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The displaced worker at the bookstore/recordstore becomes a Farmville-loving, unpaid-content-producing, at-home-living, virtual-goods-buying, ad-viewing serf, k
by rphlx 15y ago
The displaced worker at the bookstore/recordstore becomes a Farmville-loving, unpaid-content-producing, at-home-living, virtual-goods-buying, ad-viewing serf, kept alive by a wealthy technical elite merely to keep the system running. Welcome to The Matrix!
- paganel 15y agoI don't know why you've been downvotted. Anyway, I said it before, the question remains: with which money will these unemployed people buy shiny new things? Because Government handouts won't cut it.
- rphlx 15y agoTo me, that is the real business model innovation of social/web2.0 - college students will just move back home, saddled with debt, and entertain each other on a site you control, generating revenue for you. Their parents will fund their basic needs, at least until they themselves die or run out of credit, government subsidies, etc. It was not designed to be sustainable -- it was designed to extract as much wealth as possible for its founders, as quickly as possible, before war/peak oil/or whatever hits.