The Vergecast

Jaron Lanier's ideas for the future

24 snips
Apr 9, 2019
Jaron Lanier, a visionary in virtual reality and computer philosophy, joins Nilay Patel to discuss his optimistic view for the future. They delve into the manipulation economy, highlighting the importance of individuals taking control of their data. Lanier proposes the concept of a Mediator of Individual Data to empower users in the digital age. He critiques the roles of tech giants and emphasizes the potential of collectives to negotiate better terms. The conversation also touches on the intersection of creativity, economics, and the transformative potential of virtual reality.
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INSIGHT

Data Royalties and MIDs

  • Individuals should control the price of their data and join data mediator organizations (MIDs).
  • Thousands of data royalty streams will build up over a lifetime, empowering users.
INSIGHT

Local Optimization and MIDs

  • Global optimization is mathematically impossible; local optimization is the only reality.
  • MIDs prevent individuals from being underpaid and exploited in a purely competitive market.
INSIGHT

Fiduciary Responsibility and Intermediaries

  • Tech platforms cannot act as fiduciaries for everyone globally; this leads to authoritarianism.
  • Intermediate-sized organizations with brand and quality, like The Verge, foster civility and maturity.
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