Read or listen to Yanis explaining the concept he described as techno feudalism.
Comment on Are We Transitioning From Capitalism to Silicon Serfdom?
redfox@infosec.pub 7 months ago
Can someone explain why these organizations ‘undermine the economy and democracy’?
avidamoeba@lemmy.ca 7 months ago
Fudoshin@feddit.uk 7 months ago
redfox@infosec.pub 7 months ago
That’s probably a matter of perception on my part. In the US, I don’t see them that way. They still get called to the carpet by Congress and fined. Sometimes I think the fines are low enough they consider it just a cost of doing business.
I don’t think small nations have that same feeling, especially when dealing with a US based company, or a national customer base that’s large enough to make them feel it if they were lost.
Well, at least the EU is fighting on those fronts. Props to them.
dylanmorgan@slrpnk.net 7 months ago
They get yelled at by old men in procedures that typically make their interrogators look foolish at best, then are fined what amounts to a minor rounding error and change nothing. Because for the time being, congress and the donors that get congress elected benefit from the absurd profits being collected.
TransplantedSconie@lemm.ee 7 months ago
Right? All the fuckers yelling at them are 70-90 years old and don’t even understand the shit they are yelling at him about. They certainly understand how their portfolio is doing, though.