Zuckerberg’s Lock-in Effect

What’s keeping Facebook CEO Mark Zuckerberg up at night? Is it imaginable that he, despite public denials, feels at least some kind of worry about Facebook’s prominent role in the dramatic reshaping of the political landscape and the increasing polarization that can be witnessed in many countries? Does he ever have doubts about whether the company lives up to its promise to “make the world more open and connected” in the long run? Could the 32-year-old at least occasionally ponder the possibility that the sweeping changes that are shaking the foundations and structures of modern societies, might be much more sever due to Facebook?

Only Mark Zuckerberg himself knows the honest answer. But let’s for hypothetical reasons entertain the idea that the creator and head of history’s probably most influential company at least wouldn’t totally rule out negative effects that his platform’s dominance has on trust in democracy and on the ability of public consensus-building – it tragically would not matter. Zuckerberg wouldn’t be able to do anything about it. And that despite him having managed to retain so many voting rights that he technically can do whatever he wants – as long as it serves the company goals, of course. Continue Reading

Saving obsolete jobs

Information technology, automation and globalization are eliminating many jobs. The intensity of this process keeps increasing.

Meanwhile, new jobs are emerging. But this process takes time, and the new jobs require different skill sets than those that disappear. In consequence, a growing number of people in the “modern” world are facing unemployment and existential crisis. People who often lack the resources and mental frameworks to choose alternative roads (such as self-education or entrepreneurship). Not the cognitive capacity, but the tools to access it.

Politicians are faced with 2 alternatives for how to deal with the situation: Continue Reading