Ben Tarnoff, Guardian; Data is the new lifeblood of capitalism – don't hand corporate America control
"Over the past year, a growing number of people have come to realize that data has a dark side. The information revolution has turned out to be something less than total liberation. The digital sphere is not intrinsically democratic; rather, what matters is who owns it and how it’s organized.
The digitization of everything has made this abundantly clear. As more of our lives are made into data, the companies that control that data have grown rich and powerful. It’s not merely that they know so much about us, from our favorite type of toilet paper to our favorite type of porn. It’s that they use what they know to inform algorithmic decisions that have a significant impact on society as a whole –decisions like what kind of news (if any) we consume, or how long we go to prison.
But the stakes are even higher. The emphasis on personal data has obscured the fact that data is not just personal – it’s commercial, industrial, financial. The reason that corporations are so concerned about who controls the packets that flow through the world’s fiber-optic cables is because a vast array of profit-making activities now depends on them."
Showing posts with label digitization of information. Show all posts
Showing posts with label digitization of information. Show all posts
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