Broken Economic Models in Tech That Hurt Humans at Scale

Explore a thought-provoking 12-minute talk that delves into the broken economic models in the tech industry and their impact on humanity. Examine the concept of surveillance capitalism, its definition by Shoshana Zuboff, and how it extracts and monetizes human experience data while concentrating wealth, knowledge, and power. Learn about the proposed solution of "Externality First Capitalism" and its potential applications, including carbon pricing in services, media platform taxation based on factual content, and tax credits for repairable technology. Investigate the application of game theory to AI and the internet as a public commons, highlighting the importance of privacy in protecting freedom. Analyze current business climate critiques and anti-patterns such as rapid growth, addiction, and income inequality. Gain insights into optimizing economic systems for human welfare and environmental protection, and discover actionable steps to support initiatives promoting social good, privacy protection, and sustainable technology practices.