by
Jaron Lanier
The recent breakdowns of finance can be understood as the symptoms of a fallacious hope that information technology can make promises on its own, without people.
that's one way of looking at it, but i think his POV is way too mediated by technological considerations ... there are more fundamental political/economic elements at play, which he glosses over (he never mentions the geopolitical reasons behind the ascent of financialisation in the first place)