May 11, 2017

The data economy calls for regulation

There's an interesting trend where capitalist media & actors introduce rather "socialist" ideas. I remember Bill Gates saying that robots that do your work should be taxed. That's basically the idea that ownership of production machines means a greater contribution of generated wealth to society. I'm not saying the idea is Marxist, but not far away from that. Or Elon Musk promoting an unconditional basic income, an idea that, at least in Germany, is seen as a hardcore leftist approach. Now the Economist, not necessarily known as a very cpaitalist-critic publication, calls for new antitrust rules when it comes to data. I can't hear about the oil vs. data comparison anymore, but still: they have a point.

http://www.economist.com/news/leaders/21721656-data-economy-demands-new-approach-antitrust-rules-worlds-most-valuable-resource