Intro to PE / technology Flashcards
what is the impact of technology on capitalism, politics and every day life?
Shaping electoral processes - voter analytics, behaviour and predictions
financing through venture capital firms, shopper trends and targeted ads
maintaining and strengthening the network of government, universities, researchers, and firms using technology to enhance their contributions to society
Why is technology important in the context of political economy?
Technology is crucial as capitalism transcends physical boundaries, leading to surveillance capitalism where user data is monetized, raising concerns about state control, economic influence, and cultural implications.
how does surveillance capitalism generate revenue?
Surveillance capitalism generates revenue primarily through the monetization of user data, collected through various digital platforms and services.
How does surveillance capitalism utilize behavioral surplus for profit?
Surveillance capitalism utilizes behavioral surplus by analyzing user data to predict and influence behavior, thus generating revenue through targeted advertising and personalized services.
What are the implications of surveillance capitalism for democracy?
Surveillance capitalism poses challenges to democracy by influencing electoral processes, shaping public opinion through targeted messaging, and raising concerns about data privacy and manipulation.
How does technology contribute to the globalization of markets?
Technology facilitates the globalization of markets by enabling cross-border communication, trade, and investment, leading to increased interconnectedness and interdependence among economies.
What role do data analytics play in surveillance capitalism?
Data analytics are central to surveillance capitalism as they enable the processing and analysis of vast amounts of user data to extract valuable insights for targeted advertising and behavior prediction.
How does surveillance capitalism affect consumer behavior?
Surveillance capitalism influences consumer behavior through targeted advertising, personalized recommendations, and addictive design features, leading to increased engagement and consumption of digital products and services.
What are the ethical implications of surveillance capitalism?
Surveillance capitalism raises ethical concerns regarding privacy invasion, manipulation of user behavior, and unequal power dynamics between corporations and individuals in the digital realm.
How do governments regulate surveillance capitalism?
Governments regulate surveillance capitalism through legislation, antitrust enforcement, and data protection regulations aimed at safeguarding user privacy and promoting fair competition in the digital economy.
What are the economic benefits of technological innovation?
Technological innovation can lead to economic growth, job creation, and increased productivity
What are the economic consequences of technological innovation?
it may also contribute to income inequality, job displacement, and market concentration in certain industries.
How does surveillance capitalism impact social inequality?
Surveillance capitalism exacerbates social inequality by disproportionately benefiting corporations and wealthy individuals who have access to vast amounts of data and resources, while marginalizing those with limited digital literacy and privacy rights.
What role do algorithms play in shaping user experiences online?
Algorithms play a crucial role in shaping user experiences online by determining the content users see, the ads they are exposed to, and the recommendations they receive, based on their past behavior and preferences.
How does surveillance capitalism influence political discourse and public opinion?
Surveillance capitalism influences political discourse and public opinion through targeted advertising, filter bubbles, and the manipulation of online narratives, leading to polarization and the spread of misinformation.
