Without fair compensation, people will be left behind in the digital age from "summary" of Who Owns the Future? by Jaron Lanier
Fair compensation is crucial in the digital age because it determines who benefits and who gets left behind in the constantly evolving landscape of technology. When people are not properly compensated for their contributions to the digital economy, they are essentially being exploited for their labor and creativity. This ultimately leads to a concentration of wealth and power in the hands of a few, while the majority struggle to make ends meet. In the traditional economy, labor was compensated fairly through wages and benefits. However, in the digital economy, the value of individual contributions is often overlooked or undervalued. This creates a system where a small group of companies profit immensely from the collective data and content generated by millions of users, without adequately compensating them for their contributions. This imbalance in compensation has far-reaching consequences for society as a whole. It not only exacerbates income inequality but...
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