Google is a surveillance capitalist. It is a factory farm that extracts from and exploits people. Why do you want to create a “Google of Europe?” Why do you want Europe to capitulate to Silicon Valley’s digital imperialism and become its taxpayer-paid R&D department? (1/N)https://twitter.com/AchimMuellers/status/1000989525391413248 …
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So let’s fund businesses that, if successful, cannot be sold. We must move beyond VC/equity capital and remove exits from the equation. Let’s only fund business models that are ethical (see https://ind.ie/ethical-design ).
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Let’s stipulate that getting commons funding means the products of the business must also be shared back with the commons. That’s the only way to avoid a tragedy of the commons and build a healthy public sphere. It would also encourage not just competition but also sharing.
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Silicon Valkey’s model of technology (surveillance capitalism) is not the only way to fund and build technology. It’s just one very toxic way to do so. Let’s do better in the EU. We can, should, and must fund ethical tech from the commons for the common good. (End)
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That kind of stuff doesn't happen anymore. It's all about the harvesting of bits now, and we humans in the USA are merely the mines from which value is extracted. The squeeze is on and us lemons won't have much left to give soon
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Yes. That’s an accurate description of the swamp that Silicon Valley has left us in. The US/Silicon Valley will not/cannot fix this, it’s too much a reflection of their culture. We have a chance, in Europe, to veer away. I have hope that city-level initiatives might play a role…
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Name an example. I'm skeptical there is such a thing. The early internet was definitely like this. And Microsoft, which Silicon Valley generally hates, built a platform (Windows) in which the sum total of all the companies depending on it was worth more than Microsoft itself
Thanks. Twitter will use this to make your timeline better. UndoUndo
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