CCT109H5 Lecture Notes - Lecture 7: Netflix, Mobile Payment, Vertical Integration
10 Oct 2015
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Mobile digital media: wearable sensors, saga: automatic lifelogging, advertising signs that has sensors of the weather which changes according to it, monitored mobility (monitored by states or government as a form of surveillance) More than just the decline of mass manufacturing and not just for cars. Economic trends of the video: there are no people (labour), only machines in factories, post fordism (aka flexible production, flexibilism, flexible specialization, high degree. Increasing sophistication of production process, particularly through automation and reduction of human labour in manufacturing and increasing trend of outsourcing: allows for greater responsiveness of supply and demand. Increasing complexity and tightening of global logistics and supply chains (and in turn volatility of global market) Time: post-fordism brings forward a central importance of time in global market production chains, expectations of multitasking, socializing in multiple time zones and expectations of synchronizing across space.
