There was a brief moment, in the early 1990s, when the digital future felt open-ended and up for our invention. Technology was becoming a playground for the counterculture, who saw in it the opportunity to create a more inclusive, distributed, and pro-human future. But established business interests only saw new potentials for the same old extraction, and too many technologists were seduced by unicorn IPOs. Digital futures became understood more like stock futures or cotton futures — something to predict and make bets on. So nearly every speech, article, study, documentary, or white paper was seen as relevant only insofar as it pointed to a ticker symbol. The future became less a thing we create through our present-day choices or hopes for humankind than a predestined scenario we bet on with our venture capital but arrive at passively.
This freed everyone from the moral implications of their activities. Technology development became less a story of collective flourishing than personal survival.
douglas rushkoff on the escapist nihilism of the 0.01%.
And by “escapist nihilism” I mean, “The super-wealthy believe the world is fucked and, rather than use their money to try and fix it, they’re plotting to escape… and leave the rest of us behind.”