The Global Technological Oligopoly and the new techno-economical peripheralization of Latin America

This paper aims to analyze the economic and technological implications for Latin America of the consolidation of the Global Technology Oligopoly (OTG) formed by the occidental and oriental tech giants: Google, Amazon, Facebook, Apple and Microsoft (GAFAM) and Alibaba, Tencent and Huawei (ATH). In pr...

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Autores principales: Borrastero, Carina, Juncos, Ignacio
Formato: Artículo revista
Lenguaje:Español
Publicado: Facultad de Ciencias Económicas - Universidad Nacional de Córdoba 2023
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Acceso en línea:https://revistas.unc.edu.ar/index.php/DTI/article/view/40589
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Sumario:This paper aims to analyze the economic and technological implications for Latin America of the consolidation of the Global Technology Oligopoly (OTG) formed by the occidental and oriental tech giants: Google, Amazon, Facebook, Apple and Microsoft (GAFAM) and Alibaba, Tencent and Huawei (ATH). In previous research, we noted that the oligopoly GAFAM-ATH disputes the leadership of the global tech market based on a predominantly rent-based and hyper-concentrated scheme of competition between giants firms. Here we are interested in going deeper in two directions: a) In consolidating the construction of the Global Technology Oligopoly; b) In analyzing the economic and technological consequences for Latin America of this kind of market scheme. To achieve this we start from an empirical inquiry about the dynamic of competition and capital profitability of the GAFAM-ATH, together with the observation of the Latin American tech market in terms of main actors, competition dynamic, profitability sources and global positioning, analyzing the interrelations between the global and regional dimensions, where the “Tecnolatinas” stand out. We look to contribute to the global debates about these topics, especially to the explanation of the tech and economic lag of Latin America from a vision that contemplates the kind of techno-economic insertion of the region in the dynamics of nowadays capitalism. The main results indicate that the logic of capital profitability of the OTG, based mainly on the data exploitation and the collecting of extraordinary intellectual rents generated on a global scale, excludes smaller and less global actors from the technological competition and promotes the techno-economic dependency of the Latin America periphery.