"I believe the current skepticism around Silicon Valley's "Make The World a Better Place" mentality is deeply rooted in historical anxiety about institutional capitalism."
I am sorry, but that statement shows misunderstanding the issue at such level it is hard for me take his argument as something based on facts.
No. The skepticism around Silicon Valley has always been because of its coziness with the gub'mint. From internet to Siri, DARPA funds large parts of our research. And when this research reaches the public via SV, it automatically divides people into two groups - those who can use it and those who have been replaced. The group which can trump this research, though, keeps disappearing.
It doesn't, by definition, follow the principals of capitalism. That institution in 'institutional capitalism' is the government and it cannot be whitewashed over.
I am sorry, but that statement shows misunderstanding the issue at such level it is hard for me take his argument as something based on facts.
No. The skepticism around Silicon Valley has always been because of its coziness with the gub'mint. From internet to Siri, DARPA funds large parts of our research. And when this research reaches the public via SV, it automatically divides people into two groups - those who can use it and those who have been replaced. The group which can trump this research, though, keeps disappearing.
It doesn't, by definition, follow the principals of capitalism. That institution in 'institutional capitalism' is the government and it cannot be whitewashed over.