Newsletter #29: Sci-Fi Economics

Medium, changeist, economics, infrastructure, bizniz, chaebol, fragility, sci-fi economics

If you thought seat licenses were lucrative in the 1990s, wait until its city blocks in the 2020s. All are becoming increasingly embedded in physical systems, supply chains, mobility platforms and the architecture of data that makes these and other elements of the real world. One had only to notice how many seemingly incidental displays were malfunctioning in and around mass transit systems during the recent WannaCry ransomware outbreak to get a sense of where these companies systems are entwined with delivery of public conveniences. AWS, WhatsApp, Gmail and Facebook Messenger are now the mission critical sinews of the modern world. But you knew this.

via https://medium.com/phase-change/newsletter–29-sci-fi-economics–4a22d590d55f