Activity

Silicon Valley is redesigning the corporation itself. These gig companies are little more than a website and an app, with a small number of executives and regular employees who oversee an army of freelancers, temps, and contractors. In the vision of the techno gurus and their Ayn Rand libertarianis…

[...] the big companies no longer actually make their products. That can be contracted out to a competing mass of capitalist suppliers. What the vectoralist firm owns and controls is brands, patents, copyrights, and trademarks, or it controls the networks, clouds, and infrastructures, along which s…

[...] Those funders then run the show. Satisfied with nothing less than 100x returns on their money, they push the founders to "pivot" the business toward outlandish, "home run" outcomes. The object of the game is not to create a successful business, but to "exit" through an IPO or acquisition befo…

[...] Ordinary people have already made the Internet their own with their hacks, their memes, their protests, and their dreams. The cost of forfeiting control over these things is too high, and too mysterious. We need to expect better, to demand more. It's time that we own and govern what is ours a…

[...] why does a village in Denmark [...] have to generate profits for some fifty people in Silicon Valley if they can create their own version of Airbnb? Instead of trying to be the next Silicon Valley, generating profits for a few, these cities could mandate the use of a cooperative platform, whi…