Big Tech and the Digital Economy

Big Tech and the Digital Economy PDF Author: Nicolas Petit
Publisher: Oxford University Press, USA
ISBN: 9780198837701
Category : Business & Economics
Languages : en
Pages : 304

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Book Description
This book asks a simple question: are the tech giants monopolies? In the current environment of suspicion towards the major technology companies as a result of concerns about their power and influence, it has become commonplace to talk of Google, Facebook, Amazon, Apple, Microsoft, or Netflix as the modern day version of the 19th century trusts. In turn, the tech giants are vilified for a whole range of monopoly harms towards consumers, workers and even the democratic process. In the US and the EU, antitrust, and regulatory reform is on the way. Using economics, business and management science as well legal reasoning, this book offers a new perspective on big tech. It builds a theory of "moligopoly". The theory advances that the tech giants, or at least some of them, coexist both as monopolies and oligopoly firms that compete against each other in an environment of substantial uncertainty and economic dynamism. With this, the book assesses ongoing antitrust and regulatory policy efforts. It demonstrates that it is counterproductive to pursue policies that introduce more rivalry in moligopoly markets subject to technological discontinuities. And that non-economic harms like privacy violations, fake news, or hate speech are difficult issues that belong to the realm of regulation, not antimonopoly remediation.

Big Tech and the Digital Economy

Big Tech and the Digital Economy PDF Author: Nicolas Petit
Publisher: Oxford University Press, USA
ISBN: 9780198837701
Category : Business & Economics
Languages : en
Pages : 304

Get Book

Book Description
This book asks a simple question: are the tech giants monopolies? In the current environment of suspicion towards the major technology companies as a result of concerns about their power and influence, it has become commonplace to talk of Google, Facebook, Amazon, Apple, Microsoft, or Netflix as the modern day version of the 19th century trusts. In turn, the tech giants are vilified for a whole range of monopoly harms towards consumers, workers and even the democratic process. In the US and the EU, antitrust, and regulatory reform is on the way. Using economics, business and management science as well legal reasoning, this book offers a new perspective on big tech. It builds a theory of "moligopoly". The theory advances that the tech giants, or at least some of them, coexist both as monopolies and oligopoly firms that compete against each other in an environment of substantial uncertainty and economic dynamism. With this, the book assesses ongoing antitrust and regulatory policy efforts. It demonstrates that it is counterproductive to pursue policies that introduce more rivalry in moligopoly markets subject to technological discontinuities. And that non-economic harms like privacy violations, fake news, or hate speech are difficult issues that belong to the realm of regulation, not antimonopoly remediation.

Platform Socialism

Platform Socialism PDF Author: James Muldoon
Publisher:
ISBN: 9780745346984
Category : Digital media
Languages : en
Pages : 0

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Book Description
A bold new manifesto for digital technology after capitalism.

The Digital Economy

The Digital Economy PDF Author: Don Tapscott
Publisher: McGraw-Hill Companies
ISBN: 9780070633421
Category : Computers
Languages : en
Pages : 342

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Book Description
Looks at how the Internet is affecting businesses, education, and government, touching on the twelve themes of the new economy and privacy issues

The Digital War

The Digital War PDF Author: Winston Ma
Publisher: John Wiley & Sons
ISBN: 1119748917
Category : Business & Economics
Languages : en
Pages : 416

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Book Description
What new directions in China’s digital economy mean for us all China is the largest homogenous digital market on Earth: unified by language, culture, and mobile payments. Not only a consumer market of unrivaled size, it’s also a vast and hyperactive innovation ecosystem for new technologies. And as China’s digital economy moves from a consumer-focused phase to an enterprise-oriented one, Chinese companies are rushing to capitalize on ways the newer wave of tech—the Internet of Things, AI, blockchain, cloud computing, and data analytics (iABCD)—can unlock value for their businesses from non-traditional angles. In China’s Data Economy, Winston Ma—investment professional, capital markets attorney, adjunct professor of digital economy, and bestselling author—details the profound global implications of this new direction, including how Chinese apps for services such as food delivery expand so quickly they surpass their U.S. models within a couple of years, and how the sheer scale and pace of Chinese innovation might lead to an AI arms race in which China and the U.S. vie aggressively for leadership. How China’s younger netizens participate in their evolving digital economy as consumers, creators, and entrepreneurs Why Online/Office (OMO, Online-merge-with-Offline) integration is viewed as the natural next step on from the O2O (Online-to-Offline) model used in the rest of the world The ways in which traditional Chinese industries such as retail, banking, and insurance are innovating to stay in the game What emerging markets can learn from China as they leapfrog past the personal computer age altogether, diving straight into the mobile-first economy Anyone interested in what’s next for Chinese digital powerhouses—investors, governments, entrepreneurs, international business players—will find this an essential guide to what lies ahead as China’s flexes new digital muscles to create new forms of value and challenge established tech giants across the world.

Stakeholder Capitalism

Stakeholder Capitalism PDF Author: Klaus Schwab
Publisher: John Wiley & Sons
ISBN: 1119756138
Category : Business & Economics
Languages : en
Pages : 311

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Book Description
Reimagining our global economy so it becomes more sustainable and prosperous for all Our global economic system is broken. But we can replace the current picture of global upheaval, unsustainability, and uncertainty with one of an economy that works for all people, and the planet. First, we must eliminate rising income inequality within societies where productivity and wage growth has slowed. Second, we must reduce the dampening effect of monopoly market power wielded by large corporations on innovation and productivity gains. And finally, the short-sighted exploitation of natural resources that is corroding the environment and affecting the lives of many for the worse must end. The debate over the causes of the broken economy—laissez-faire government, poorly managed globalization, the rise of technology in favor of the few, or yet another reason—is wide open. Stakeholder Capitalism: A Global Economy that Works for Progress, People and Planet argues convincingly that if we don't start with recognizing the true shape of our problems, our current system will continue to fail us. To help us see our challenges more clearly, Schwab—the Founder and Executive Chairman of the World Economic Forum—looks for the real causes of our system's shortcomings, and for solutions in best practices from around the world in places as diverse as China, Denmark, Ethiopia, Germany, Indonesia, New Zealand, and Singapore. And in doing so, Schwab finds emerging examples of new ways of doing things that provide grounds for hope, including: Individual agency: how countries and policies can make a difference against large external forces A clearly defined social contract: agreement on shared values and goals allows government, business, and individuals to produce the most optimal outcomes Planning for future generations: short-sighted presentism harms our shared future, and that of those yet to be born Better measures of economic success: move beyond a myopic focus on GDP to more complete, human-scaled measures of societal flourishing By accurately describing our real situation, Stakeholder Capitalism is able to pinpoint achievable ways to deal with our problems. Chapter by chapter, Professor Schwab shows us that there are ways for everyone at all levels of society to reshape the broken pieces of the global economy and—country by country, company by company, and citizen by citizen—glue them back together in a way that benefits us all.

The Truth about Nature

The Truth about Nature PDF Author: Bram Büscher
Publisher: University of California Press
ISBN: 0520371453
Category : Social Science
Languages : en
Pages : 254

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Book Description
How should we share the truth about the environmental crisis? At a moment when even the most basic facts about ecology and the climate face contestation and contempt, environmental advocates are at an impasse. Many have turned to social media and digital technologies to shift the tide. But what if their strategy is not only flawed, but dangerous? The Truth about Nature follows environmental actors as they turn to the internet to save nature. It documents how conservation efforts are transformed through the political economy of platforms and the algorithmic feeds that have been instrumental to the rise of post-truth politics. Developing a novel account of post-truth as an expression of power under platform capitalism, Bram Büscher shows how environmental actors attempt to mediate between structural forms of platform power and the contingent histories and contexts of particular environmental issues. Bringing efforts at wildlife protection in Southern Africa into dialogue with a sweeping analysis of truth and power in the twenty-first century, Büscher makes the case for a new environmental politics that radically reignites the art of speaking truth to power.

The Inglorious Years

The Inglorious Years PDF Author: Daniel Cohen
Publisher: Princeton University Press
ISBN: 0691206155
Category : Business & Economics
Languages : en
Pages : 190

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Book Description
The book describes how today's postindustrial society is transforming us all into sequences of data that can be manipulated by algorithms from anywhere on the planet. As yesterday's assembly line was replaced by working online, the leftist protests of the 1960s have given way to angry protests by the populist right. The author demonstrates how the digital economy creates the same mix of promises and disappointments as the old industrial order, and how it revives questions about society that are as relevant to us today as they were to the ancients

Digital Is Destroying Everything

Digital Is Destroying Everything PDF Author: Andrew V. Edwards
Publisher: Rowman & Littlefield
ISBN: 1442246529
Category : Computers
Languages : en
Pages : 248

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Book Description
Every year, perhaps even every week, there is some new gadget, device, service, or other digital offering intended to make our lives easier, better, more fun, or more instantaneous--making it that much harder to question how anything digital can be bad for us. Digital has created some wonderful things and we can hardly imagine life without them. But digital—the most relentless social and economic juggernaut humanity has unleashed in centuries—is also destroying much we had taken for granted. And what is your place in this brave new world? In Digital Is Destroying Everything, futurist and digital marketing consultant Andrew Edwards tours the “blasted heath” digital is leaving behind and takes a fearless look at the troubled landscape that may lie ahead. The book is not, despite its title, a dystopian rant against all things digital and technological. Instead, expect to find a lively investigation into the ways digital has opened us to new and sometimes quite wonderful experiences, driven down costs for consumers, and given information a chance to be free. But the book also takes a clear-eyed look at many of the good (and sometimes bad) things—businesses and behaviors—digital has destroyed, and how the world may be diminished, compromised, and altered forever in its wake. This tour of the effects of digital technologies on our lives is sure to raise questions, touch a nerve, and enlighten even the most dedicated digital enthusiasts.

The Emerging Digital Economy

The Emerging Digital Economy PDF Author:
Publisher:
ISBN:
Category : Electronic commerce
Languages : en
Pages : 282

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Book Description


Big Tech Firms and International Relations

Big Tech Firms and International Relations PDF Author: Li Sheng
Publisher: Springer Nature
ISBN: 981193682X
Category : Political Science
Languages : en
Pages : 131

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Book Description
This book presents cutting-edge research and exploration of the role of nation-state when big tech firms present themselves as new participants in contemporary international relations that act on an equal footing with nation-states. The general research goal of this book is to identify the justifications that nation-states have adopted to regulate the big tech firms and the impacts of this process on international trade in the main economies in the world. With the massive instrumentation of data, big tech firms have become actors with the capacity to intervene not only in economies but also, above all, in the politics of different countries with different systems. The emergence of big tech firms has transformed the approach to the concepts of national security, information management and access to new technologies among nation-states. The principles and fundamentals of cyber sovereignty have become one of the bases of states in the contemporary system of international relations. Today, the influence of big tech firms in different societies in the contemporary world is one of the main forms of power. This book tries to collect and present the recent state of the art in studies on the relationship between big tech firms and nation-states in the literature. It also addresses how governments such as those of the US, China and the EU are changing their legislation, creating control and data security mechanisms, imposing entry restrictions on foreign companies, and regulating the actions beyond the cloud of big tech firms inside and outside their borders.