Charlie Stross is reliably thought-provoking, in his books, and on his
blog. This piece is no exception. For me, the most thought-provoking
bit is the almost throwaway reference to the internet as 'functional
telepathy'.

Do you agree? Especially given the piece is a set-up for the last
line: "Is telepathy compatible with the continued existence of
capitalism?"

Udhay

http://www.antipope.org/charlie/blog-static/2015/07/two-thoughts.html

Two Thoughts

By Charlie Stross

As Damien Walter noted recently on twitter, some time between 1995 and
2010, the human species began to develop functional telepathy.
(Actually, the first sign of this became real on October 29th, 1969,
but exponential growth from a small base takes a long time to become
noticeable.) We now have over a billion human beings on the internet,
and so many devices that the IPv4 address space is saturated: within
the next decade we can expect multiple new satellite
internetconstellations (such as OneWeb and rivals) to bring pervasive
internet access to the globe. Smartphones are pushing down into the
sub-$50 space where they're affordable even by those living just at
the global poverty threshold (and thedecline in global poverty over
the past decade is working away at the other end). It no longer looks
implausible to suggest that almost everybody will be online by 2025.

A side-effect of this process is that we're becoming used to a
constant background roar—the global id in full throat, blasting us
with the prejudices, rumors, superstitions, bigotry, and (less
obviously) love and passion of the entire human species. Everyone
being online means that anyone can in principle yell in your ear at
any time, be it encouragement or rape and death threats.

So far we seem to have handled the telepathy thing relatively well. It
hasn't provoked a nuclear war, or even very many social media
targeting drone strikes. It has provoked total panic among
authoritarian political leaders, with its concomitant ability to
facilitate flash mobs, and a much quieter level of paranoia and
near-panic among national security organizations, but compared with
the consequences of the development of the printing press it's pretty
benign. However, we're still in the early days.

More significantly: Markets. Some would say we're entering the
post-capitalist era; certainly it's interesting to speculate on the
effects universal functional telepathy (lies and all) are going to
have on how we handle business. The internet disintermediates supply
chains, but there's a catch: you have to be able to find your
customers, or your root supplier, before you can cut out the
middle-men. Currently we're seeing a land-rush by new middle-men
trying to stake out their position as the Sultans of Search: Amazon
and eBay were first wave, but the likes of Uber or AirBNB are now
trying to occupy the equivalent space in vertically segmented business
niches (personal transport and rented short-let accommodation
respectively). The current 2015 cruel joke is that to identify a new
Silicon Valley start-up opportunity you just have to figure out what
your mom no longer does for you now you've moved out of her basement
and productize it. But that's not going to last forever.

One of the performance drivers of an internet startup is the ability
to automate and replicate a service that formerly scaled up by adding
human bodies—travel agents are replaced by Hipmunk or Kayak, for
example. But a side-effect of this is that there's a constant pressure
to deliver the same automated search results for less money, on fewer
processor cores. It's a race to the bottom and it ends when search
becomes free at the point of delivery. Which might, to a first order,
sound like a recipe for "sponsored search results" and biased results,
but when you can open multiple browser tabs and do meta-comparison
across product comparison websites for virtually zero cost, such lying
informational lacunae will be found out fast.

Ultimately most of those middle-men are doomed: they simply can't add
enough value to stay viable as information arbitrage brokers in a
telepathic world.

So where do we go from there? (Is telepathy compatible with the
continued existence of capitalism?)

Posted by Charlie Stross at 19:37 on July 19, 2015

-- 

((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))

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