for stats - economic history - corporate power - 10 years - American Chamber of Commerce - from 60,000 to 250,000 members

• for: corporate power, technology - capitalism, capitalism - exploitation, Danah Boyd, progress trap
• paraphrase
• quote
  • technology in the U.S. is caught up in American late-stage (or financialized) capitalism
    • where profitability isn’t the goal;
    • perpetual return on investment is.
  • Given this, the tools that we’re seeing developed by corporations
  • reinforce capitalist agendas.
  • Innovation will require pushing past this capitalist infrastructure to achieve the social benefits and civic innovation that will work in the United States.
  • China is a whole other ball of wax.
  • If you want to go there, follow up with me. But pay attention to Taobao centers.
  • We haven’t hit peak awful yet.
  • I have every confidence that social and civic innovation can be beneficial in the long run
    • with a caveat that I think that climate change dynamics might ruin all of that
  • but no matter what, I don’t think we’re going to see significant positive change by 2030.
  • I think things are going to get much worse before they start to get better.
  • I should also note that I don’t think that many players have taken responsibility for what’s unfolding. -Yes, tech companies are starting to see that things might be a problem,
    • but that’s only on the surface. -News media does not at all acknowledge its role in amplifying discord,
    • or its financialized dynamics.
  • The major financiers of this economy don’t take any responsibility for what’s unfolding. Etc.
• author: Dana Boyd
  • principal researcher, Microsoft Research
  • founder, Data & Society