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Welcome to the Age of Technofeudalism - Interview with Yanis Varoufakis (www.wired.com)

submitted 6 months ago* (last edited 6 months ago) by lemmyreader@lemmy.ml to c/technology@lemmy.world

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[–] 0x0@programming.dev 14 points 6 months ago* (last edited 6 months ago)

To Varoufakis, every time you post on X, formerly Twitter, you’re essentially toiling Elon Musk’s estate like a medieval serf. Musk doesn't pay you. But your free labor pays him, in a sense, by increasing the value of his company. On X, the more active users there are, the more people can be shown advertising or sold subscriptions.

The irony being you can buy it on Amazon...