What is Surveillance Capitalism?

Surveillance capitalism is a new economic logic, which extracts behavioral data to feed machine intelligence to fabricate predictions about future human behavior.
Also available as blog post: / what-is-surveillance-c...
This video explains this emerging kind of capitalism in more detail by explaining its origin, giving examples, talking about the most prominent players and providing theoretical economical background. Furthermore, it outlines the consequences for our society and provides an regulatory approach as well as recommendations how to avoid these unethical business practices.
The common saying:
"If the service is free you are the product" is not exactly right.
You are not the product, your behavior data is the raw material - the supply - to produce prediction products, which are sold to advertisers.
Surveillance capitalists see your behavior data as their proprietary and use the data to feed machine intelligence to fabricate sophisticated prediction products. These prediction products are then traded on behavioral futures market places. The more data is fed into this new machine intelligence-based "means of production," the more powerful are its prediction products.
Data detox kid: datadetoxkit.o...
Sources:
Shoshana Zuboff: The age of surveillance capitalism (book)
humanetech.com
newlaborforum....
www.theguardia...
www.theguardia...
www.theverge.c...
/ on-surveillance-capita...
/ 1145515699378388992
Full London Real video with Andreas Antonopoulos:
• Video
Music by: www.purple-pla...
Additional sound effects from www.zapsplat.com

[@alexcurran9836]

Great video

[@pandittroublejr]

Good...

[@jurgenh.3025]

nice