Imagining New Institutions for the Internet Age – OneZero

“In a world awash in information, the curator is king. Behind each digital throne is an algorithm, a specialized artificial intelligence that is powered by data. More data means better machine learning which attracts more talent that build better products that attract more users that generate more data. Rinse, repeat. This positive feedback loop means that A.I. tends toward centralization. Centralization means monopoly and monopoly means power. That’s why companies like Google and Facebook post annual revenues that dwarf the gross domestic product of some countries.”

Imagining New Institutions for the Internet Age – OneZero
https://onezero.medium.com/imagining-new-institutions-for-the-internet-age-bf17212063db
via Instapaper