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FBL58: Yanis Varoufakis - Techno-Feudalism & the Death of Capitalism

The Singularity Discussion Series

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Technology and Societal Change

This chapter critically examines the dual nature of technological advancements, such as AI and blockchain, highlighting ethical concerns raised by their misuse by powerful corporations. It argues that cryptocurrencies, while perceived as tools for empowerment, often worsen inequalities in regions like El Salvador. The discussion advocates for democratic control over technology and explores innovative economic models, including the potential role of digital currencies in supporting universal basic income.

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