Tag Archives: commoditization

Commoditization = Deflation

Apple’s slumping sales growth in China re-energized discussions on the commoditization of smart phones: the basic idea is that once devices, services, goods, platforms, etc. are interchangeable and can be produced/generated anywhere, they are effectively commodities and their value declines accordingly. In the case of … Continue reading

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Loving Our Servitude in America’s Plantation Economy

One of the themes I’ve been addressing since 2008 is the neocolonial-plantation structure of the U.S. economy. The old models of colonial exploitation that optimized plantations worked by cheap imported labor (or situated in peripheral nations with plenty of cheap … Continue reading

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The Flaws in Basic Income for Everyone

Finland made the news recently by proposing a pilot program of guaranteed income for all, also known as Universal Basic Income: Desperate Finland Set To Unleash Helicopter Money Drop To All Citizens. The goal is two-fold: by providing every household … Continue reading

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Automation Doesn’t Just Destroy Jobs–It Destroys Profits, Too

The idea that taxing the owners of robots and software will fund guaranteed incomes for all is not anchored in reality. Automation is upending the global order by eliminating human labor on an unprecedented scale–and the status quo has no … Continue reading

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The Old Models of Work Are Broken

The only sustainable way to avoid being commoditized is to learn to create value in ways that cannot be commoditized. Though we are still in the early stages of web-enabled automation, it’s already evident that the old models of work … Continue reading

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