Algorithms and Big Data: Surplus Value of Codes and Flows
Hangwoo Lee ()
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Hangwoo Lee: Chungbuk National University
Chapter Chapter 3 in Affective Capitalism, 2023, pp 35-58 from Springer
Abstract:
Abstract In the era of the “social factory,” algorithms and big data have become the living labor beyond employment relations. Algorithms are the crystallization of the general intellect producing the surplus value of codes. The open-source project, the dominant model of algorithm development, constitutes an essential basis for making it difficult for algorithms to remain exclusive ownership of capital. Big data is the product of interactions and relationships between human and non-human bodies in the network, generating surplus value of flows. The affective value of big data is commercialized and monetized through numerous data derivatives that convert individuals into dividuals at a non-conscious and pre-linguistic register. The exclusive property rights of capital over algorithms and big data are essential devices that accelerate the enclosure of affect. The surplus value of codes and flows no longer adheres to the traditional linear relationship between capital input and profit output.
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-8174-8_3
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DOI: 10.1007/978-981-99-8174-8_3
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