How the “Internet of Things” is Killing Capitalism

I think there’s a massive degree of overstatement in Rifkin’s argument here (not for the first time) but it’s nonetheless a powerful set of claims. Is he correct that “this is the first new economic paradigm to emerge on the world scene since the advent of capitalism and socialism in the early 19th century”?

2 thoughts on “How the “Internet of Things” is Killing Capitalism”

  1. Reblogged this on Arts Digital Humanities Technology and Science and commented:
    Mentioned on radio this morning but perhaps not that straight forward if you compare to how Open Data can fuel an economy is it really a capitalism killer or simply a better way to not reinvent the wheel and leverage the power of the Net and web. It may change the game but will ir really kill the ability to foster the growth of personal wealth…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.