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Palgrave Macmillan

Political Economy of Artificial Intelligence

Critical Reflections on Big Data Market, Economic Development and Data Society

  • Book
  • © 2024

Overview

  • Examines the legal and human rights implications of artificial intelligence, including issues of citizenship
  • Highlights how AI will change the distribution of employment and wealth
  • Explores how AI will be commercialised and will become part of different business models

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About this book

This book explores how artificial intelligence, the platform economy, and big data will impact economic development and societal change. It outlines how artificial intelligence is used as a capitalist tool that aids the corporate monopoly and creates alienating development. The ways in which artificial intelligence effects governance, economies, and global societies is also discussed, with particular attention given to how it undermines various forms of democracy.
This book aims to challenge established theories on artificial intelligence and technological singularity and highlight how they create new forms of capital accumulation. It will be relevant to students and researchers interested in the economic and social impact of artificial intelligence.

Keywords

Table of contents (7 chapters)

Authors and Affiliations

  • Guildhall School of Business and Law, London Metropolitan University, London, UK

    Bhabani Shankar Nayak

  • Portsmouth Business School, University of Portsmouth, England, UK

    Nigel Walton

About the authors

Bhabani Shankar Nayak is Professor of Business Management, Guildhall School of Business and Law, London Metropolitan University, UK.  

Nigel Walton works as Senior Lecturer Strategy & Innovation, Portsmouth Business School, University of Portsmouth, UK.

Bibliographic Information

  • Book Title: Political Economy of Artificial Intelligence

  • Book Subtitle: Critical Reflections on Big Data Market, Economic Development and Data Society

  • Authors: Bhabani Shankar Nayak, Nigel Walton

  • DOI: https://doi.org/10.1007/978-3-031-62308-0

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2024

  • Hardcover ISBN: 978-3-031-62307-3Published: 30 June 2024

  • Softcover ISBN: 978-3-031-62310-3Due: 14 July 2025

  • eBook ISBN: 978-3-031-62308-0Published: 29 June 2024

  • Edition Number: 1

  • Number of Pages: XXI, 192

  • Number of Illustrations: 5 b/w illustrations

  • Topics: Political Economy/Economic Systems, Economics, general, Development Economics

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