Spearthrower wrote:It's the same point many people from different disciplines have raised: the tenor of neo-liberalism has changed with the advent of big data. The citizen's just not that important any longer as the basal unit for which society is structured to serve.
That's an issue I've been taking note of for some time - the manner in which the über-rich have been seeking ways of decoupling themselves from any economic reliance upon the "plebs". Hence the increasing extent to which institutions such as the Stock Exchange are being turned into magic money trees for said über-rich.
Their ultimate aim is to build an entirely separate economy from that the rest of us live in. An economy that's based upon multiplying their billions via processes that make no actual contribution to the real economy, but which instead involve what can possibly be described as "accounting witchcraft". Actually making
products that the rest of us use, is something they're looking to get away from as quickly as possible, because that involves
costs before the revenue comes in, and worse still, involves giving money to the "plebs".
It's the reason they're spending so much money on AI and robots - their ultimate aim is to cut the"plebs" out of
any opportunity to make a living. Once they've achieved that aim, your guess is as good as mine what they'll seek to do with the "plebs" they've bullied out of the economy, and if your guess is darkly dystopian, it's probably correct.