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What the author fails to comprehend is the base has phase shifted into economies of network effects while the superstructure still views them as "just larger in
by aaron-santos 5y ago
What the author fails to comprehend is the base has phase shifted into economies of network effects while the superstructure still views them as "just larger industrial scale". This contradiction will resolve itself eventually. What the author fails to comprehend is the magnitude of this separation and the severity of the correction when it does occur.
There's more easily refuted points too. The figured titled "How it will really go" is an apologia for the current system. In the last twenty years we have seen real material losses for the majority of people. Access to healthcare, education, and housing has shrunk. To put it simply, we have first hand evidence that there is not a rising tide lifting all boats.
What he does get right, he doesn't correctly consider the consequences of. Privacy will continue to be eroded in order to optimize network-effect oriented businesses. People will be forced into this because the current economic incentives will not change. There simply isn't an environment for anything else. What he fails to consider all of the rewards for this aren't incentivized in the system and therefore are easily cast aside once privacy has been eliminated. They may exist as carrots now, but without systemic incentives for them to exist, they won't last. His new social contract is based on a bait and switch.
As a whole it comes off as completely out of touch with the material conditions of everyday people. On the other hand, it's his job not to understand.