add to the list if you wish
50% of the tech industry is running businesses that service these four scams a la merchants who sold jeans and shovels to gold miners in the 1800s
self-guided vehicular death machine
attention manipulation machine
large revenge porn model
semi-automated, adaptively planned, maximally exploitative logistics[] Ponzi Schemes
[] Pyramid Schemes
[] Coaching Scams
[] Pump and Dump Scams
[] Scams
[] Scams guaranteed by other scams
[] Scams guaranteed by because we said so
[] Scams coat tailed by billionaires
[] An economic system that promotes and rewards money laundering and tax avoidance by dumping money in high risk, no backing companies
[] Scams that allow billionaires to threaten the global economy when the above option slows down, all with federal parachutes
[] ScamsFake money for criminals (and North Korea to avoid inhumane sanctions) is the cool usage.
Speculative assets for all and the worthless virtual trading cards was the bad part of it.
I don’t have a quippy name for it, but the fact that people initially used the internet primarily for gathering around mutual interests and gifting their labor to their communities for free. That still exists, but they added all this social and financial infrastructure to encourage people to commodify this labor, too. I know that Marx talked about a lot of this so it’s not new. But it still sucks to see how all-consuming capitalism is in real-time.
enclosure of the commons? most tech money was made around patenting stuff that was previously freely available
Yeah there’s plenty of old school marxist and economic language for it. It’s nothing super new. Maybe there’s something unique about how the bottleneck to scale it does seem to be attention rather than physical space.
Also using public resources for private gain whether literal publicly funded infrastructure or pooled collective knowledge that aids in profit making for a select few.
this is reminding me of the "Richard Scarry's 21st Century Busytown Jobs"
specifically, "web design complicator so that users will accidentally click on ads"
Plagiarism machine, at least it's mostly harmless, unlike the others
For some reason its the one people are most mad about though.
I'm not saying they shouldn't be mad at all. This shit sucks.
- Omnipresent spying
- Digital genocide direction
- Murderous ambush of LGBT people through promise of finding love
