Friday, August 12, 2011

* The Dartmouth: Facebook: Is This Real Life Or What?

The Dartmouth: Facebook: Is This Real Life Or What?


I know quite a few people, mostly young adults, but not all, who are proud to say that they have accumulated thousands of friends on Facebook.  Obviously, this statement can only be true if the idea of friendship is reduced . . . A hedge fund manager might make money by using the computational power of the cloud to calculate fantastical financial instruments that make bets on derivatives in such a way as to invent out of thin air the phony virtual collateral for stupendous risks. This is a subtle form of counterfeiting, and is precisely  the same maneuver a socially  competitive  teenager makes in accumulating fantastical numbers of "friends" on a service like Facebook. (kindle, 1088+)


Jaron Lanier
You Are Not a Gadget



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