Who Owns the Future?
Books | Business & Economics / Economics / General
Jaron Lanier
The “brilliant” and “daringly original” (The New York Times) critique of digital networks from the “David Foster Wallace of tech” (London Evening Standard)—asserting that to fix our economy, we must fix our information economy.Jaron Lanier is the father of virtual reality and one of the world’s most brilliant thinkers. Who Owns the Future? is his visionary reckoning with the most urgent economic and social trend of our age: the poisonous concentration of money and power in our digital networks. Lanier has predicted how technology will transform our humanity for decades, and his insight has never been more urgently needed. He shows how Siren Servers, which exploit big data and the free sharing of information, led our economy into recession, imperiled personal privacy, and hollowed out the middle class. The networks that define our world—including social media, financial institutions, and intelligence agencies—now threaten to destroy it. But there is an alternative. In this provocative, poetic, and deeply humane book, Lanier charts a path toward a brighter future: an information economy that rewards ordinary people for what they do and share on the web.
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Author
Jaron Lanier
Pages
396
Publisher
Simon and Schuster
Published Date
2014-03-04
ISBN
1451654979 9781451654974
Ratings
Google: 5
Community ReviewsSee all
"Not a fan. The premise of this book is that "big data" companies are automating everything and destroying jobs by aggregating peoples' data and using it to refine their "algorithms," as well as spying on people and reselling their info. This gives all the value to the companies while shifting all the risk to the users. This will cause economic collapse in the future as the winners in this winner-take-all system get super wealthy and everyone else loses their purchasing power. Lanier proposes that we solve this problem by giving everyone micropayments whenever their data is used in an algorithm. Why didn't I think of that?! Maybe because:<br/><br/>1) Most obviously, this would be practically impossible to verify / enforce<br/>2) More importantly, plenty of automation / job-destroying companies don't use any sort of user-based machine learning technology. For example, TurboTax makes many accountants redundant but doesn't require any machine-learning voodoo.<br/><br/>The tone of the book is also ridiculous. Go read "Race Against the Machine" instead."