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In the event that something a person says or does contributes even minutely to a database that allows, say, a machine language translation algorithm, or a market prediction algorithm, to perform a task, then a nanopayment, proportional both to the degree of contribution and the resultant value,…

Even the most successful players of the game are gradually undermining the core of their own wealth. Capitalism only works if there are enough successful people to be the customers. A market system can only be sustainable when the accounting is through enough to reflect where value comes from, whic…

If information age accounting were complete and honest, as much information as possible would be valued in economic terms. If, however, "raw" information, or information that hasn't yet been routed by those who run the most central computers, isn't valued, then a massive disenfranchisement will tak…

An amazing number of people offer an amazing amount of value over networks. But the lion's share of wealth now flows to those who aggregate and route those offerings, rather than those who provide the "raw materials." A new kind of middle class, and a more genuine, growing information economy, coul…

[...] People are not just pointlessly diluting themselves on cultural, intellectual, and spiritual levels by fawning over digital superhuman phenomena that don't necessarily exist. There is also a material cost.

People are gradually making themselves poorer than they need to be. We're setting up…