24 MAY 2013 by ideonexus
Information Aggregation as Oppression
More and more ordinary people are thrust into a winner-take-all economy. It is a 21st century reprise of the Horatio Alger stories from the 19th century. A token few will find success on Kickstarter or YouTube, while overall wealth is ever more concentrated and social mobility rots. Social media sharers can make all the noise they want, but they forfeit the real wealth and clout needed to be politically powerful. Real wealth and clout instead concentrate ever more on the shrinking island occ...Provocative idea from Lanier that by contributing to social networking sites and financial aggregates we are enslaving ourselves for other's gain.