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Who Owns the Future?

Jaron Lanier

448 Pages
2014

Who Owns the Future?

Simon and Schuster

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Who Owns the Future? - Summary

"Who Owns the Future?" by Jaron Lanier is a thought-provoking exploration of the impact of digital network technologies on our economy and society. Lanier, a pioneer in the field of virtual reality, argues that the current digital economy is eroding the middle class and concentrating wealth and power in the hands of a few tech giants. He proposes a new information economy where individuals are compensated for the data they generate, thus redistributing wealth more equitably.

Key Ideas

1

The Impact of Digital Networks on the Economy

Lanier discusses how digital networks have transformed the economy, often to the detriment of the middle class. He explains that while technology has created immense wealth, it has also led to job losses and income inequality. The book highlights the need for a new economic model that fairly compensates individuals for their contributions to the digital economy.

2

The Concentration of Wealth and Power

The book delves into how a few tech companies have amassed significant wealth and power by controlling vast amounts of data. Lanier argues that this concentration of power is harmful to society and democracy. He advocates for a more decentralized and equitable distribution of wealth generated by digital technologies.

3

A New Information Economy

Lanier proposes a radical shift in how we think about data and compensation. He suggests that individuals should be paid for the data they generate, which would help redistribute wealth and create a more balanced economy. This idea challenges the current free model of the internet and offers a vision for a fairer digital future.

FAQ's

Jaron Lanier argues that the current digital economy is eroding the middle class and concentrating wealth and power in the hands of a few tech giants. He proposes a new information economy where individuals are compensated for the data they generate, thus redistributing wealth more equitably.

Lanier advocates for a more decentralized and equitable distribution of wealth generated by digital technologies. He suggests that individuals should be paid for the data they generate, which would help redistribute wealth and create a more balanced economy.

The book offers a unique perspective on the impact of digital network technologies on our economy and society. It provides insights into how we can create a more just and sustainable digital world, making it essential reading for anyone interested in the future of technology and its implications for society.

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