- cross-posted to:
- becomeme@sh.itjust.works
- technology@hexbear.net
- technology
- cross-posted to:
- becomeme@sh.itjust.works
- technology@hexbear.net
- technology
Are We Transitioning From Capitalism to Silicon Serfdom?::The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.
Is that a frickin rotating chair?
nah its still capitalism
In capitalism, the core problem is power of business owners over employees. Tech giants hold incredible power over all of their consumers - aka the entire world.
The most famous billionaires are all tech giants like Zuck, Gates, Musk, Bezos. It’s because they are in the news all the time as they decide over everybody’s life now, despite not being elected.
YouTube, Insta, Tik Tok, Twitter, Facebook and friends are the main way political opinions are formed, especially for teenagers. That power should be in the hands of millions of teachers, activists and journalists, not a handful of billionaires.
Markets are supposed to keep capitalism in check. That doesn’t work so good but they seem to be even more ineffective in keeping the tech market in check, especially social media.
Markets aren’t supposed to keep capitalism in check. Capitalism is an exploitation of commercial systems in order to maximize profits. Capitalism is at direct odds with the free market self-regulating. Capitalism is the bastardization of free market policies and destroys innovation.
I agree with all but the first sentence. Markets do a terrible job at keeping capitalism in check but they are supposed to, at least that’s what capitalism stans argue.
Dafuq is he wearing?!?
Amazon Basics “Douchebag Collection”
🤣
The backrest cover of an Eastern European long distance bus seat.
Bus seat couture
I presume his arms are detachable and interchangeable. He is currently sporting his “business meeting” arms, will switch to his “swole bro” arms when he goes to the gym, and then has a set of shorter arms that he couples with trousers with very deep pockets when he is reviewing the salaries of the lower paid Amazon employees.
Looks like knockoff mo-cap.
Not “Silicon Serfdom”, but Serfdom nonetheless you fucking idiot. You’re helping.
How do you transition something that’s never really changed?
I see someone else also listens to Factually! podcasts.
No. The intelligence community would never give up such control.
And if lobbies take their power?
Can someone explain how these organizations ‘undermine the economy and democracy’?
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there’s room for arguments regarding exploited workers in any industry, but tech is usually compensated well , at least compared to some industry. Maybe they are not compensated well in other developing nations?
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not sure how cloud/tech companies undermine democracy or economies
Read or listen to Yanis explaining the concept he described as techno feudalism. He typically does a great job at it.
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