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The Internet's Network Efficiencies Are Destroying the Middle Class 674

Hugh Pickens DOT Com writes "Joe Nocera writes in an op-ed piece in the NYT that the same network efficiencies that have given companies their great advantages are becoming the instrument of our ruin. In the financial services industry, it led to the financial crisis. In the case of a company like Wal-Mart, the adoption of technology to manage its supply chain at first reaped great benefits, but over time it cost competitors and suppliers hundreds of thousands of jobs, thus gradually impoverishing its own customer base. Jaron Lanier says that the digital economy has done as much as any single thing to hollow out the middle class. Take Kodak and Instagram. At its height, 'Kodak employed more than 140,000 people.' Kodak made plenty of mistakes, but look at what is replacing it: 'When Instagram was sold to Facebook for a billion dollars in 2012, it employed only 13 people.' Networks need a great number of people to participate in them to generate significant value says Lanier but when they have them, only a small number of people get paid. This has the net effect of centralizing wealth and limiting overall economic growth. It is Lanier's radical idea that people should get paid whenever their information is used. He envisions a different kind of digital economy, in which creators of content — whether a blog post or a Facebook photograph — would receive micropayments whenever that content was used. 'If Google and Facebook were smart,' says Lanier, 'they would want to enrich their own customers.' So far, he adds, Silicon Valley has made 'the stupid choice' — to grow their businesses at the expense of their own customers. Lanier's message is that it can't last. And it won't." The micropayments for content idea sounds familiar.

Comment Re:Really, Slashdot? (Score 1) 135

When I log into my bank account, my username and password are not in the URL and certainly not passed unencrypted over the wire. They are happily stored in the LastSession.plist file though.

Feel free to supply a suitably masked copy of the lines from your own LastSession.plist that you believe is doing that.

I suspect that someone doesn't know exactly where the autofill passwords come from (Keychain) and assumes that they're in the LastSession properties list.

Comment Re:Hello Streisand. Welcome to the spotlight. (Score 1) 326

So now everyone on /. knows

Oh gosh. Now Slashdot knows. You do realize that, while a decade ago that meant something, now it's meaningless. There aren't enough eyeballs here anymore to Slashdot an IIS4 server running on a 128bps fractional T1. Okay, maybe if it was running NT 3.5.1.

Comment C The Source (Score 1) 199

#define P(X)j=write(1,X,1)
#define C 39
int M[5000]={2},*u=M,N[5000],R=22,a[4],l[]={0,-1,C-1,-1},m[]={1,-C,-1,C},*b=N,
*d=N,c,e,f,g,i,j,k,s;main(){for(M[i=C*R-1]=24;f|d>=b;){c=M[g=i];i=e;for(s=f=0;
s=0&&k=16!=M[k]>=16))a[f++
]=s;if(f){f=M[e=m[s=a[rand()/(1+2147483647/f)]]+g];j=jb++?b[-1]:e;}P(" ");for(s=C;--s;P("_")
)P(" ");for(;P("\n"),R--;P("|"))for(e=C;e--;P("_ "+(*u++/8)%2))P("| "+(*u/4)%2
);}

shapiro.c from IOCC 1985

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