Commercial platforms cannot prioritise the ideals of a liberal public sphere, much less the principle of popular sovereignty, over the profit motive. Introduction The information technology sector broadly defined is now at the leading edge of the capitalist system. Material production and distribution, enterprise and professional management, finance, insurance and real estate are all increasingly […]
Our humanity needs to develop at the same speed as our technology
In the future of economics, one of the key defining criteria has to be that the incentive of every agent in the living system, at least in theory, has to be aligned with the well-being of every other agent, every other person and every other living thing. The way we view working life is influenced […]
Mastering the Learning Pyramid
The static world of skills – We’re focusing on the wrong thing. Focusing on skills betrays a static view of the world. The assumption is that if we acquire certain skills, we will be protected from the onslaught of the robots and the rapidly changing world around us. It ignores the fact that the average half-life […]
Cryptocurrency mining affects over 500 million people. And they have no idea it is happening.
What is not emerging is a truly different business model for 21st Century media. Clay Shirkey said Society doesn’t need newspapers. What we need is journalism. Real ‘fake news’ is just simply lying – it is shaping the concept of what is ‘news’ based on what the purpose of publishing news is for. For at least a century – […]
IMF head foresees the end of banking and the triumph of cryptocurrency
“In the long run, the technology itself can replace national monies, conventional financial intermediation, and even “puts a question mark on the fractional banking model we know today.” In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as […]