possibly relevant for my dissertation
The commodification of information means the enslavement of the world to the interests of those whose margins depend on information's scarcity, the vectoral class. The many potential benefits of free information are subordinated to the exclusive benefits in the margin. The infinite virtuality of the future is subordinated to the production and representation of futures that are repetitions of the same commodity form.
Production produces not only the object as commodity, but also the subject who appears as its consumer, even though it is actually its producer. Under vectoralist rule, society becomes indeed a "social factory" which makes subjects as much as objects out of the transformation of nature into second nature. "Labouring processes have moved outside the factory walls to invest the entire society." The capitalist class profits from the producing class as producer of objects. The vectoralist class profits from the producing class as consumer of its own subjectivity in commodified form.
great way of understanding audience commodification. from Hardt and Negri's Labour of Dionysus
The vetoralist class contributes, unwittingly, to the development of the vectoral world within which the gift as the limit to property could return, but soon recognizes its error. As the vectoral economy, develops, less and less of it takes the form of a public space of open and free gift exchange, and more and more of it takes the form of commodified production for private sale. The vectoralist class can grudgingly accommodate some margin of public information, as the price it pays to the state for the furtherance of its main interests. But the vectoralist class quite rightly sees in the gift a challenge not just to its profits but to its very existence. The gift economy is the virtual proof for the parasitic and superfluous nature of vectoralists as a class.
Referring to FLOSS and similar ventures
What may be free from the commodity form altogether is not land, not capital, but information. All other forms of property are exclusive. The ownership by one excludes, by definition, the ownership by another. The class relation may be mitigated, but not overcome. The vectoralist class sees in the development of vectoral means of production and distribution the ultimate means to commodify the globe through the commodification of information. But the hacker class can realize from the same historic opportunity that the means are at hand to decommodify information. Information is the gift that may be shared without diminishing anything but its scarcity. Information is that which can escape the commodify form altogether. Information escapes the commodity as history and history as commodification. It frees abstraction from its commodified phase.
The vectoralist class discovers--irony of ironies!--a scarcity of scarcity. It struggles to find new "business models" for information, but ends up settling for its only reliable means of extracting a surplus from its artificial scarcity, through the formation of monopolies over every branch of its production. Stocks, flows and vectors of information are brought together in vast enterprises, with the sole purpose of extracting a surplus through the watertight commodification of all elements of the process. By denying to the producing classes any free means of reproducing their own culture, the vectoralist class hopes to extract a surplus from selling back to the producing classes their own souls. But the very strength of the vectoralist class--its capacity to monopolize the vector, points to its weakness. The only lack is the lack of necessity. The only necessity is the overcoming of necessity. The only scarcity is of scarcity itself.
in 334, he continues this point: eventually the vectoralist class will produce "a means of domination over the world that comes to dominate even its own exertions"
[...] When I last checked, there were more than 600 castles available, with prices often approaching $10,000 a night. There is absolutely nothing wrong with this, but the techno-utopianism behind its origins and narrative has long been passed by economic reality. In some cases, the sharing economy has turned what might have once been a casual favor into a financial transaction. That is hardly the stuff of "sharing." In most cases, sharing-economy businesses are just businesses. Brian and Joe didn't share their spare air mattresses; they rented them out. To the extent that there is an underlying ideology, it is not about sharing or creating community around the breakfast table; it is the economic theory of neoliberalism, encouraging the free flow of goods and services in a market without government regulation.
[...] Uber is developing a ride-sharing model that aspires to take 1 million cars off the streets of London while creating 100,000 jobs. Even if it comes near a fraction of this goal, it is still all for the good for reducing carbon emissions and for employment.
his critique of Airbnb is good, his praise of Uber not so much
[...] "Before Uber there was in Milan, Italy, in Lyon, France, two or three mini-cab companies that used to compete [...] They've all ceased to exist. The same thing will happen all over the world. You will still have drivers. But that's the most unskilled job in the line. The rest of the money will flow to Uber shareholders in Silicon Valley. So a huge chunk of the Italian GDP just moved to Silicon Valley. With these platforms, the Valley has become like ancient Rome. It exerts tribute from all its provinces. The tribute is the fact that it owns these platform businesses. Every classified ad in Italy used to go into a town newspaper. Now it goes to Google. Pinterest will basically replace magazine sales. Now Uber dominates transport."
[...]
This is an alarming trend, and to an extent, Charlie is right. There's value leaving local hubs and heading to Silicon Valley. But the drain is mitigated by a few factors. First, there is the near-inevitable fact that the large platforms in Silicon Valley will be going public. Their ownership will be much more distributed than those locally owned cab companies, and many of the beneficiaries of those early investments are pension funds that invest in the big venture capital and private equity funds. Those pension funds manage the retirement funds for people in the working class like teachers, police officers, and other civil servants. This doesn't fully account for the loss, and it doesn't negate the irony that the people driving cars for Uber don't have pensions, but it's worth noting in the face of Charlie's predictions. Also important is the fact that there is indeed new value being created in local hubs whenever platforms like Airbnb become an option.
quoting someone named Charlie Songhurst, who makes some good points in criticising tech (the tributary metaphor is especially compelling) even if I think he's wrong about pinterest
Ross' response is absolutely awful, though. pension funds? really? notwithstanding my own individual qualms with the current pension system, how on earth is this going to help people who lose their jobs NOW, most of whom won't have bigger pensions as a result? i dont even know where to begin with this. plus he presupposes the necessity of VC firms in general
The opportunity to work on a project-by-project basis involves trade-offs. There is more independence and flexibility but fewer worker protections and rights. This too tends to skew toward the preferences of younger workers who are less focused on entitlement programs and who don't enter the workforce expecting to have just a few employers over their lifetime.
This might be manageable if the laborer is providing very expensive, highly sought-after engineering skills, but if you are a janitor, having to migrate from a full-time employer with benefits such as workers' compensation and health insurance to brokering your services on a sharing-economy platform will lead to less well-being. When the janitor has to list his spare bedroom on Airbnb, it is not supplemental income--it is survival income. As workers enter middle age and have kids, the need for benefits grows. If more of the labor force is sharing economy-based temporary employment without benefits, it hammers the working class and pushes them into safety net programs. For all the efficiencies of the sharing economy, toward the end of the life or if a worker becomes sick or injured, the responsibility of government increases. Worker protections have shifted from employers to taxpayer-funded government solutions.
Yet as these economic changes take place [...] the role of the state as a regulator has been diminished.
As the sharing economy grows as a share of the total economy, the safety net needs to grow with it. It's a necessary cost for allowing loose labor markets to work without much regulation, and if it generates enormous amounts of wealth for the platform owners, then the platform owners can and should help pay for added costs to society.
DISS: supplemental vs survival income
he should really go deeper into the reasons why younger people are less focused on entitlement programs (could it be because ... they don't expect them? because few employers offer decent ones anymore?)
at least he recognises this I guess, though obvs his solution is the most milquetoast & supplicating thing ever
Who owns the data is as important a question as who owned the land during the agricultural age and who owned the factory during the industrial age. Data is the raw material of the information age.
Correlations made by big data are likely to reinforce negative bias. Because big data often relies on historical data or at least the status quo, it can easily reproduce discrimination against disadvantaged racial and ethnic minorities. The propensity models used in many algorithms can bake in a bias against someone who lived in the zip code of a low-income neighborhood at any point in his or her life. If an algorithm used by human resources companies queries your social graph and positively weighs candidates with the most existing connections to a workforce, it makes it more difficult to break in in the first place. In effect, these algorithms can hide bias behind a curtain of code.
[...] it is largely unregulated because we need it for economic growth and because efforts to try and regulate it have tended not to work; the technologies are too far-reaching and are not built to recognize the national boundaries of our world's 196 nation-states.
Yet would it be best to try to shut down these technologies entirely if we could? No. Big data simultaneously helps helps solve global challenges while creating an entirely new set of challenges. [...]
he's falling into the same trap that Evgeny Morozov describes people falling into re: the Internet: thinking of it as this one amorphous thing. instead, we have to treat it as just another tool, and isolate the use cases