Monopolistic Internet Giants Threaten the Global Economy (Le Monde, France)

 

"If the development of artificial intelligence allows us to envisage less expensive production in the near future, will it be financially beneficial to the entire population, or will that remain the prerogative of the priests of the Internet and the major corporations? … It's hard to see what the purpose of civil servants, translators, insurance agents, brokers, salespersons, teachers and even (why not?) lawyers, doctors and pharmacists will be in two or three decades: all these jobs are being progressively replaced by artificial intelligence. All that will remain are modest manual or low-paid trades like those pursued by artists or craftsman. … Unfortunately, the Internet's inverted capitalism is today taking the form of a heavy black cloud that swells above. Let's not wait until it falls on our heads before making some changes!"

 

By Pierre Desjardins

                                      

 

Translated By Martyn Fogg

 

March 5, 2015

 

France – Le Monde – Original Article (French)

Free! That's the keyword that inspires all who, in their billions, surf the Web. According to a large number of experts, this information godsend represents the greatest revolution of the century - and it has only just begun. A better adapted and "cooler" form of capitalism will soon be in place.

 

"Big Brother" has lost his air of authority. He has taken on the look of a sympathetic and convivial friend who we can count on to know everything. Some even see in this sharing of information the advent of a new form of global socialism. Will the hippies of Silicon Valley through the birth of the Internet succeed in establishing a new social order? Many are convinced of it!

 

But don't be fooled: the "new deal" offered by the Internet is a sophisticated form of advanced capitalism, reinforcing itself through the gradual inversion of traditional norms. In this inversion, we are transformed into simple products that companies sell and share. They consume us by purchasing our data from huge Web servers just as we consumed their products at some point in the past.

 

Recall that in traditional capitalism, according to Adam Smith, the tension created between supply and demand activates and regulates the market. Now with the Internet, these two elements merge to form one single same thing. Before we have even asked what it is, thanks to the profiles that companies compile on us from Internet server data, we are already overwhelmed by offers to sell us things.

 

The game of supply and demand has been displaced

 

Inasmuch as we search for information that is seemingly "gratis," we also provide it. In fact, we supply these Web servers with an incredible amount. Innocently enticed into the bosom of free information, we are at once judiciously formatted into carefully sketched profiles via Internet algorithms.

 

Subsequently, these composite profiles are fashioned by the servers to be sold to companies. The capital gain now consists of the number of potential buyers of goods and services that a server can sell to businesses. The work of these servers consequently consists, therefore, in seducing is yet further by providing us with ever more free information.

 

 

The game of supply and demand has been displaced. It now exists in between Internet servers and enterprises of production. And soon it will be much more than a simple targeted customer database that these servers offer to meet the demands of these enterprises of production: it will be artificial intelligence as well. Note that Google alone now spends $10 billion a year on this. And that's only the beginning.

 

As for us, who have already been transformed into mere sales products, our freedom risks being even further reduced. Most of the work will be done less and less by human beings as it was under traditional capitalism, but by artificial intelligence. That means therefore, that it is not only our role as consumers which will escape us, but that of workers as well.

 

Historically, let's remember that it is the creation of the middle class and its access to consumption that saved capitalism from what Marx identified in his time as an economic system necessarily doomed to failure. So the question on the horizon is: in the long term, will this inverted form of capitalism allow for the maintenance of a sufficiently prosperous middle class? If the development of artificial intelligence allows us to envisage less expensive production in the near future, will it be financially beneficial to the entire population, or will that remain the prerogative of the priests of the Internet and the major corporations?

 

Monopoly situation

 

It is hard to see what the purpose of civil servants, translators, insurance agents, brokers, salespersons, teachers and even (why not?) lawyers, doctors and pharmacists will be in two or three decades: all these jobs are being progressively replaced by artificial intelligence. All that will remain are modest manual or low-paid trades like those pursued by artists or craftsman.

Posted By Worldmeets.US,

 

 

If things go on as they appear to be, one can already foresee that this form of inverted capitalism will eradicate much of the current middle class by tipping it into a no man’s land. Without employment this vast class will no longer be able to afford luxury of any kind. Deprived of so much of its added value as a source of profit, will this economic system remain viable?

 

It is extraordinary that such a small number of individuals have appropriated the knowledge of humanity. The monopolistic status of these Internet servers is becoming problematic. Currently [in Europe], Google, with revenues of $50 billion, controls 90 percent of the search engine market. Amazon and eBay control almost the entirety of Internet commerce. Should we not make a return to healthy competition?

 

Under the umbrella of the Internet giants, it is the entire economic sphere that urgently needs to be democratized. We should all enjoy the achievements of artificial intelligence that these huge servers today develop in secret with the largest corporations. Unfortunately, the Internet's inverted capitalism is today taking the form of a heavy black cloud that swells above. Let's not wait until it falls on our heads before making some changes!

 

*Pierre Desjardins is Professor Emeritus of Philosophy at Montmorency University College, Laval University, Quebec, Canada)

 

#google Tweets

 

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Estadao, Brazil: Explaining John Kerry's Shellacking in Brazil
Cuba Debate, Cuba: Castro: 'Who Was Paid to Lie' about Snowden Being Allowed in Cuba?
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People's Daily, China: America Must Come to the Table on Surveillance
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Savon Sanomat, Finland: Better For Finland that Obama Goes to Sweden
Yezhednevniy Zhurnal, Russia: Snowden: Kremlin Tool for Reducing U.S. Web Dominance
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Izvestia, Russia: South vs. North: Snowden's Place in History is Assured
Kommersant, Russia: Snowden's Presence May Scuttle Obama's Visit to Russia
Izvestia, Russia: 'Servile Europeans' Inflict Huge Insult on Bolivians
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La Stampa: Europe Will Rue Toppling Obama Over Snowden
The Hankyoreh, South Korea: What Hugo Chavez Would Say about U.S. Surveillance
Le Monde, France: French Big Brother is Watching You!
Guardian, U.K.: The NSA's Indiscriminate Mass Spying on Brazilians
Le Monde, France: French Political Class Holds 'Outrage Contest' Over NSA Spying
DNA, France: Espionage ... From Washington, With Love
Liberation, France: The NSA 'Panopticon'
Der Standard, Austria: Mass NSA Surveillance Implies 'Bizarre Presumption of Guilt'
Guardian,U.K.: NSA/GCHQ Metadata Reassurances are 'Breathtakingly Cynical'
Observer, U.K.: U.S. Attempts to Block Edward Snowden 'Bolsters' Case for Asylum
Der Tagesspiegel, Germany: NSA: Merkel Ignores the Nightmare of 'Stasi Squared'
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Guardian, U.K.: Britain Blocks Crucial Espionage Talks between U.S. and Europe
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Der Spiegel, Germany: Spying 'Out of Control': EU Official Questions Trade Negotiations
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The New York Times, U.S.: China Said to Have Made Call to Let Leaker Depart
People's Daily, China: U.S. Internet Hypocrisy Creates Global Suspicion
Global Times, China: Internet 'Muckraking Frenzy' Damaging China's Global Interests
Huanqiu, China: 'Demented' Hacking Charges Betray U.S. Scheme for Cyber Domination
Guardian, U.K.: Snowden Leaves Hong Kong for Moscow: Seeks Asylum in Ecuador
Financial Times, U.K.: Snowden Fallout Impacts China and Russia
Russia Today, Russia: VIDEO: Former MI5 Agent Judges Snowden 'Canny'
Folha, Brazil: Trust in the State Inadequate as a Pretext for NSA's Spying
Les Dernieres Nouvelles d'Alsace, France: Edward Snowden is Not the Issue
El Pais, Spain: Powerless, Europe Must Nevertheless Stand Up to NSA Spying Program
Global Times, China: Demonizing China Will Backfire on Americans
Global Times, China: Extraditing Snowden Would Be a Mistake
Xinhua, China: 'Idealistic' Edward Snowden Should be Welcomed by China
Mediapart, France: 'Autonomous Machines': World Reawakens to U.S. Web Dominance
Guardian, U.K.: Britain's GCHQ Intercepted Data from Foreign Politicians at G20 Summits
Le Monde, France: French Lawmakers Scramble Over News of NSA Surveillance
Le Temps, Switzerland: Last Resort for Confronting 'Electronic Big Brother'
The Frontier Post, Pakistan: On Global Spying for Selfish National Interest
Mediapart, France: The NSA is Spying on Us! What a Surprise!
El Espectador, Colombia: Please Consider Yourself Watched!
Le Monde, France: NSA Surveillance Storm Gathers Over Cloud Market
Folha, Brazil: Being 'Carioca' Helped Glenn Greenwald Break NSA Surveillance Story
Sol, Portugal: WikiLeaks and Facebook: What Came Before Will Soon Be Rubble
Guardian, U.K.: World Leaders Seek Answers on NSA Data Collection Programs
Guardian, U.K.: Artist Ai Weiwei: The U.S. is 'Behaving Like China'
Russia Today, Russia: Putin: Government Surveillance 'Should Not Break the Law'
Guardian, U.K.: Russia Offers to Consider Edward Snowden Asylum Request
Handelsblatt, Germany: Obama's Data Nightmare is Europe's
FAZ, Germany: Protect Us from Terrorism ... and Government Snooping
SCMP, Hong Kong: What Will Hong Kong do with Snowden? ... The World is Watching
SCMP, Hong Kong: Why Hong Kong? Chinese Wonder if Edward Snowden is in Wrong Place
Suedostschweiz, Switzerland: Exposed: Spy Powers that Obama Shouldn't Use
Le Temps, Switzerland: Exploring the Limits of Sino-U.S. Compromise
Business Day, South Africa: Obama Sets 'Dubious Example' on Freedom
Economist, U.K.: The Reason We Fear Broad Surveillance
Guardian, U.K.: The NSA's Secret Tool to Track Global Surveillance Data
Frankfurter Allgemeine Zeitung, Germany: On Torture, Kremlin Should Lead by Example!
Folha, Brazil: U.S. Schools Brazil on Confronting Stain of Torture
Polityka, Poland: Poland's CIA Black Site and Phillip Seymour Hoffman
Polityka, Poland: Kwasniewski: 'Sadist' CIA Should Be Shuttered; Denies Knowledge of Torture
Gazeta Wyborcza, Poland: Former President Kwasniewski Admits Approving CIA Prisons
Gazeta Wyborcza, Poland: Poland Itself Must Investigate Secret CIA Prisons
Gazeta Wyborcza, Poland: Poland Beware: American Colossus Changes Course
Gazeta Wyborcza, Poland: Former President Kwasniewski Admits Approving CIA Prisons
Gazeta Wyborcza, Poland: Poland Itself Must Investigate Secret CIA Prisons
Gazeta Wyborcza, Poland: Poland Beware: American Colossus Changes Course
News, Switzerland: In Praise of the U.S. Senate's CIA Torture Report
L'Orient Le Jour, Lebanon: 'Success' of CIA Torture: Raises Anti-Americanism to its 'Zenith'
Khaleej Times, U.A.E.: Tales of Torture: A 'Betrayal of the American Revolution'
U.N., Intl. Terr., Geneva: 'Those Behind CIA 'Criminal Conspiracy' Must Face Penalties': U.N.
El Pais, Spain: CIA Torture Report: Now is Obama's Chance to Shutter Guantanamo
NRC Handelsblad, The Netherlands: No Leniency for CIA Torture
Le Monde, France: Report Confirms CIA Ran Secret Prisons in Poland, Romania
Le Monde, France: Governments Across Europe Investigate CIA 'Renditions'
La Jornada, Mexico: Loughner - Carriles: Two Terrorists, One U.S. Double Standard
La Stampa, Italy: Now, Italy Must Gird for the Repercussions Over CIA Convictions  
Publico, Spain: Torture Charges Filed Against Bush Legal Team; Judge Garzon Handles Case

Die Welt, Germany: A Disgrace to the West: CIA Doctors Helped With Torture

Financial Times Deutschland, Germany: Obama: Inviting the Next Torture Scandal  

Die Tageszeitung, Germany: America and Torture: 'Just Following Orders'
Hurriyet, Turkey: Dick Cheney's Torture Logic is 'Deeply Offensive'
La Repubblica, Italy: With Robert Seldon Lady, America 'Humiliates' Italy
Gazzetta del Sud, Italy: Former CIA Station Chief Held in Panama Over Italy 'Rendition'
La Stampa, Italy: Now, Italy Must Gird for the Repercussions Over CIA Convictions
Corriere Della Serra, Italy: CIA Agents Convicted of Kidnapping; Italian Officials Walk Free
Corriere Della Serra, Italy: Ex-Intelligence Chief, CIA Agents Indicted for Kidnapping
Le Monde Diplomatique, France: The Law Will Catch Up With CIA's European 'Accomplices'
Izvestia, Russia: 'Servile Europeans' Inflict Huge Insult on Bolivians
Corriere Della Serra, Italy: U.S. Must Fess Up to CIA Kidnapping on Italian Soil
La Repubblica, Italy: Italy's Spymasters Arrested for Aiding CIA Kidnappings
Digital Journal, Canada: U.S. Double Standard - Snowden, Seldon Lady and Jose Carriles

Guardian Unlimited, U.K.: Criminal Justice Rendered Impotent

Publico, Spain: Torture Charges Filed Against Bush Legal Team

Corriere Della Sera, Italy: Italy Says CIA Guilty of Abduction, Issues Europe-Wide Arrest Warrants

Corriere Della Sera, Italy: U.S. Must Fess Up to CIA Kidnapping on Italian Soil

Tageblatt, Luxembourg: Europe Investigator Into CIA Activity Comes Under Criticism

Le Monde, France: Governments Across Europe Investigate CIA 'Renditions'

Le Monde Diplomatique, France: Law Will Catch Up With CIA's European 'Accomplices'

La Repubblica, Italy: Italy's Spymasters Arrested for Aiding CIA Kidnappings

Corriere Della Sera, Italy: Ex-Intelligence Chief, CIA Agents Indicted for Kidnapping

Corriere Della Sera, Italy: U.S. Must Fess Up to CIA Kidnapping on Italian Soil

 

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[Posted By Worldmeets.US, March 5, 2015, 10:15am]