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Cambridge University Press
Online publication date:
November 2023
Print publication year:
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Creative Commons:
Creative Common License - CC Creative Common License - BY Creative Common License - NC Creative Common License - ND
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC-ND 4.0

Book description

In this ambitious collection, Zofia Bednarz and Monika Zalnieriute bring together leading experts to shed light on how artificial intelligence (AI) and automated decision-making (ADM) create new sources of profits and power for financial firms and governments. Chapter authors—which include public and private lawyers, social scientists, and public officials working on various aspects of AI and automation across jurisdictions—identify mechanisms, motivations, and actors behind technology used by Automated Banks and Automated States, and argue for new rules, frameworks, and approaches to prevent harms that result from the increasingly common deployment of AI and ADM tools. Responding to the opacity of financial firms and governments enabled by AI, Money, Power and AI advances the debate on scrutiny of power and accountability of actors who use this technology. This title is available as Open Access on Cambridge Core.

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Full book PDF
  • Money, Power, and AI
    pp i-ii
  • Money, Power, and AI - Title page
    pp iii-iii
  • Automated Banks and Automated States
  • Copyright page
    pp iv-iv
  • Contents
    pp v-viii
  • Contributors
    pp ix-xiv
  • Foreword
    pp xv-xviii
  • Acknowledgements
    pp xix-xx
  • Abbreviations
    pp xxi-xxii
  • Introduction
    pp 1-6
  • AI at the Intersection of Money and Power
  • Part I - Automated Banks
    pp 7-92
  • 3 - Leveraging AI to Mitigate Money Laundering Risks in the Banking System
    pp 51-69
  • 4 - AI Opacity in the Financial Industry and How to Break It
    pp 70-92
  • Part II - Automated States
    pp 93-170
  • 5 - The Automated Welfare State
    pp 95-115
  • Challenges for Socioeconomic Rights of the Marginalised
  • 6 - A New ‘Machinery of Government’?
    pp 116-135
  • The Automation of Administrative Decision-Making
  • 8 - The Islamophobic Consensus
    pp 152-170
  • Datafying Racism in Catalonia
  • Part III - Synergies and Safeguards
    pp 171-172
  • 9 - Law and Empathy in the Automated State
    pp 173-188
  • 11 - Supervising Automated Decisions
    pp 205-220
  • 12 - Against Procedural Fetishism in the Automated State
    pp 221-240


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