Capital Thinks Too The Idea of the Common in the Age of Machine Intelligence

“To conclude, the new abstractions of science, the new technologies of computation and augmented intelligence, should be adopted within an extended definition of both money and labour (ending the linguistic turn of the ‘90s). As much as Marx framed the impact of ‘general scientific labour’ and ‘general social knowledge’ on the industrial machine, in the same way the impact of new technologies of intelligence on the financial machine has to be registered. Computational economics is directly incarnated today by the digital apparatuses and central algorithms of global corporations. Indeed as Phillip Mirowski has argued following Donna Haraways insight, economics has become a cyborg science.22 At the end of 2015, IBM launched the application of its Artificial Intelligence system Watson to business solutions. Looking for a new brand, IBM came up with the clumsy expression cognitive business. The pay-off reads: cognitive business is a business that thinks.23 Artificial Intelligence is advertised here as the best way to turn endless dataflows into the recognition of social patterns and prediction of social tendencies. How do you think a form of capital that is already thinking you?” rest @ http://onlineopen.org/capital-thinks-too

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