Bubbling Up | ARENA

In Part III, they continue to work through the ideas of philosophers Martin Heidegger and René Girard, exploring the metaphysics of both technology and desire. “For both thinkers, salvation doesn’t come from technology itself but from a transcendent outside,” they posit. They then cite Nick Land, the father of accelerationism, whose ideas have sinc... See more

Together, Hobart and Huber argue that bubbles are coordination mechanisms for progress: by linking collective risk to potential financial rewards, bubbles enable megaprojects beyond the capability of any single person or industry—megaprojects which, although risky, mark inflection points in technology, economics, and culture when they are successfu... See more