Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years ago

Maxwell's Demon for insurance

[...] a Siren Server might allow only those who would be cheap to insure through doorway (to become insured) in order to make a supernaturally ideal, low-risk insurance company. Such a scheme would let high-risk people pass one way, and low-risk ones pass the other way, in order to implement a pho…

—p.56 Who Owns the Future? "Siren Servers" (53) by Jaron Lanier
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9 years ago

was it a coincidence?

[...] If network technology is supposed to be so good for everyone, why has the developed world suffered so much just as the technology has become widespread? Why was there so much economic pain at once all over the developed world just as computer networking dug in to every aspect of human activit…

—p.53 "Siren Servers" (53) by Jaron Lanier
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9 years ago

economic dignity

Copying a musician's music ruins economic dignity. It doesn't necessarily deny the musician any form of income, but it does mean that the musician is restricted to a real-time economic life. That means one gets paid to perform, perhaps, but not paid for music one has recorded in the past. It is one…

—p.51 The Ad Hoc Construction of Mass Dignity (37) by Jaron Lanier
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9 years ago

markets are an information technology

Markets are an information technology. A technology is useless if it can't be tweaked. If market technology can't be fully automatic and needs some "buttons", then there's no use in trying to pretend otherwise. You don't stay attached to poorly performing quests for perfection. You fix bugs.

And…

—p.45 The Ad Hoc Construction of Mass Dignity (37) by Jaron Lanier
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9 years ago

the middle class is good for the rich

The prominence of middle classes in the last century actually made the rich richer than would have a quest to concentrate wealth absolutely. Broad economic expansion is more lucrative than the winner taking all. Some of the very rich occasionally express doubts, but even from the most elite perspec…

—p.43 The Ad Hoc Construction of Mass Dignity (37) by Jaron Lanier