"Industry 4.0 and the future of quality work in the global digital economy"
by Rainnie, Al; Dean, Mark (2020)
ABSTRACTThis paper engages with debates in academic literatures over Industry 4.0 (i4.0) and the Future of Work (FoW), critiquing their development in practical isolation from each other despite i4.0 recently coming to resemble in policymaking a widely adopted narrative for the FoW in the digital age. We argue that beyond their own individual inadequacies, both approaches have common failings. We conceptualise the role of i4.0 in shaping the FoW in terms of the development of global value chains and i4.0?s implications for their digitalisation, where there is an underdeveloped analysis of change. We argue that the clearest expression of i4.0 is in the impact of ?platform capitalism?, which already has implications for workers in the Global South and which, via i4.0?s digital integration with production, will potentially have significant implications for the quality of work in the Global North.
Digital platforms are causing significant levels of disruption to the world of work and challenging traditional business models, driven in large part by a tendency towards monopoly. Of course, centralisation and concentration are essential features of capitalism. What is different this time is the speed with which new winners achieve enormous scale and with relatively small direct employment. A key reason for the speed of digital capitalism’s colonisation of the FoW is that platforms represent a business model based on the control of data. The monopoly characteristics of platform capitalism express the most widespread application of digital technologies. (p.27)
KeywordsFourth Industiral Revolution, Work Quality, Global Digital Economy, Digital Economy, Policy Making, Technology
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