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Data Exchange - by Dennis Bouvard - Center Study Center

dennisbouvard.substack.com · 2,293 words · saved by 1 readers

If markets are made, they can be made in more deliberate and constrained ways; if they can be made increasingly constrained and purposeful, they will in effect be replaced. Money is already data, insofar as it provides us with information regarding relations of dependency and the capacity to mobilize resources; so, that data can be made increasingly explicit in non-monetary forms, in which case money can also be replaced by exchanges of data. The cutting edge of the replacement of markets and money is the already existing data exchanges that are increasingly prevalent. We all know how it works: all of our activities are monitored in one way or another, with the online activities most obviously so; this monitoring leads to massive amounts of data collection; this data it put through machine learning algorithms so that our habits can be analyzed and our behavior predicted by governments and companies for surveillance and advertising purposes. Right now, governments take our data and offe

If markets are made, they can be made in more deliberate and constrained ways; if they can be made increasingly constrained and purposeful, they will in effect be replaced. Money is already data, insofar as it provides us with information regarding relations of dependency and the capacity to mobilize resources; so, that data can be made increasingly explicit in non-monetary forms, in which case money can also be replaced by exchanges of data. The cutting edge of the replacement of markets and money is the already existing data exchanges that are increasingly prevalent. We all know how it…

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