monetisetheweb (ThoughtStorms)

Context : IntellectualCapital

An interesting argument from JaronLanier

He says that free / TheAgeOfAmateurs is really an age where those with the fastest computers / biggest servers (InternetPlayas) exploit everyone else.

Makes an analogy to the bad effects of FinancializationOfTheEconomy where a few dominant players export risk OnRisk to everyone else. Here the super-sites exploit everyone else's free labour.

Instead he advocates radical re-moneterisation : making all information something to pay for, recreating an economy where many in TheMiddleClass have jobs producing and manipulating it.

Even government should have to pay for surveillance information which would keep the AlwaysOnPanopticon in check.