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Saturday, January 23, 2016

Silicon Valley Maven Says The Internet Concentrates Wealth At The Top

"Automation, Robotization, Software-Enhanced Productivity And Permanent Job Loss"

Silicon Valley Entrepreneur Says Internet Often Falls Short On Its Promise

Andrew Keen is pictured in Amsterdam in 2015. (Vera de Kok/Wikimedia Commons)
Andrew Keen is pictured in Amsterdam in 2015. (Vera de Kok/Wikimedia Commons)
Although Andrew Keen works in Silicon Valley, he took the Valley to task last year with the publication of his book, “The Internet Is Not the Answer.” In it, Keen argues that the Internet often hurts the middle class, artists, and small businesses.
As he told Here & Now‘s Jeremy Hobson, “the economics of the Internet lend themselves to a winner-take-all economy.”  Keen is also skeptical of claims that the Internet promotes democratization and egalitarianism.
“The Internet is Not the Answer” came out in paperback this month. Today we revisit Jeremy Hobson’s conversation with Andrew Keen from last March.

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