Preventing Digital Feudalism
Mariana Mazzucato,
Project Syndicate,
Oct 11, 2019
"Creating an environment that rewards genuine value creation and punishes value extraction is the fundamental economic challenge of our time," writes Mariana Mazzucato. "Algorithms and big data could be used to improve public services, working conditions, and the wellbeing of all people. But these technologies are currently being used to undermine public services, promote zero-hour contracts, violate individual privacy, and destabilize the world's democracies." Quite so. The question is whether this is a legislative challenge or a technological challenge.
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