Capitalism
If everyone owns a slice of American value creation, everyone will want America to do better: collective equity in innovation and in the success of the country will align our incentives. The new social contract will be a floor for everyone in exchange for a ceiling for no one, and a shared belief that technology can and must deliver a virtuous... See more
Sam Altman · March 16 • Moore's Law for Everything
As a society, we are so fully invested in capitalism, competition and algorithms that it’s almost impossible to pull ourselves out of the cycle to see a bigger pattern, which is that we have entire economies built upon our misery.
The enshittification of dating apps
How ‘Your Package Has Been Delivered’ and other Automated Messages Erase Essential Human Labor ❧ Current Affairs
Current Affairscurrentaffairs.org
Web3 Is the Opportunity We Have Had All Along: Innovation Amnesia and Economic Democracy
cryptocarnival.wtfcryptocarnival.wtfPolarization and gridlock have become increasingly synonymous with democracy.
This is not for lack of opportunities. Recent decades have seen social movements and technologists develop numerous experiments in more textured, responsive, and participatory forms of collective decision-making. These include participatory budgeting (Cabannes 2004), liquid democracy (Hardt and Lopes 2015), sortition (Gastil 2000; Bouricius 2013; Pek 2019; Fan and Zhang 2020), citizens’ assemblies (Niemeyer 2014; Chwalisz 2017; Giraudet et al. 2022), crowdsourcing (Hsiao et al. 2018; Bernal 2019), and various alternative voting systems (Posner and Weyl 2014; Emmett 2019). A growing field of platforms for online citizen engagement has emerged to facilitate these processes (Stempeck 2020). Yet in even the most advanced applications of technology-enabled governance, from Madrid to Taiwan (Hsiao et al. 2018; Smith and Martín 2021; Tseng 2022), the new mechanisms serve in solely advisory roles; participatory budgeting processes, while more likely to be binding, apply to only small fractions of public budgets.
Governments could be eagerly transforming themselves into the vibrant, creative, networked institutions that the networked world arguably needs them to be, but they are not.
Who gets to determine the future is important!
If corporations, billionaires, and oil tycoons are the ones at the forefront of envisioning and building a new future – which are exactly the same actors that led to today’s polycrisis – then something is terribly wrong!
If corporations, billionaires, and oil tycoons are the ones at the forefront of envisioning and building a new future – which are exactly the same actors that led to today’s polycrisis – then something is terribly wrong!
Thomas Klaffke • Unframing the Future
Luxury surveillance is a phenomenon where "some people pay to subject themselves to surveillance that others are forced to endure and would, if anything, pay to be free of." You might buy a GPS bracelet to track your biometric data (which will be used by other firms), while others might be forced to wear one (and still pay for it) as part of their... See more
Super Apps Are Terrible for People —and Great for Companies
Most analysts of capitalism, following nineteenth- and twentieth-century leads, have ignored the formation of “raw” materials, taking them for granted as capitalist resources. Yet these materials have their own genealogies of production outside the capitalist purview, and our recent awareness that capitalism is destroying Earth’s livability makes... See more
Anna Lowenhaupt Tsing • Salvage Accumulation, or the Structural Effects of Capitalist…
“It’s easier to imagine the end of the world than the end of capitalism,” wrote the literary critic Fredric Jameson. One of the hardest elements to imagine is what capitalism has done to our perception of time via clocks. It now seems embedded into our very psychology to view time as a commodity that can be spent or wasted.