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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Europe must stop investing in startups; especially with taxpayer money. Startups are a Silicon Valley brand. They’re disposable businesses designed to either fail fast or grow exponentially (like cancer) and exit (be sold) to other surveillance capitalists or to the public (IPO)
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Startups are the long-tail of surveillance capitalism that the monster eats to sustain itself. If unsuccessful, the EU taxpayer foots the bill. If successful, they are snatched up by the Googles and Facebooks. EU becomes Silicon Valley’s taxpayer-supported free R&D department.
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We can do so much better in the EU if we have a bit of imagination and the courage to look beyond the toxic Silicon Valley model of technology. Instead of startups, we should be funding ethical technology and sustainable businesses: let’s call them stayups.
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We should take what works from the Silicon Valley model and leave the toxic funding and business model. What works? Funding small organisations that compete with each other and work iteratively. What doesn’t? An incentive model based on surveillance-based growth and exits.
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Replying to @aral
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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