He discusses the suffering of wealth distribution, recoveries that don’t have jobs included to start out. The internet is not helping but rather is hurting. We have not seen an explosion of wealth, but rather more a seeking of attention, and he specifically talks about the media being affected by this phenomena. He states we have failed the tests of realities, but it really doesn’t work. I have a post on that one from a while back as well which refers to the confusion we have out there today with people not being able to tell the difference between virtual world values and the real world. It’s been a pretty popular post.
Virtual Worlds, Real World We Have A Problem And It’s A Big One With A Lot of Gray Areas Finding Where The Defining Lines Exist, Confusing Many With A Lot of Weird Values And Strange Perceptions…
Who owns the data? The data we produce is a very strange object he continues on. Information is very valuable to only designated people who are allowed to buy it and the rest of us are excluded. We have no power at all as consumers. The third parties control our information and there are several types, like the NSA for the government role, the consumer agencies, but the most important are the banks and financial industries he says are the most important where people don’t focus on it.
It’s not behavior modification is behavior restriction and boy do we see that played on the web and marketed all the time. Google is not an advertising company as they don’t make their money with ads and he says that Google and Facebook are more of a function of restricting your options, behavioral option management is the description he uses. He states it’s like putting blinders on us with micro-managing and making money controlling what people know about.
Big data itself can be extremely useful he says and it’s not the problem, it’s the use of Big Data that can be the issue. He gets the same confusion I get with people thinking I’m not pro-technology when I am, it’s just again the methodologies used with Big Data. Anonymization is stupid and not really possible. Figuring out what data is worth is hard to do he says, especially with 3rd parties. It’s hard to know how much people are paying for data and how much money they are making. All the folks in the tech business know who Jaron Lanier is as he speaks at Microsoft, Google and many other big tech companies.
He states we are destroying economic growth right now. Here’s another one of my posts that relates to the same topic..the direct correlation. BD