The oft called ‘knowledge’ economy brought into being in the ‘developed’ West in the 1990s is composed of several industries that are broadly related but also quite specific unto themselves– artificial intelligence, telecommunications, finance, information technology and digital commerce- the Internet. More broadly, these can be divided into ‘finance’— Wall Street, insurance and real estate; and ‘technology,’ modes and methods of operational interaction with the world. One branch of these technologies in particular, the algorithmic ‘intelligent’ technology of computing tied together through global telecommunications infrastructure, is widely considered by Western economists to be...
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