Winner Take All Technology

Survival of the Richest is an interesting article about a futurist who was asked to speak to a group of wealthy men, and the discussion that turned into a Q&A for surviving the apocalypse.

One of the parts of the article I found most interesting was the author’s discussion on ‘unbridled technological development in the name of corporate capitalism’. I found myself thinking about Zero to One, part of the start up canon recommended to all, by all in the venture capital fuelled bubble.

I struggled with a large part of the book that urged prospective founders to build monopolies, advice which flew in the face of all I’d learnt about the benefits of competition and the dangers of capitalism. There seemed to be a missing consideration – there was no balancing what might be good for the small number of founders and investors who own a monopoly with the effects on society as a whole

I think it’s one of the most frustrating parts of the narrative that dominates the current startup zeitgeist – the lack of wider awareness and ethical discussion on the way technology impacts the world. There are exceptions – Time Well Spent and Sam Altman’s interest in UBI for example.