If Libra and Calibra are successful, Facebook will have control of information (Facebook, WhatsApp, and Instagram), weaponized information (a virtual military), and currency (Libra). I’m pretty sure that makes Facebook the largest government on earth.
Data-driven Decision Making
Techlash has been brewing for years. No one should be surprised that “Break up big tech!” is a major talking point for many 2020 presidential hopefuls. But how, exactly, would this be accomplished? And, what would the world look like in the aftermath?
In a rare show of bipartisan unity this past Wednesday, Republicans and Democrats on the House Oversight Committee expressed concerns over the rapid spread of facial recognition software used by technology companies. This should make you stop and think very long and hard about what your elected leaders do not understand about the world we live in.
Wikiality, “the best narrative wins,” has all but replaced reality. Fiction often replaces facts. Lies are harder and harder to separate from truths. A pure democracy is truly dangerous to powerful people. Narratives are hard to control. Which raises the question, can a constitutional republic (or a bunch of other elected central governments) control a true democracy that is the direct voice of about 55 percent of the global population?
We get to work with super-smart people who are being forced to adapt their organizations to the accelerating pace of exponential change. The process is generally known as “digital transformation.” But that is a misnomer. There’s no such thing as analog transformation, or quantum transformation. By definition, all current technological transformations are digital. It is also important to point out that technology is ephemeral – the only successful path to digital transformation is through sociological transformation – so we need a new name!