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The end of capitalism has begun

Posted on: by in Big Data, The Future
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I highly recommend you read this article: As a Free-Market Guy, I gotta say, this is one of the most interesting articles I’ve read in years. The author, Paul Mason is a Socialists who has correlated what could, most likely, be our global economic and political trajectory by clearly understanding our history and digital future.

This quote stood out for me,

“A study for the SAS Institute in 2013 found that, in order to put a value on data, neither the cost of gathering it, nor the market value or the future income from it could be adequately calculated. Only through a form of accounting that included non-economic benefits, and risks, could companies actually explain to their shareholders what their data was really worth. Something is broken in the logic we use to value the most important thing in the modern world.”

From my perspective, dealing inside big data and machine learning, it’s hard not to see the writing on the wall.

As Americans, we  are uniquely bestowed with our individual liberties by the greatest document in the world, The Constitution. No other Country has what we’re so lucky to have. The era of individual liberties in America will be seen as the Golden Years of Freedom. It’s just a matter of time before the technological shift makes us all a version of the Borg or in the Matrix as some say we already are. Whatever analogy you want to use, the trajectory is set.

What irks me is when I see geniuses like Stephen Hawking say, “Without a world government technology will destroy us”. Which is ridiculous. Why? Because most, not all, far from all, of the world’s sane, reasoned Adults know we cannot count on Politicians and Government Bureaucrats to be the saviors of much of anything except their own special interest.

It’s best to simply enjoy the ride with your eyes open and to be the change we hope for.