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The idea that we are entering an era of techno-feudalism that will be worse than capitalism is chilling and controversial. We asked former Greek finance minister Yanis Varoufakis to elucidate this idea, explain how we got here, and map out some alternatives.
While I appreciate the funny critique of Varoufakis, this is the same point that another Jacobin author makes against the idea of techno-feudalism.
https://jacobin.com/2023/10/cloud-capitalism-technofeudalism-serfs-cloud-big-data-yanis-varoufakis