A blog about making culture. Since 1999.
How Markdown took over the world - Anil Dash
A blog about making culture. Since 1999.
Fast Capitalism | Mavs Open Press Open Access Journals | University of Texas at Arlington
Fast Capitalism is an academic journal aimed at describing the current moment of capitalism. We publish peer reviewed scholarship and essays about the impact of rapid information and communication technologies on self, society and culture in the 21st century. Our authors examine how heretofore distinct social institutions, such as work and family, education and entertainment, have blurred to the point of near identity in an accelerated, post-Fordist stage of capitalism. This makes it difficult for people to shield themselves from subordination and surveillance. The working day has expanded; there is little down time anymore. People can 'office' anywhere, using laptops and cells to stay in touch. But these invasive technologies that tether us to capital and control can also help us resist these tendencies. People use the Internet as a public sphere in which they express and enlighten themselves and organize others; information technologies afford connection, mitigate isolation, and even make way for social movements. We are convinced that the best way to study an accelerated media culture and its various political economies and existential meanings is dialectically, with nuance, avoiding sheer condemnation and ebullient celebration. We seek to shape these new technologies and social structures in democratic ways. We look at technology, Artificial Intelligence (AI), global flows, political economy, culture and cultural studies, social theory, political theory, intersectionality, and the envionrment.
How we’ll fight the platform war against Big AI - Anil Dash
A blog about making culture. Since 1999.
How we’ll fight the platform war against Big AI - Anil Dash
A blog about making culture. Since 1999.
The Future of Money: How the Digital Revolution Is Tran…
A cutting-edge look at how accelerating financial chang…
The Case for User Agent Extremism - Anil Dash
A blog about making culture. Since 1999.
Hype, financial narratives, and self-fulfilling prophecies in surveillance capitalism
The rise of platforms has transformed our understanding of contemporary capitalism, with the critical literature describing how these firms leverage unprecedented digital powers to extract monopoly rents – perhaps even heralding a new form of Feudalism. This paper draws on the literature on financial narratives to examine the role that such stories play within the form of capitalism that they describe, and what this suggests for the role of “hype” in contemporary capitalism. The same stories that for critical scholars appear as menacing threats of “technofeudalism” or “surveillance capitalism” for investors appear as optimistic stories of promising future returns. By driving financial investments, narratives afford platforms very real social and political powers, enabling them to function as a form of self-fulfilling prophecies. The paper argues for a cultural inflection to the political economy of Big Tech – viewing capitalism as neither mechanistic nor rational, but as an expression of a complex interplay between narrative, technology, and economic power. This suggests the need for a critical hype studies, geared at deconstructing the narratives undergirding the technological waves of capitalist pursuits, and examining the broader role of hype in coordinating and directing flows of capital within contemporary financialized capitalism.
