1 Matching Annotations
- Aug 2023
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www.pewresearch.org www.pewresearch.org
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I’m going to start with the U.S.; 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.
- for: corporate power, technology - capitalism, capitalism - exploitation, Danah Boyd, progress trap
- paraphrase
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- 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.
- technology in the U.S. is caught up in American late-stage (or financialized) capitalism
- author: Dana Boyd
- principal researcher, Microsoft Research
- founder, Data & Society
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