Malte Engelerlegal professional | author | he/him | co-founder @structural_integrity@kolektiva.social | admin @legal.social@legal.social | politics @digitale_linke@linke.social | former tech-blogger @DeathMetalMods@metalhead.club | #TeamInked | data economy & digital politics
Until All Are Free, No One Is Free.
Malte Engeler"Every billionaire represents a system failure" was the title of a BBC podcast I used to reference.
Nowadays I think that analysis is misleading, actually. Billionaires are exactly what the system is supposed to produce.
Fight the system, not (primarily) billionaires.
Malte EngelerInvestment firm buys #Threema.
Their "investment themes":
- Growth potential above 10% per annum
- Profitable or foreseeable path to profitability
https://comitiscapital.com/news/comitis-capital-announces-the-acquisition-of-threema
Malte EngelerThe #RevLeftRadio podcast did an episode on "technofeudalism". '
With great respect to those argueing that capitalism has changed into something qualitatively new and with care and detail they explain how cloud- or platform-capitalism is (as of now) still a continuation of capitalism.
And there is great practical value for us in the progressive digital policy movement to have a clear understanding of what we are up against (and what is mere rhetorical fluff).
https://revolutionaryleftradio.libsyn.com/on-technofeudalism-rent-seeking-in-late-stage-monopoly-capitalism
Malte Engeler"Every billionaire represents a system failure" was the title of a BBC podcast I used to reference.
Nowadays I think that analysis is misleading, actually. Billionaires are exactly what the system is supposed to produce.
Fight the system, not (primarily) billionaires.
Malte EngelerÜberall die gleiche betäubte Ratlosigkeit, das Einstellen auf Stellungskämpfe, um zu verteidigen, was an Freiheiten noch da ist und abzuwehren, dass es noch schlimmer kommt.
Verteidigung und Abwehr sind wichtig, klar. Die Message "Verteidigen, was wir haben" funktioniert aber für den Großteil derer nicht, für die der Status Quo bereits prekär. So falsch die Antworten der Konservativen 🤝
Rechten sind, so wenig ist ihre Analyse falsch: Wir befinden uns in einer Krise.
Malte EngelerThere is a lot of talk about the "AI bubble" bursting. The metaphor however is deeply misleading. There will be so much more than water and soap when it bursts. I am thankful that @alineblankertz@indieweb.social did take the time to write this excellent piece about the path of destruction the end of this hype-cycle will leave behind:
https://www.structural-integrity.eu/crashing-hard-why-talking-about-bubbles-obscures-the-real-social-cost-of-overinvesting-into-artificial-intelligence/
Malte EngelerGiven the spectacular failure of Open AIs new ChatGPT version (ChatGPT 5) it's easy to redicule it. Brian Merchant however has a good and sadly sobering point:
"If we wake up to millions of addicted and deluded AI chatbot users, students incapable of finishing their homework without help from an app, and automation software that surveils and immiserates workers, each hurriedly installed on the top layer of our society, well, the joke will have been on all of us."
https://www.bloodinthemachine.com/p/gpt-5-is-a-joke-will-it-matter
Malte EngelerA company trying to make "AI search" a thing is partnering with the social media platform of a fascist leader. One thing that immediately came to my mind is a quote from Quinn Slobodian's latest book ("Hayek's Bastards"):
"We can't understand the populist right without understanding their version of capitalism."
Malte Engeler"Every billionaire represents a system failure."
https://www.bbc.co.uk/programmes/w3csyth2