The Rise of Surveillance Capitalism

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The Rise of Surveillance Capitalism

..started to watch and found that this is a snowden level revelation without the secracy aspect. i find it essential information for everyone. video 1.44 hrs.

The Rise of Surveillance Capitalism

Join The Intercept’s senior correspondent Naomi Klein and Harvard Business School professor Shoshana Zuboff, author of “The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power,” for an engaging discussion about the unprecedented form of power called “surveillance capitalism” and the quest by corporations to predict and control our behavior.

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Age of Surveillance Capitalism: “We Thought We Were Searching Google, But Google Was Searching Us”

SHOSHANA ZUBOFF: Surveillance capitalism departs in many ways from the history of market capitalism, but in a fundamental way it is continuous with that history. We know that capitalism has evolved by taking things that live outside of the market, bringing them into the market dynamic, transforming them into commodities that can be sold and purchased. So, famously, industrial capitalism claims nature for the market; it is reborn as real estate, as land that can be sold and purchased. It claims work for the market, reborn as labor that can be sold and purchased.

So, surveillance capitalism continues this tradition, but with that dark twist. In our time, surveillance capitalism claims private human experience for the market dynamic as a free source of raw material that is translated into behavioral data. These data are then combined with advanced computational abilities to create predictions—predictions of what we will do, predictions of our behavior, predictions of what we will do now, soon and later. And these predictions are then sold to business customers in a new kind of marketplace that trades exclusively in human futures.

This was first invented in the context of online targeted advertising at Google back in 2000, 2001, in the teeth of financial emergency during the dotcom bust. But the same economic logic has now traveled not only from Google to Facebook and throughout the tech sector, but now throughout the normal economy into virtually every economic sector.