Description

The respected Italian economist and journalist offers a bold and provocative argument that the speed of technological transformation is threatening our future. At the dawn of the digital revolution, the internet was going to be the great equalizer, a global democratic force. Instead, with the money printed electronically to bail out banks, Wall Street ended up funding a new breed of serial capitalists, the Techtitans, who embraced rapid, transformational change while stripping their workers of rights and enriching themselves beyond anybody''s wildest imagination; and the Space Barons, who mine new frontiers for precious resources. Then came the gig-economy, another supposed digital equalizer, where everybody was his or her own boss, but it was just another illusion. Tech pioneers like Google, Facebook, Apple, Uber, and Microsoft never had any intention of spreading democracy. Those who control and own the technology are the absolute masters. As artificial intelligence enters the labour

Technocapitalism

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Paperback by Loretta Napoleoni

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The respected Italian economist and journalist offers a bold and provocative argument that the speed of technological transformation is threatening... Read more

    Publisher: Seven Stories Press UK
    Publication Date: 4/18/2024
    ISBN13: 9781911710097, 978-1911710097
    ISBN10: 1911710095

    Non Fiction , Politics, Philosophy & Society

    Description

    The respected Italian economist and journalist offers a bold and provocative argument that the speed of technological transformation is threatening our future. At the dawn of the digital revolution, the internet was going to be the great equalizer, a global democratic force. Instead, with the money printed electronically to bail out banks, Wall Street ended up funding a new breed of serial capitalists, the Techtitans, who embraced rapid, transformational change while stripping their workers of rights and enriching themselves beyond anybody''s wildest imagination; and the Space Barons, who mine new frontiers for precious resources. Then came the gig-economy, another supposed digital equalizer, where everybody was his or her own boss, but it was just another illusion. Tech pioneers like Google, Facebook, Apple, Uber, and Microsoft never had any intention of spreading democracy. Those who control and own the technology are the absolute masters. As artificial intelligence enters the labour

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