The Transition to Techno-Feudalism

The podcast explores the hypothesis that we are moving towards a world of techno-feudalism, where the future resembles the past but with digital characteristics. This new form of feudalism is characterized by the dominance of cloud capital, which has replaced traditional capitalism. Cloud capital is a specific form of capital that extracts rents and surpluses from society, creating a greater concentration of wealth and power among a few techno-feudal lords. The rise of cloud capital is driven by digital platforms like Amazon, Google, and Uber, which operate outside traditional marketplaces and collect vast amounts of data to further consolidate their power. This shift to techno-feudalism has profound implications for the economy, society, and the erosion of the liberal individual.