The #openweb and projects such as the #OMN are more than technical alternatives

Techno #feudalism is a description of the power that large #dotcons technology platforms now have over the economy and society. The comparison is with medieval feudalism. Under feudalism, land was the critical means of production and ordinary people worked land they did not own. Lords controlled access to it and extracted rents or surplus from those who depended on it. This is relevant today were the critical bottleneck is increasingly digital capital: platforms, servers, algorithms, data, cloud infrastructure, app stores and enormous networked captured user bases. A few corporations, run by an increasingly visible #nastyfew control this infrastructure. Communities, businesses, workers and creators are dependent on platforms they do not control. The current shift is from ownership to access, instead of owning software, music, games or other digital tools, people rent access through subscriptions and platforms. This means wealth and control accumulate with the owners of the…

Commenting on Bubbles has been removed. Why? If you want to talk about this post, write to the author, use the comments on their blog if it has them, or reply with a "RE:" post on your own blog. Suggestions? feedback@bubbles.town