Re:The Gig Economy’s False Promise
by intended on Tuesday April 11, 2017 @04:04AM
(#14085732)
I agree strongly with you
> prices are society's most effective way to communicate which contributions it considers value.
But its not perfect. Its vastly imperfect - for a variety of reasons involving joins/intersections of various systems.
For example - media will always move towards the grosteque or attention grabbing. The feedback loop between
AD -> Money-> Attention competition -> More Attention grabbing ads -> Repeat,
is near guaranteed to spontaneously create the echo chamber effect because of human neurology.
Other examples - the failure of environmental protection, which also involves the direct manipulation of the information by vested interest who spread and maintain FUD.
Not to mention the straight up impact of concentration of wealth, and the ability of a few to then signal value disalgined with the values for the majority.
I've also seen the various examples for other industries, and they too will fail because re-training itself is a torturous and difficult process- even when you have all the time and resources you need.
Tech is a good example because its one of the easier and better covered fields.
> prices are society's most effective way to communicate which contributions it considers value.
But its not perfect. Its vastly imperfect - for a variety of reasons involving joins/intersections of various systems.
For example - media will always move towards the grosteque or attention grabbing. The feedback loop between
AD -> Money-> Attention competition -> More Attention grabbing ads -> Repeat,
is near guaranteed to spontaneously create the echo chamber effect because of human neurology.
Other examples - the failure of environmental protection, which also involves the direct manipulation of the information by vested interest who spread and maintain FUD.
Not to mention the straight up impact of concentration of wealth, and the ability of a few to then signal value disalgined with the values for the majority.
I've also seen the various examples for other industries, and they too will fail because re-training itself is a torturous and difficult process- even when you have all the time and resources you need.
Tech is a good example because its one of the easier and better covered fields.