Listen "Wealth, the Middle Class and the Shape of Networks"
Episode Synopsis
Many argue that the internet has destroyed more jobs than it’s created, and that as such our information economy has obliterated the middle class. The common “solution” proposed for this problem is to create systems that pay users for their data. If you join Twitter or Facebook (Meta) then you should somehow be compensated since it’s your data that make these companies successful. This is the argument Jaron Lanier makes in his book Who Owns the Future. I will argue that compensating users for data is a non-solution because of the way networks convert user data into product features. I will argue that rather than compensate users for their data it makes more sense to change the network topology such that more people can create lucrative enterprises under the current model.Support the showBecome a premium member to gain access to premium content, including the Techniques and Mindsets Videos, visual concept summaries of each episode, community forum, episode summary notes, episode transcripts, q&a/ama sessions, episode search, watch history, watch progress and support.Join Now at nontrivialpodcast.com or patreon.com/8431143/join
More episodes of the podcast NonTrivial
Spend Before You’re Rich
18/09/2025
Finding Peace in the How, Not the What
14/09/2025
Essence Generates Abundance
05/09/2025
Relentlessness is the Mother of all Skills
22/08/2025
Chase Patterns, Not Your Reasons for Them
29/07/2025
Stop Prioritizing
21/07/2025
Doing It All in a Day: Nature’s Way
11/06/2025
Balance is the Decision
06/06/2025
Reading as Mental Training, and More
23/05/2025
Build Your Life, Literally
07/04/2025