Micro-assets and portfolio management in the new platform economy

McKenzie, Monique de Jong

doi:10.1080/1600910x.2020.1734847

Cited by 5 publications

(9 citation statements)

References 14 publications

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“…Labour platforms can be construed as brokers because they put together a breadth of dispersed information that they offer to workers and clients and gain control and value from this exchange. As intermediary agents between workers and clients, they are imbued with the power to determine the rules of interaction within their own digital ecosystem (McKenzie, 2020), and therefore embed ‘politics’ and control (Winner, 1980) in many ways. Labour platforms’ affordances of search, matching, and datafication serving a large pool of clients (demand) and workers (supply) allow them to charge either the client or the worker (or both) for this service.…”

Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

“…The ‘triangular and unequal relationship between employer, platform, employee’ (Schmidt, 2017: 133) and where the platform performs the role of an intermediary gives the two user groups (supply of labour and demand of labour) limited control over the labour process in comparison to the platform. Essentially, the supplier and user of labour are fed by the platform, through its design interface, with the data and processes that it chooses to make visible to them, and it controls what interactions and what conditions can be made possible between these two parties (McKenzie, 2020: 5–6). Another is the labour arrangement facilitated by the platform, characterised by the shifting boundary between socialised – or monetised – and unsocialised labour, or between paid and unpaid labour (Huws, 2003: 68).…”

Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

“…worker portfolios, average rates, job completion rate, average rating) visible to clients. Many labour platforms also have evaluation mechanisms that only allow clients to rate workers, and not the other way around (McKenzie, 2020). Given the variable nature of projects and jobs offered in the platforms, labour platforms also do not regulate wages, implying that clients are allowed to contract workers under below average rates to which workers acquiesce given increasing competition.…”

Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

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Digital labour in the Philippines: emerging forms of brokerage

Soriano

2021

Media International Australia

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This article examines and theorises the relationships across three distinct forms of labour brokerage emerging in the digital platform labour economy: platform intermediation, ‘skill-making’, and ‘re-outsourcing’. Drawing from a 4-year digital ethnography on online freelancing and platform labour in the Philippines, one of the largest labour supplying countries globally, I pay special attention to how platform labour control emerges as a process that is constituted in the brokerage relationships at multiple scales between global capital, local capital, community, and family units, and emerging organised networks of workers and influencers on social media. The article examines the materiality of platform labour and the local informal economy that give rise to these forms of brokerage. I also describe how brokerage processes set norms and standards in this largely unregulated sector, thereby playing a role in how labour mobility or precarity are made possible and organised. The article seeks to contribute to the knowledge about the digital work system involving a significant number of Filipinos by capturing the situated dialectical power relations of the global spread of platform-mediated labour management.

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Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

Section: Emerging Forms Of Brokerage In Platform Labourmentioning

confidence: 99%

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Digital labour in the Philippines: emerging forms of brokerage

Soriano

2021

Media International Australia

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“…Layer 2 of the digital twin of the product is the real physical product. A DO has consumer properties; as the components of the DO, they can also be represented as the information disseminated for advertising purposes [50,51]:…”

Section: Properties Of Do As a Commoditymentioning

confidence: 99%

“…The following characteristics of a DO are related to post-sales services, for example, adding information. A DO has consumer properties; as the components of the DO, they can also be represented as the information disseminated for advertising purposes [50,51]:…”

Section: Properties Of Do As a Commoditymentioning

confidence: 99%

Global Challenges of Digital Transformation of Markets: Collaboration and Digital Assets

et al. 2021

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Cyber-physical system (CPS) and digital twin (DT) technologies are the key enablers of smart manufacturing. The main idea of CPS is to build bi-directional interaction channels between the physical and cyber worlds. The research gap is ontological consideration of the concept of the digital object (DO) as a representation of a physical object (PO) in the digital space/world. The objective of this study is an ontological analysis of the digital object (DO). This object is fairly well-understood from a technical point of view; although there are many options for its definition, its basic composition and functionality are defined clearly, but currently in the economic science DO has not yet been enough considered. The DO, which first appeared as a digital twin has not been properly explored by economic science. Authors attempt to determine whether all the properties and characteristics of the DO are described by modern economic language or whether there is a need to introduce new concepts and categories to describe such objects. The ontological analysis of the DO within the existing conceptual framework of economic science is presented. The result of the research is comprehensive study of DO which allows the consideration of the additional benefits that economic actors can gain from using the DO. We propose to analyze the DO in terms of such economic categories as goods; innovation process; the system of division of labor; the role of market participants in the creation and use of the DO; intellectual property; etc.

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Precarious Participants, Online Labour Platforms and the Academic Mode of Production: Examining Gigified Research Participation

McKenzie

2023

Critical Sociology

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In an economic environment defined by precarious and gig-based labour contracts, academic research has been reimagined as a source of income for research participants. In addition, with the rise of online labour platforms, researchers have turned to online labour platforms as a solution to the increasing difficulty in recruitment of participants in research. This present context makes explicit the hidden labour that research participants have always done in the production of research outputs within academia. This paper develops a Marxist lens through which we can understand the material conditions of the circulation of capital through academia and the role of research participants in this mode of production. By developing this broad analytical framework for the academic mode of production, this paper further argues that our present economic epoch of the gig economy and specifically the use of digital labour platforms for academic research, has accelerated the subsumption of research participation as a source of income through the fragmentation of work and the gigification of everyday life.

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Micro-assets and portfolio management in the new platform economy

Cited by 5 publications

References 14 publications

Digital labour in the Philippines: emerging forms of brokerage

Digital labour in the Philippines: emerging forms of brokerage

Global Challenges of Digital Transformation of Markets: Collaboration and Digital Assets

Precarious Participants, Online Labour Platforms and the Academic Mode of Production: Examining Gigified Research Participation

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