Surveillance Capitalism And PsyWar
29th July 2024
Surveillance capitalism is a novel economic system that has emerged in the digital era. It is characterized by the unilateral claim of private human experience as free raw material for translation into behavioral data. In this version of capitalism, predicting and influencing behavior (political and economic) rather than producing goods and services is the primary product. This economic logic prioritizes extracting, processing, and trading personal data to predict and influence human behavior by exploiting those predictions for various economic (marketing) and political objectives.
More accurately ‘surveillance socialism’.