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Technology and Capitalism

Introduction

Technology has had a significant impact on the lives of many individuals. Customer complicity in the “war on free will’s” reforms goes back decades. Complicity in the continuation of “Self-delusion” has also been demonstrated. Finally, they’ve expressed their apprehensions about the possibility that their future tense may be violated. As demonstrated by these ideas, individuals’ consumer habits have been affected by developments in technology. Various capitalist ideals have been widely disseminated thanks to technological advancements and social media.

The first multi-trillionaire

Pondering on which sector or industry will give the world the first multi-Trillionaire. The most powerful institutions in the future might be enormous multi-national enterprises, giant alliances of people, companies, religious groups, clusters of countries such as NATO, perhaps some new entity that controls technology like ICANN, or something altogether new (Frey, 2014). Below are some of the sectors and innovations that have some potential of giving the world the first multi-Trillionaire;

  1. Cryptocurrency– A cryptocurrency is most likely to be the first global currency. Cryptocurrencies will be able to fill the voids created by today’s financial systems since they operate outside the sphere of heavily regulated, nation-based economies. To put this in perspective, there are 2.5 billion adults around the globe who do not have a bank account or utilize any other formal financial services for saving or borrowing purposes. There’s a lot of room for growth here.
  2. Artificial Intelligence – In spite of the fact that AI has swiftly become the poster child for future technology gone awry, artificial intelligence is poised to become a game-changer on nearly every level of the game. Adding narrow AI applications has the potential to improve almost any industry and to do so exponentially.
  3. Internet of Things – Things that talk to each other over the Internet may not seem like a good candidate to become a trillion-dollar industry at first glance, but consider the possibilities of devices that can boost your well-being by a factor of ten or more. Devices that can communicate with plants and animals may also be possible. Do you know how much money these qualities will be worth in the future?
  4. 3D Telepresence Avatars – As a human being, how many times have you heard someone say, “I wish I could clone myself.” In the digital world, 3D telepresence avatars are life-size representations of ourselves that can interact with people in the same way as if we were there in the same place. These avatars may attend meetings, file reports, engage in water cooler chitchat, attend minor league games, and even keep your boss busy, all while increasing your overall capabilities and earning potential by several times.

Analysis of technology and capitalism

The Age of Surveillance Capitalism. In the text, you can understand some of the reasons why people have been involved in various developments.” There are numerous advantages to utilizing technology. Customers may feel compelled to cooperate because technology companies have created algorithms that can anticipate human behavior. Businesses, for example, will benefit from the concept. For example, if you have a history of searching on Google, the corporation will provide relevant material based on that experience.

This means that Google will only show you the information you’re interested in. The assumption is that Google has already figured out their habits based on this information. If a technology business is aware of a customer’s behavior, that corporation is implicated in the technology. However, this only works if Google’s search results based on a client’s search history are unpleasant. Such innovations can be attributed to the intelligence of machines. People’s ability to engage with technology has been greatly enhanced thanks to advances in machine learning. This type of interaction is positive since it encourages the user to think positively about the company. Any time a person has the impression that their privacy has been infringed, that’s a negative interaction. There are a number of reasons why businesses have been able to use machine intelligence to make predictions about human behavior. In such a scenario, it would be possible to gain answers to the question of how much of a user’s complicity there is in various technological advances.

Personal search data can be linked to the lack of resistance of individuals by the technology industry, which has found a way to acquire this information. “The present tense’s necessary habitat is uncertainty, not anarchy” (Zuboff, 2018, p. 331). Their complicity towards change is reduced as a result of this. Some of them don’t have a problem with technology accessing some of their personal information. When people begin to understand the dangers of disclosing this information, however, they will begin to oppose it. Behavioral surplus dis: covered more or less ready-made in the online environment when it was understood that Google’s “data exhaust” clogging its systems might be paired. With its formidable analytic capabilities to make forecasts of user behavior. A preternaturally profitable sales procedure was built around those prediction items, and it sparked new businesses in the field of future behavior (Zuboff, 2018, p. 339). Another issue is that people are so accustomed to technology that they are willing to give up their privacy in exchange for certain online activities.

When new IT companies enter the market, they often make a public statement outlining their plans and objectives. The issue is that most customers don’t spend the time to read the fine print of these companies’ terms of service. Prior to anybody else, they are eager and eager to try out the offerings and activities of the companies. “Computer science, like economics, has its own preferred models and implicit assumptions about the universe” (Foer 111). Members of the society have unfortunately learned to accept this as the norm. In the same way, tech businesses can benefit from their services and operations. As soon as anything is done, it is shared on social media so that others can see it. They would feel pleased with themselves if they received some favorable remarks and a few likes. As a result, digital businesses now have a better understanding of the nature of humans and can therefore potentially invade users in any way. As a result, many people are eager to be connected with the latest and greatest technology without even contemplating the risks it may pose to their personal information. The ability of computer corporations to take advantage of their customers has relied on the element of social influence. A large majority of individuals now appear to be engaged in online competition. It’s a common desire for people to be the first to try new things. When individuals persuade one another of the merits of a particular idea, we’re engaging in social persuasion. When it comes to enticing people with the wonders of surveillance capitalism advancements such as targeted advertising and digital assistants, there is an infinite cade of tempting language. Aside from that, economies of action are deliberately created to urge us to follow one another along with pre-setting routes of activity” (Zuboff, 2018, p. 334). When it comes to sharing information, users don’t even bother to verify its legitimacy. It is difficult for others to verify the validity of a given operation because of this characteristic of sharing.

As with many other companies, Facebook is close to limiting the freedom of its users. It has been linked to a restriction of some human rights from its inception. However, customers may have difficulty proving this because they believe they consented to the company’s terms and conditions before signing up for its services and using them. Study after study has demonstrated how this corporation represents politics as usual: trying to dictate what individuals do. In spite of the corporation’s denial of some of the issues surrounding it, the company continues to take advantage of users. In terms of predicting people’s actions, Facebook is one of the most advanced companies. Because of the company’s log of a user’s behaviours, the aspect of prediction is extremely accurate. In Foer ‘s own words, “there’s no questioning Facebook’s emotional and psychological strength.” (Foer, 2016). He has been hailed as one of the world’s greatest computer scientists. A firm that appears to be taking over people’s life has been linked to him because of his high degree of intelligence. In order to better understand people’s habits and preferences, numerous algorithms have been implemented. Google and Facebook are now working together to solve the problem. If someone does a Google search for a particular beverage and then goes to their Facebook page, they will see ads for that beverage. “The essence of the algorithm is completely uncomplicated,” as stated in the article (Foer, 2016, p. 116). Some people have benefited from this, but it can’t be denied that the firm tends to restrict people’s freedom of choice. They do not have the authority to make decisions for themselves at this point in the game.

As this article demonstrates, technological advancements can have both beneficial and harmful effects. There appears to be a divide between those who are adept at using new technology and others who struggle with it. That these developments seem to govern people’s life is one of their chief drawbacks. When social media analyses one’s activities and data, it then predicts what their next step will be. The right to free choice may be violated in certain circumstances, yet some users find it fascinating. Facebook and other digital companies must be held accountable for the misuse of their customers’ personal data and information. When it comes to making decisions, humans should not rely solely on artificial intelligence. People should not put their trust in predictions made by technology, such as social media if they want to remain safe. To avoid a lack of freedom, it is essential to maintain one’s independence and self-reliance.

Good points to Technology and Capitalism

Technology and capitalism have evolved to the point where we are better at satisfying human desires and needs. It’s understandable that many people will find this conclusion strange, and for a good reason. Since the Industrial Revolution of the late eighteenth century, we’ve been using more resources and causing more damage to the environment because of this exact mix. Human well-being rose dramatically and quickly throughout the Industrial Revolution, but at the expense of our planet. We exploited the earth’s resources, hacked down forests, murdered animals, contaminated the air and water with pollutants, and perpetrated a slew of other crimes against nature. As time went on, we continued to make the same mistakes year after year (McAfee, 2022).

The Industrial Revolution unleashed the twin forces of technological development and capitalism, which seemed to be pulling us in the direction of expanding human population and consumerism while deteriorating our planet’s environment. Even by the time of the inaugural Earth Day festival, many realized that we couldn’t keep abusing our planet eternally and that these two forces were pushing us toward the end (McAfee, 2022).

How did things turn out in the end? This book is about something altogether different. As I’ll demonstrate, capitalism has continued to grow and spread, but technological development has evolved. We developed a suite of digital technologies, such as the computer and the Internet, that allowed us to dematerialize our consumption, allowing us to consume more while using less of the earth. As a result of the tremendous cost demands of capitalism, firms were eager to take advantage of digital technologies’ ability to save money by exchanging bits for atoms. Think about how many devices your smartphone has replaced, for example (McAfee, 2022).

It is not only capitalism and technological advancement that have made it possible for us to gain more from less. Both governments that are attentive to the wishes of their citizens and who implement sound steps to mitigate the harms we’re doing our planet (such as pollution and the extinction of species) are examples of responsive governments. Earth Day and the environmental movement in the United States and around the world substantially accelerated public awareness and government responsiveness (McAfee, 2022).

Human Psychology; brain biotechnology integration; AI; human-machine interface

The idea that thinking can be codified through language is evidenced by the distinctive manifestations of thinking at the linguistic level. Language is a non-conceptual and non-conscious phenomenon. Instead, electrical signals in the brain move in sync with it, giving it the appearance of muscular movement. It’s important to note that when it comes to language and electrical signals, shape follows content. External language includes the sounds and words that can be heard, as well as the words and sentences that can be read. The brain’s thinking language, which is dependent on the brain’s physiological, chemical, and physical activities, completes the internalization of language outside the brain. When a human brain is dissected, there is no linguistic entity. There are no brain structures or movement patterns that match. Because of this, the coding laws of electronic movement are highlighted as having a role in the brain through language. Language and other aspects of consciousness can only occur when electrical signals in the brain are moving in a precise direction. As a result of these sequential linkages, linguistic nation and then electronic movement can take place. Because of this, computers are able to mimic the human brain’s ability to learn and make decisions.

There is no such thing as autonomous artificial intelligence. Our ability to comprehend it falls within the realm of human intelligence. Because it is a product of human intelligence, a tool of the human brain, and an extension of human intelligence, artificial intelligence (AI) belongs to human intelligence (Wang, 2016). There is a clear correlation between human intelligence and the functions of artificial intelligence (AI) in a variety of societal contexts. Modern social life has become increasingly complex as a result of human progress. This complicates brain function and renders humans less equipped to handle the demands of an ever-increasingly complex world. Thus, human intelligence is unable to regulate and control many aspects of society. It’s not that the human brain isn’t capable of great things; it’s just that it’s limited by its size. As a result, the expansion of the brain in a way that meets the demands of social life can help humans enhance their intelligence.

Conclusion

Human labor has always been viewed as second-class in the capitalist system. A fundamental shift in this relationship has occurred in the last 30 years. The machine is increasingly becoming interwoven into the organic structures of the working class itself, losing its physical existence as a separate entity from the minds and bodies of its users. In order to maximize the amount of time we spend staring at a screen, Google should arm hordes of bright engineers with large databases and sophisticated AI programs. Even the devices’ creators can’t get enough of them. Former Facebook monetization chief Tim Kendall remembers how he couldn’t put down his phone when he got home to his wife and children after a long day of trying to enhance the company’s profitability. No matter how much I tried, I couldn’t stop myself from using it.

In order for firms to make money, they must know more about us and target their ads to our concerns and aspirations as we spend more time on our screens. To further reaffirm our biases, websites feed us more of the news and (mis)information we already prefer. According to a former Google designer, if you search for, for example, climate change, Google may provide different results depending on what it knows about you and others in your area.

In addition to keeping us glued to our smartphones, this data-driven pandering keeps us hooked. Fake news and conspiracy theories have also proliferated as a result of this, as well as social polarization. It’s as if we’re living in two different worlds, each with its own unique set of problems and solutions.

References

Foer, J. S. (2016). Technology is diminishing us.

Frey, T. (2014). What Industries will produce the First Trillionaires? Business Trends, Future of Banking, Future of Education, Future of Healthcare.

McAfee, A. P. (2022). From technology and capitalism, a hopeful remedy for the planet. The case for ‘sustainable productivity.

Tolentino, J. (2019). Trick Mirror: Reflections on Self-Delusion. New York: Random House.

Wang, L. R. (2016). Relationship between artificial intelligence and human intelligence. Technology Innovation and Application.

Zuboff, S. (2018). The Age of Surveillance Capitalism.

 

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