For all its supposed complexity, our digital future does have a logic shaping its basic foundations. It’s mostly an interplay of two conflicting dynamics: one of data extractivism – propelled primarily by big tech’s dependence on new sources of data; and one of data distributism – propelled by all those opposed to big tech’s rapid ascendance.
The latest example of the former dynamic comes from the Wall Street Journal, which has uncovered Facebook’s efforts to cajole banks into sharing their customers’ data, including account balances and card transactions (Facebook says it’s not “actively” seeking such data).
Continue reading...from The Guardian https://ift.tt/2OHbiH2
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