Increasingly, to oppose tech innovation is akin to defaulting on Enlightenment values. But there is a dark side to this gospel of digitalisation when it is closely aligned with financial motives|
For seven years, weve been held hostage to two kinds of disruption. One courtesy of Wall Street; the other from Silicon Valley. They make for an excellent good cop/bad cop routine: the former preaches scarcity and austerity while the other celebrates abundance and innovation. They might appear distinct, but each feeds off the other.
On the one hand, the global financial crisis and the ensuing push to bail out the banks desiccated whatever was left of the welfare state. This has mutilated occasionally to the point of liquidation the public sector, the only remaining buffer against the encroachment of the neoliberal ideology, with its unrelenting efforts to create markets out of everything. Continue reading...