this post was submitted on 01 Dec 2024
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The Beginning of the End of Big Tech (www.wired.com)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 17 points 14 hours ago* (last edited 14 hours ago)

Yanis Varoufakis views Big tech as digital landlords in his book 'Technofeudalism" . He argues that they extract rents from owning the digital space as landlords did in the Middle ages while monetising our attention. They are not capitalists in the sense that they don't sell goods and services for profit but rather control the environment where others buy and sell.

It's an interesting take on where we are and how dystopian big tech has turned out to be.