One of the things that sticks-out about this talk on technology’s effect on Capitalism for me is, the concept of Non Rival goods. Rival goods are something like a parking space, or an ice cream cone. Usually only one person uses these at a time. One of the effects that digital data have had on Rival Good s like music, is that before the internet, if you had a CD, vinyl album, or cassette, only one person could play it at a time. But, the web makes it so that the same song file can be copied, and just because you’re playing it right now doesn’t mean I can’t play it at a completely different location at the same time, as well as a trillion other people for that matter. Something else that stood out about his argument is: W hen iTunes had ninety-five percent of the online music market share, Love Me Do by T he Beatles and some awful B-Side song from an unknown band both cost the same price, 99 cents. Which demonstrates that this is not Capitalism, but something more like controlled
When you stop dismantling the world as you know it you stop learning