by
Jaron Lanier
29
Money as Seen Through One Computer Scientist's Eyes
0
terms
1
notes
35
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)
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)