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on peer-to-peer dynamics in politics, the economy and organizations
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The Heretic's Guide to Global Finance: Hacking the Future of Money: The dark side of digital finance: On financial machines, financial robots & financial AI

The Heretic's Guide to Global Finance: Hacking the Future of Money: The dark side of digital finance: On financial machines, financial robots & financial AI | Peer2Politics | Scoop.it

Fast-forward to 2016 and we’ve entered into a world no longer dominated by tools, but by machines. The crucial difference between a tool and a machine is that the former relies on human energy, while and the latter relies on non-human energy channelled via a system that replicates - and accentuates - the action of a human using a tool. The carpenter is now a furniture corporation using computer-programmed CNC cutters. Likewise, the bank that keeps score of that company’s money runs humming datacentres with vast account databases. These are digital equivalents of the old ledger books, drawing upon fossil-fuel generated electricity to write and hold information as magnetised atoms on hard-drives.
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The ABC of Accelerationist Blockchain Critique | www.furtherfield.org

The ABC of Accelerationist Blockchain Critique | www.furtherfield.org | Peer2Politics | Scoop.it

Accelerationism came to prominence in 2013 with Nick Srnicek and Alex Williams's hashtag-titled manifesto. A cloud computing-era spin on the old Marxist argument that we first need to perfect capitalism in order to transcend it, its lineage is fleshed out in a new book fromUrbanomic. Urbanomic claim (among others) Nick Land's skynet midwifery, J.G. Ballard's science fictionalization of culture, and Marx himself as precursors to Accelerationism, establishing it as a serious anti-humanistic response to the challenges that humanity faces if it is to avoid extinction. Similar to Christine Harold's strategy of "intensification", Accelerationism calls for us to appropriate the value of capital's developments and transform them materially into something else rather than attempt to resist them head-on or refuse them in our hearts.

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