Moderation: Sebastian Gießmann
Room: Museum für Gegenwartskunst, Lecture Hall
Financial surveillance is still on its way up. Though practices of surveillance date back to the 19th century, there is a new intensity and ubiquity to them today. Think of transnational transparency regimes (Basel III), think of new EU regulations concerning identification in payments technologies, think of credit card transaction leaks that are quickly de-anonymised by researchers. These developments foreground the fact that technologies of accounting, scoring, and subjectivation are at the core of digital and mobile network media now. How can we think about the new distributedness and temporalisation of monetary practices? And how does machine learning transform monetary valuation, algo-trading, fintech platforms, their APIs, and financial decision-making? As regimes that automatically intervene in real-time transactions, such technologies establish, perpetuate, and remediate “orders of worth”. Of course, this desire for automation has been part of every computerisation movement. But we also recognise that money often serves as a medium of heteromation and dis-automation. Financial surveillance is frequently accompanied by infrastructural frictions and calls for accountability. We want to hear about practices that explore the seams and ruptures, the moments of breakdown and manual intervention.
Armin Beverungen: Cognition, Calculation and Collectivity in Algorithmic Capitalism
Karin Knorr-Cetina: Posthuman Financial Markets: The Rise of Algorithms in Finance