Sustainable organisations that make ethical technology must maintain control over their social missions; they cannot do so if they’ve sold from day one (that’s what taking VC essentially it, it just takes 5-6 years for the sale to close if the business is successful).https://twitter.com/aral/status/978544548854095872 …
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VCs bet on 10 high risk startups, knowing 9 are going to fail. So they need the 10th to be a billion-dollar “unicorn”. The only business model that scales that way is people farming. VC is at the heart of the
#SurveillanceCapitalism problem. It is the poisoned seed at its core.https://twitter.com/aral/status/978545029366079488 …Show this thread -
People farming isn’t a new business model, it’s the evolution of another highly profitable model that was previously both legal and widespread: slavery.https://twitter.com/aral/status/978545520162607104 …
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In slavery we owned people’s bodies. Today, Silicon Valley doesn’t need your body. They can own everything else about you that makes you who you are and use that as a proxy to own you. That’s the actual business model of
#SurveillanceCapitalism https://ar.al/notes/the-nature-of-the-self-in-the-digital-age/ …https://twitter.com/aral/status/978546392103899136 …Show this thread -
To fix surveillance capitalism, we must fix not just the surveillance part but the capitalism part also. We must move beyond the toxic, myopic, VC-funded business model of Silicon Valley to fund ethical alternatives from the commons for the common good. https://ar.al/notes/encouraging-individual-sovereignty-and-a-healthy-commons …https://twitter.com/aral/status/978546527277862912 …
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I’ll end by commending The City of Ghent for doing just that by supporting our efforts at
@indie to build a free/open/interoperable federated personal web site platform. Alternative funding exists. An alternative future is possible. We will move beyond#SurveillanceCapitalismhttps://twitter.com/aral/status/978547316264177665 …Show this thread
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