Comment on Netflix is social engineering, not entertainment.

Yanis Varoufakis on how we are living in a post-capitalist techno feudal cloud-driven dystopia:

Yanis Varoufakis: But if I may just add one last vignette which I think i'm sure you would want to take further. Things are worse than what you're saying because yes technologies apps and so on have been used to robotize human beings and make them turn them into a precarious again. However why am I saying that things are worse because now exploitation has really become universal. Uf you think about it every time anybody posts anything on facebook or tweets um or goes into Amazon and posts a review you're adding capital to the capitalists directly.

.. and even by telling google maps where you are and what you're doing at that moment you're adding to google's capital and you don't get paid for it. So you've got big tech , you've got the platforms that you mentioned. Robotizing the workers in their warehouses and shop floors but also finding remarkable ways of exploiting the rest of us those who are not working directly for them to produce direct capital for them.

And one last thing to think of, Alexa right or google assistant um you know this machine is absolutely remarkable in terms of the effect it has had on the system we live uh and it's a I it really is a sign of the of the times to come of what I call techno feudalism because think about what it is it's a machine where you supposedly you're you tell it to do things for you so you you ask it to order milk or to order cookies or to switch on the lights to follow your orders right.

But what it really does is this it's the top end the the front end of a cloud-based network, where the machine is trained by you so that the system, this cloud-based system can train you to want what the manufacturing capacity of that same machine wants you to buy. (15:38)