Friday, November 10, 2017

CAN WE SURVIVE BIG TECH?

Franklin Foer, World Without Mind: The Existential Threat of Big Tech (New York: Penguin Press, 2017):
Bookstores play an indispensable role in our capitalist system. They are an employment program for failed graduate students; they show how low margins and bake-sale profits will not defeat the spirit of entrepreneurship. Anyone who has browsed the literary theory aisle or studied the analytics for Russian novels can surely see how the road to the economy's commanding heights begins with bookselling. Perhaps it took a visionary to understand the untapped profit potential of the book. And to be sure, only Jeff Bezos could see how the ancient technology of inkling words one\to deceased vegetation was the ideal vehicle for winning the Internet, a gambit for dislodging and then surpassing Walmart as the king retail.
Id. at 79.