Category: Future

  • Prosperity’s moral code

    A few months ago, TechCrunch had a post debating the role of capitalism in a world that includes AI, where jobs are disappearing at a rate faster than new jobs coming in.  Capitalism has always been played as a finite game, focused on profit for a set of people, largely irrespective of the costs to others or society at large. As I wrote in “A shift in the world order“, its only real foe in the recent past has been the nation state, and its executive arm – the government. A foe increasingly struggling to even defend its own relevance, I’d say. As the dominant system of the world, we will then automatically (whether rightfully, is debatable) begin questioning capitalism’s morality codes. More than what we are doing currently, because the impact will not just be higher, it will also start affecting more people.

    Earlier this year, I had written on how if it intends to survive, capitalism needs to expand its scope, and play an infinite game – whose purpose is to continue the flow of the game, and bring in new players. Something similar to what Douglas Rushkoff calls digital distributism (read) a model that aims for the circulation of money rather than the extraction of money. An evolution that capitalism needs to go through, or it runs the risk of imploding. This, of course, is not really in line with the way an earlier generation of corporations, or Silicon Valley operates.  As Maciej Cegłowski writes in “The Moral Economy of Tech“, treating the world as a software project gives us a rationale for being selfish. We pretend that by maximizing our convenience and productivity, we’re hastening the day when we finally make life better for all those other people. (more…)

  • The divide and the rules

    It has been just over a year since I wrote “A responsible meritocracy“. My view was that meritocracy had indeed played a huge role in dislodging systemic inequalities (e.g. ethnicity, religion, even economic background) but not only is it not an ideal system, it is now widening the gulf between the haves and have-nots, and even creating entry barriers to prosperity. To use an adage from pop culture, it’s a hero which has lived long enough to see itself become a villain. Arguable, yes.

    Every system is bound to create two sets of people – those who benefit from it, and those who do not. I’d rate the success of a system on two counts – the ability of its beneficiaries to see the other side, and what they do about it.  The merit in a meritocracy is accrued courtesy intelligence/smartness. Intelligence is a means to creating the universally acknowledged currency – money. In that respect, I’d say that Silicon Valley has been a big beneficiary, and probably the most visible. (more…)

  • Information & Interfaces

    I’m still stuck on the narrative of consumption – both on the intent and interest front, as I wrote in Intent, Interest & Internet Dominance, as well as on the interfaces through which it will happen, something I started writing on in Consumer- facing AI : Phase One.

    In this era of abundant choice, a device I use when fighting battles with myself on personal consumption is the can-want-need framework. ‘Can’ is made increasingly easier now because of convenience, ‘want’ by the choices around, and sticking to ‘need’ is a very difficult task! I read a really good post which has mirrored this in the (consumer) technology space – “How Technology Hijacks People’s Minds…“. (more…)

  • Consumer-facing AI : Phase One

    Since the launch of the Messenger Platform and bots, (a handy summary by Mashable) the world has had a lot to say about this move by Facebook – ranging from “fantastic start” to “frustrating and useless“. Somewhere in the middle probably lies the truth. Facebook is, of course, not the only player in this specific game – to name a few, Slack, Telegram, Kik all are at it! A more elaborate representation of the landscape can be found here.

    Somewhere in all this hype is a little grain of truth. For instance, two (plus one) trends, as explained in this post by MG Siegler, are pretty evident – the rise of messaging, app saturation and the increasing application of AI/machine learning. Bots are well placed in the intersection of these three. (more…)

  • A new kind of privilege

    A couple of weeks ago, we visited a newly opened eatery in Bangalore. Something about the crowd made me observe it more. It seemed like this was a set completely different from the kinds I usually see during restaurant visits. It took me a little while to understand why I felt so, and when I did, I remembered the nuance I had discovered only a year ago.

    In the restaurants/pubs I visit, I usually see people like me. The ones who, irrespective of career highs they might have scaled, have to go at it daily with the business of life. They are curious for new experiences and/or are eager to climb a rung or two, and see such places through these frames. In both cases, they are ‘visitors’. But there is a different crowd I saw here –  a set of people whose body language – a certain kind of composed languor, and the way they behaved with each  other, reflected a sense of belonging. I consider them privileged. (more…)