Post At5uUF0LXxRrLim16e by [email protected] | |
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Post #At5uU9wcMOUjehzT6G by [email protected] | |
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"Homo economicus" is the hypothetical "perfectly economically ra… | |
Post #At5uUA4ls5163znyoC by [email protected] | |
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The economists who built models based on *homo economicus* understood that its … | |
Post #At5uUADdL86cVTx3ce by [email protected] | |
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* The economics prize is a fake Nobel that was made up in 1968 by economists wh… | |
Post #At5uUAL4tS3osZR0E4 by [email protected] | |
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Which is a good thing! *Homo economicus* is an *asshole*. A perfectly rational,… | |
Post #At5uUASAT5jREYkfHE by [email protected] | |
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As Yochai Benkler quipped, no one wants to live with *homo economicus*, even Wa… | |
Post #At5uUAYu437TZRu2m8 by [email protected] | |
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The "perfectly rational" being that responds solely to incentives, ap… | |
Post #At5uUAfzdgn5vRDhpI by [email protected] | |
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Indeed, this kind of bottomless cruelty conjures up HG Wells's Martians fro… | |
Post #At5uUAoV83b2LpCV5U by [email protected] | |
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The existential terror of AI evinced by corporate leaders is instantly recogniz… | |
Post #At5uUAuskKhUfcBb28 by [email protected] | |
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But what if we already have such beings living among us, artificial beings that… | |
Post #At5uUB0uNvWMyJ0PQW by [email protected] | |
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These artificial persons are not merely recognized as people under the law - th… | |
Post #At5uUB8huvl9MUedaC by [email protected] | |
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Ted Chiang has proposed that when a corporate executive like Elon Musk claims t… | |
Post #At5uUBFnUZQliTyIdM by [email protected] | |
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But I think it's worse than that. CEOs who run their companies according to… | |
Post #At5uUBMt4D6O4THxgW by [email protected] | |
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They are *collaborators*, quislings who betray their fellow humans to throw in … | |
Post #At5uUBXWQfbobSGSGG by [email protected] | |
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Seen in this light, corporations and their execs are living out a version of th… | |
Post #At5uUBeG1czqwLPplA by [email protected] | |
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When "effective altruists" claim that they're justifiable in igno… | |
Post #At5uUC6yIrxuNOqlW4 by [email protected] | |
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These are people whose chain of logic goes, "*homo economicus* is the true… | |
Post #At5uUCcAQsv1w9Rg8m by [email protected] | |
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And indeed, all-powerful corporate aliens reward their human collaborators hand… | |
Post #At5uUD5EgoAfOJ2tRw by [email protected] | |
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Which brings me to enshittification: the steady, constant worsening of the prod… | |
Post #At5uUDbUkryX0M8ejQ by [email protected] | |
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After all companies like Facebook have been led by the same people through thei… | |
Post #At5uUE4Z0nEASVjs2a by [email protected] | |
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In earlier years, corporations faced real consequences for enshittification: cu… | |
Post #At5uUEXdGiTnufL5Lk by [email protected] | |
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Then came lax antitrust (bye, competition!), regulatory capture (so long, regul… | |
Post #At5uUF0LXxRrLim16e by [email protected] | |
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Nor do we walk into a stranger's house, break into their cars, or run down … | |
Post #At5uUFWFdKy8wfhUps by [email protected] | |
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*Homo economicus* is real, but he doesn't rule: rather, he serves the true … | |
Post #At5uUG4zYAl4gPxEzA by [email protected] | |
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I'm on a 20+ city book tour for my new novel *Picks and Shovels*. Catch me … | |
Post #At68QzNUaYSnNDwXfk by [email protected] | |
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@pluralistic We need term limits on corporations?Suggestion:After 50 yrs from f… | |
Post #At68R1CDpQdX0qgZNo by [email protected] | |
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Imagine what this means: We would live in a world where Apple split into two co… |