]
Screenshot of the email generated on import

Message Analysis