Knowledge under computerization would circulate like money, split into payment and investment categories

Evidence

It is not hard to visualize learning circulating along the same lines as money, instead of for its “educational” value or political (administrative, diplomatic, military) importance; the pertinent distinction would no longer be between knowledge and ignorance, but rather, as is the case with money, between “payment knowledge” and “investment knowledge”—in other words, between units of knowledge exchanged in a daily maintenance framework (the reconstitution of the work force, “survival”) versus funds of knowledge dedicated to optimizing the performance of a project. — Jean-François Lyotard, The Postmodern Condition, 118

Categorization

• DEFINE: Introduces the payment knowledge / investment knowledge distinction — a key conceptual split in Lyotard’s argument.
• XREF: Directly sets up the commodification-of-knowledge claim that Jameson takes up in ‘Postmodernism: The Cultural Logic of Late Capitalism’. — connects to: Automated production shifts wealth creation from labor time to scientific knowledge — Herbert Marcuse, One-Dimensional Man: Studies in the…, 198; Money functions as an equivalent-certainty that reduces the need for information; Money as system trust creates equivalent-certainty and reduces information needs. — Niklas Luhmann, Trust and Power, 212 (+2 more)

Broader Connections

• Power flows when coded, like money, transmitting reduced complexity #expands (0.85)
• Money functions as an equivalent-certainty that reduces the need for information #expands (0.75)
• Money as system trust creates equivalent-certainty and reduces information needs. #expands (0.75) — Niklas Luhmann, Trust and Power, 212
• Money expands economic circles and individualizes participants simultaneously #expands (0.72) — Georg Simmel, on individuality and social forms_…, 664