What Do the Oligarchs Have in Mind for Us?

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„The recent movement to investigate, and even break up, the current tech oligarchy has gained support on both sides of the Atlantic, and even leapt across the gaping divide in American politics. The immediate concerns relate to such things as the control of key markets by one or two firms, the huge concentration of wealth accruing to the tech elite and, increasingly, the oligarchy’s control over and manipulation of information pipelines.

What has not been discussed nearly as much is the end game of the oligarchs. What kind of world do they have in mind for us? Their vision of what our society should look like is not one most people—on the Left or Right—would like to see. And yet, unless unchecked, it could well be the world we, and particularly our children, will inhabit.

Almost 40 years ago, in his book The Third Wave, the futurist Alvin Toffler described technology as “the dawn of a new civilization” with vast opportunities for societal and human growth. But instead we are lurching towards what Taichi Sakaiya has called “a high-tech middle ages.” In his landmark 1973 work, The Coming of Post-Industrial SocietyDaniel Bell predicted that, by handing ultimate economic and cultural power to a small number of technologists and financiers the opportunity to monetize every aspect of human behavior and emotion, we would be handing them the chance to fulfill “a social alchemist’s dream: the dream of ordering mass society.” “ (…)

What Do the Oligarchs Have in Mind for Us?