What Are the Tech Companies Really Doing Right Now?

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I think in this case like you've hit on something that's important right, especially as we see more and more of these things that we're talking about to advertising or find ways to kind of profit from the scale of advertising online. And so if the digital labor thing the surveillance capitalism the techno feudalism doesn't fully explain what is going on here. What do you see the tech companies actually doing then? I think they we know that they benefit from the network effect thing rightlike why is Facebook powerful it's because they really benefited from economies of scale based on their effects.

Paris Marx is joined by Daniel Joseph to discuss why advertising is central not just to the tech economy, but modern capitalism itself, and how the business models of companies are increasing shaped by serving ads and collecting data to inform them.

Daniel Joseph is a Senior Lecturer of Digital Sociology at Manchester Metropolitan University. He’s also written for a number of publications, including Briarpatch Magazine, Motherboard, and Real Life Magazine. Follow Daniel on Twitter at @DanjoKaz00ie.

Tech Won’t Save Us offers a critical perspective on tech, its worldview, and wider society with the goal of inspiring people to demand better tech and a better world. Follow the podcast (@techwontsaveus) and host Paris Marx (@parismarx) on Twitter, and support the show on Patreon.

The podcast is produced by Eric Wickham and part of the Harbinger Media Network.

Also mentioned in this episode:

Daniel wrote about how advertising and the need to create audiences is much more central to the tech economy than is often discussed.
Shoshana Wodinsky explained why so many companies are getting into advertising, including hotel chains, retailers, and more.
Unity faced criticism for merging with IronSource, a known advertising malware distributor.
After reporting a subscriber decline earlier this year, Netflix launched an ad-supported tier in October.
Companies like Apple and Uber are expanding their efforts to increase advertising revenue.
Ramon Lobato wrote Netflix Nations: The Geography of Digital Distribution.

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