29 min
Amazon is Just Walmart on Digital Drugs IFTF Blockchain Futures Lab
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- Technology
In Throwing Rocks at the Google Bus, Rushkoff examines the reasons why the digital economy – which was touted as a great democratizer – has left so many people behind, including even those within the tech industry. He lays out an alternate vision for a sustainable prosperity system he calls “digital distributism,” which makes use of the kind of peer-to-peer mechanisms that power Uber and Airbnb in a way that “optimizes the economy for the velocity of transactions between people rather than the accumulation of capital from people.” The role of blockchain technology to enable peer-to-peer transactional networks figures heavily in the brave new digital distributism world, says Rushkoff, because it allows individuals and small groups to route around the rent-seeking gatekeepers who corrupted the eco-system in the first place.
In Throwing Rocks at the Google Bus, Rushkoff examines the reasons why the digital economy – which was touted as a great democratizer – has left so many people behind, including even those within the tech industry. He lays out an alternate vision for a sustainable prosperity system he calls “digital distributism,” which makes use of the kind of peer-to-peer mechanisms that power Uber and Airbnb in a way that “optimizes the economy for the velocity of transactions between people rather than the accumulation of capital from people.” The role of blockchain technology to enable peer-to-peer transactional networks figures heavily in the brave new digital distributism world, says Rushkoff, because it allows individuals and small groups to route around the rent-seeking gatekeepers who corrupted the eco-system in the first place.
29 min