Comments by "gerhard7" (@gerhard7323) on "Yanis Varoufakis: Welcome to the age of technofeudalism" video.

  1. This was the day my opinion of Yanis Varoufakis plummeted. All powerful, unaccountable technological super elites I'm fully on board with - the evidence is irrefutable - but once someone starts preaching about listening to those with whom we disagree and challenging orthodoxies whilst simultaneously resorting to cheap vicious ad womenems, as he did with Braverman at the end there, I'm seriously left wondering quite how sincere this man is.
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  2. You will own nothing and you will be happy right? What we're really talking about here in 'next stage capitalism' is the inevitable rise of a supercharged, all powerful rentier class. A super rich tiny minority with an unassailable technological monopoly serviced by a select few with highly specialist skills. Our transition to becoming essentially impotent mere consumer units for profit is near complete. Turn on and tune in, basically, because dropping out isn't going to be an option.
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  3. These privately owned cloud platforms and their exclusively controlled markets are, to all intents and purposes, slowly assuming the roles of elected governments. Like governments they are largely agnostic about what is being peddled on their 'platforms' just so long as long as they can extract their tithe for the privilege of access to their architecture. Like government, the risk is essentially transferred in its entirety to the producers and sellers ie should they fail in 'the market' another one will come along to replace them from which to extract said tithe. The big issue, of course, is how are these new markets regulated, by whom and how are they accountable to society at large?
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  4. When Lord Byron went to Greece without a passport international travel was very much the exclusive preserve of the wealthy, the highly educated and well connected ie it was a niche endeavour to say the least. Not only that the global population has grown massively since then and so have the means for the masses to travel further, more quickly and more cheaply. The world is much, much smaller for way more people than it was in Byron's time. Love to hear Yanis's views, but he's way off the mark here and his deeply personal comments over Braverman are way beneath his usual level.
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  5. Freddie's great, but you can't, if what Yanis is claiming is true, say that something is idealistic pie in the sky if there's concrete evidence of it working in practice somewhere.
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  6.  @softcolly8753  Well it either happened when he worked in the US or he was lying.
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  7. There's are good reasons why the Tony Blair Institute is being funded to the tune of tens of millions by Larry Elliott of Oracle and it's not because of Bliar's winning smile (or rictus grin). These people understand that vast databases are the future and where it's at.
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