#platformcapitalism — Public Fediverse posts

Why your fare cost so much, and uber drivers get paid so little:
It is the result of a highly calculated corporate strategy known as surveillance pricing (or algorithmic personalized pricing).
In a genuine free market, prices function as transparent signals shaped by open supply and demand. Both buyers and sellers see the market rate, ensuring fairness. If a business overcharges, consumers walk; if it underpays, workers leave for a competitor.
Surveillance pricing completely subverts this dynamic by weaponizing information asymmetry. Using a massive hoard of data, the platform creates an invisible digital partition between the customer and the service provider. Instead of a shared, transparent marketplace, the algorithm isolates both sides into separate, closed-door negotiations where the platform holds all the cards.
For the passenger: The algorithm calculates the exact upper ceiling of what you will tolerate paying at that specific second—factoring in everything from your immediate location, time of day, and urgency, to your historical behavioral trends.
For the driver: The platform acts as an electronic monopsony (a market with many sellers but only one dominant buyer of labor). It isolates the worker and calculates the absolute structural floor of what that specific driver will accept to keep their car moving. By dangling unpredictable, variable incentives, it extracts hours of uncompensated labor (waiting and idling time), leaving the driver to absorb all the capital risk, vehicle depreciation, and fuel costs.
By blinding both sides of the transaction, the platform acts as a centralized command structure rather than a passive matching service. It systematically strips away the "consumer surplus" (the extra value and savings a buyer gets) and the "producer surplus" (the fair profit a worker keeps) and absorbs that wealth entirely for itself.
This mechanism is profoundly anti-free market because it replaces transparent competition with a proprietary information monopoly. True markets thrive on decentralized, shared knowledge; this system relies entirely on keeping everyone else in the dark.
#SurveillanceCapitalism #GigEconomy #PlatformCapitalism #FreeMarket #Economics #monopsony

Controls [from the archives, 9 May 2021]. Originally performed and recorded for the Modular World 1st anniversary show (8-9 May 2021) which was a massive livestream event of 33+ hrs during the pandemic lockdowns.

During the lockdown years, Modular World became one example of a fairly niche thing gathering people together worldwide to make experimental art online - when it was not possible to organize the usual small local performances - to create something positive and reach more people than they ever could individually. As the pandemic finally, thankfully, subsided, however, it seems that people went back to the enclosed local communities, and these types of global online communities lost their drive. 

Also the rapidly accelerating #enshittification cycle of the past few years has buried the visibility of these kinds of communities from all major social media platforms. Of course, as Cory Doctorow ( @pluralistic ) has been pointing out for years, the enshittification of these platforms started much earlier. But somehow amid the pandemic, this niche scene still seemed to flourish, and it was only after Silicon Valley lined up to kiss the ring that the aggressive changes to the algorithms really seemed to change things. 

Maybe this is correlation more than causation, but as activity at such niche scenes is often also created by fairly principled DIY-oriented people, it seems that many (myself included) have struggled with justifying why we keep feeding these platforms. This disillusionment is further exacerbated by the rise of the AI-slopmachine that will rip off all the non-commercial work from these platforms just like everything else. Online activity that gathers enough momentum to actually keep things active has in these types of niche scenes been very much dependent on instagram and youtube. Over the past few years, the visibility of this type on stuff that doesn’t try to optimise for the alorithm has plummeted. 

Perhaps all of this has resulted in events such as the Modular World shows reaching fewer and fewer people. As wonderful as the promise of #Fediverse is, so far it seems that we’re very far from reaching the critical mass where it would actually start reaching new people. If the utopian enclave remains enclosed, it eventually dwindles away.

But we can try! I’m posting these weird little Johannes Karkia mini music videos and performances here bit by bit. It’s a transfer of archive, posted on insta & youtube over th years, and also new work now & then. 

But also Modular World does still exist! Go check out their channel: https://www.youtube.com/live/07ErB3AjlAo?is=qr9q2pXlhWm7Hie2 (Full performance of this piece, and interview with MW’s Johno Wells there on the Modular World youtube channel and on the Johannes Karkia youtube channel [link in the bio above], audio track also on Bandcamp).

#enshittification #fediverse #modularsynth #modularworld #anniversary #liveshow #electronicmusic #modulartechno #covid19 #pandemic #darkwave #eurorackmodular #community #surveillancecapitalism #platformcapitalism #algorithm #bigtech #siliconvalley #kissthering #socialmedia #utopianenclave #utopianism

As #Invidious and piped.video are not to be used by third parties (for good and understandable reasons) and for those who can't or don't want to self-host, is there still a #privacy-preserving non-#CORS #YouTube proxy REST API out there somewhere?

#FollowerPower #privacyMatters #MyPrivacyisNoneOfYourBusiness #SurveillanceCapitalism #dataCapitalism #platformCapitalism #digitalFeudalism #GDPR #predatoryCapitalism #privacyPreserving #privacyFriendly #privacyRespecting #digitalSelfDefense