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059 - The Difference Engine, with Ben Tarnoff

General Intellect Unit

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The Politics of the Tech Lap

A lot of that sort of third ring information collection that Ben, you were talking about is cheap information. So it's a worthwhile investment on the part of the capitalist to stick a couple of hundred billion or whatever into this industry so that it like just keeps the show going and makes it cheaper to keep the show going in the face of a ever-declining rate of real profit and so on. You know, tech is really the last sector where these kind of super profits can be made. It's no exaggeration to say that tech firms, you know, they certainly hold up the US stock market. And for that reason, I think, also have come to perform a important ideological function,.

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