Screen shoot of a website, I think it fairly well depicts what these entities are doing, mining value out of our data.
quote from “The Start-up of You: Adapt to the Future, Invest in Yourself, and Transform Your Career” by Reid Hoffman, Ben Casnocha –
“Pretending you can avoid risk causes you to miss opportunities that can change your life. It also lulls you into a dangerously fragile life pattern, leaving you exposed to a huge blow-up in the future. What’s more, you can never perfectly anticipate when inflection points or any other career-threatening event will occur. When you’re resilient, you can play for big opportunities with less worry about the possible consequences of unanticipated hiccups. For the start-up of you, the only long-term answer to risk is resilience. Remember: If you don’t find risk, risk will find you.”
Start reading this book for free: http://a.co/4Sxm2h3
For economic superiority, they find that advances in AI could result in a new industrial revolution.
Former U.S. Treasury Secretary Larry Summers has predicted that advances in AI and related technologies will lead to a dramatic decline in demand for labor such that the United States “may have a third of men between the ages of 25 and 54 not working by the end of this half century.”
Like the first industrial revolution, this will reshape the relationship between capital and labor in economies around the world. Growing levels of labor automation might lead developed countries to experience a scenario similar to the “resource curse.”
Also like the first industrial revolution, population size will become less important for national power. Small countries that develop a significant edge in AI technology will punch far above their weight.