Who Owns the Future?

by Jaron Lanier

vapid and neutral.

we eventually shouldn’t “pir...

it’s premature to condemn people who...

unfair to demand that pe...

when those same people are not paid for their participation in very lucr...

I would not ask for it until there’s reciprocity.

What matters most is whether we are contributing to a system that will be good for us all in the long term.

exactly

we should perceive an early warning

Copying a musician’s music ruins economic dignity.

it does mean that the musician is restricted to a real-t...

but not paid for music one has recorde...

into a peasant’s dilemma.

there’s no buffer.

cannot perform and ca...

a buffer is a social security net

fall apart suddenly because of a spate of bad luck.

Back to amplifying noise... The reason of which we would want to buffer against is that the more we can cushion the verities vagaries (varieties?) of natural selection at the biological level, the more variety of brains at the cultural level we have to discover strange attractors. the divine eclat

almost everyone living a real-time economic life falls on hard times.

invariably create persistent wealth from the information that is copied,

wealth goes to the central server.

endlessly copyable.. mortgage

whenever a physical, or “mechanical” copy of a music recording is made. This was a hard-won levee for earlier generations of musicians.

the homeowner suffers a reduced chance at access to wealth.

*/ I wonder how exactly that is?

promise to repay the loan is copied,

the value of the homeowner’s original copy is reduced.

how still?

the promise of the homeowner to repay the loan can only be made once, but that promise, and the risk that the loan will not be repaid, can be received innumerable times.

end up paying for that amplified risk, somehow.

eventually turn into higher taxes (to bail out a financial concern that is “too big to fail”), reduced property values in a neighborhood burdened by stup...

scarce for all but those with the abs...

once all the remote recipients of the promise to repay ha...

the wealthiest nations can have trouble holding o...

ideologically speaking I wonder if the case for the US losing their credit rating I was simply that if we were not in full standing, maxed out in accolades, what would the world be coming to?

as opposed to the fantasy of the ...

disreputable to the point that lenders don’t want...

it’s so ...

no immediate

just a setting of bits

siren servers

There Can’t Be Complexity Without Ambiguity

We are aware of emergent, complex problems like global climate change only because of how much data there is.

hard to confirm that such broad problems definitely exist.

Then, even if a consensus emerges about existence, it is hard to test remedies.

doesn’t mean that people will agree about...

a particular way of digitizing economic and cultural activity will ultimately shrink the economy while concentrating wealth and power...

that ambiguity is completely typical of how problems present themselves

true in one instance or another, I argue it is false in the big picture.

If network technology is supposed to be so good for everyone, why has the developed world suffered so much just as the technology has become widespread?

Was it a coincidence?

more ways to spend money on their medical care than ever before.

simple answer to the mystery: Finance got networked in the wrong way.

big kinds of computation

“efficient” from a particular p...

applied to f...

It made finance...