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Technology
Flattened: Disintermediation Goes Global

The unpredictability of the current global system goes all the way up, and all the way down.

Appeared in: Volume 13, Number 1 | Published on: July 3, 2017
Gordon Dee Smith is CEO of private intelligence agency Strategic Insight Group, a member of the Council on Foreign Relations and the Bretton Woods Committee, and vice-chair of the Advisory Council of the Lozano Long Institute of Latin American Studies/Benson Library at the University of Texas at Austin.
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  • Gary Hemminger

    As someone who graduated from Berkeley and Stanford in the 80’s, majoring in computer science, and focusing my career on networking here in Silicon Valley, I can tell you that for years I have seen with my own eyes the danger that these communications platforms are to society. They are not all bad of course. there are a lot of positives. But the idiots are now able to make their voices heard in a manner that they were not before. And leaders are taking advantage of this. The anonymous nature of the whole thing is really a problem. This is going to get worse before it gets better. I see almost nothing but downside with apps like facebook. And now the leading companies by valuation in the world are Amazon, Apple, Google, and Facebook. They have unprecedented power and are using it like the robber barons to create Octopus like structures which are going to cause many problems for society. In the old days, at least the Democrats controlled these types of institutions. Now the Democrats are no longer a political party, but an ideology, and this ideology has been purchased lock, stock, and barrel by the tech robber barons.

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