Kimberly Nicholas

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Cloud Fiefs are digital trading platforms on which buyers and sellers are matched by the algorithms of cloud capital. While they look like markets, their perfect centralisation (achieved by the algorithm’s power to match and to determine the full information set of each buyer and each seller) renders them a form of cloud fief belonging to whoever owns the algorithm or cloud capital which (a) built the platform and (b) attracts cloud serfs to play the role of buyers (as well as contributors to its cloud capital) and vassal capitalists in the role of sellers. 9.2.2 Vassal Capitalists are ...more
Technofeudalism: What Killed Capitalism
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