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Scoop.it!
“What has happened in effect is that though the processing capability of a “wired” customer or service supplier has gone up dramatically, this typically has not facilitated any major societal value shift or new societal network emergence. If anything, the history of the Internet since c 2010 is an increasing walling off of what were … 
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Scoop.it!
What Uber and Airbnb are “textbook examples” of is what Michel Bauwens of the Foundation for P2P Alternatives calls “netarchical capitalism”: an intermediate organizational form in which the owners of proprietary platforms use them to extract value from the users. As a friend on Twitter observed the same day the article was written, the capitalists at Uber and Airbnb extract usury from workers’ use of their own physical capital.
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Scoop.it!
Excerpted from Kevin Carson: “An article at Medium (Tim O’Reilly, “Networks and the Nature of the Firm — What’s the Future of Work?” August 14) describes Uber and Airbnb as “textbook examples” of “the way that networks trump traditional forms of corporate organization, and how they are changing traditional ways of managing that organization.” Um, …
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