to the vector belong the spoils
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He also brings up its implications in the modern tech ecosystem. The Facebooks, Googles, and Amazons are like panoptic overseers that can force legibility even on the most impenetrable, messy datastreams through machine learning algorithms and hyper-scale pattern recognition. The trade-off here may not be conscription (not yet anyway), but there is... See more
Coleman McCormick • Res Extensa #4: On Legibility — In Society, Tech, Organizations, and Cities
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The lack of granularity and legibility means that all those little fractions of a cent, over billions of people, accrue to the center. And the center invests, turning those cents into dollars. That’s great, that’s the trade we’ve had no choice but to accept, and it’s exactly what companies are supposed to do.
Packy McCormick • Ownership and the American Dream
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In the future, the Other Internet also believes we won’t necessarily interact with money as individuals but as collective “wealth squads.” They talk about how fractionalization can create opportunities and group resilience that would previously have been impossible to achieve alone.
Victoria Buchanan • Vol.17: Victoria Buchanan: Surrealism, World Saving Luxury + Fractional Work
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