March 2026
-
Opaque value and algorithmic decision-making in the transformation of the global economy
Category : Capitalism, value and production systemsThe economy mediated by artificial intelligence is structurally redefining the very concept of value, affecting the decision-making mechanisms that regulate markets and institutions. The classical categories through which political economy has interpreted value creation, labor, scarcity, utility and exchange presupposed an observable relationship between human activities, resources and economic outcomes. In the current phase of…
