by David Hoyt
In his recent book, Crack-Up Capitalism: Market Radicals and Dreams of A World Without Democracy, historian Quinn Slobodian offers what might be the closest thing we have to an epigraph for our present moment.
Silicon Valley often forgets its Hegel at its own risk. The German philosopher taught that the master is always dependent on the slave. Neither island nor cloud can exist without its underclass. Beyond the masses of app-mediated gig workers, even the vaunted artificial intelligence programs work only because of the often repetitive routines… of labor both skilled and unskilled…The cloud floats because the underclass holds it up. Time will tell if they drop their arms one day and make something new.
Slobodian is one of a few thinkers taking the risk of writing contemporary history, one of the most difficult but important of genres, especially in a disoriented and shifting age. Shipwrecked attempts litter the shoals of our rising seas, many once registered under the flags of oracular business consultants or breathless Great Man hagiographies. Does anyone now think the world was ever flat? The present, to invert a mid-century novel’s famous opening line, is a foreign country. The pernicious side-effect of someone else’s bright idea suddenly dominates everything. What was a trend for decades became a tipping point last week. What seemed important or forgivable no longer is. Causal chains are clouded by changing weather, and the diviners at Farmer’s Almanac have thrown in the towel. “Is there anything Jack Ma can’t do?” a dazzled writer asks of the founder of China’s e-commerce giant, Alibaba, in 2012. Yes, it turns out, there is: Say no to Xi Jinping.
Distortions of attention are the hazards of thinking contemporary history. Already, free-range attention spans are further shortened when captured by the digital economy, and successions of world historical events are occluded by the price of gas or ground beef or manufactured online hysterias. Lotus-eaters all, we are desperately in need of reliable sea charts, healthier sustenance, and a repaired memory of where we were once trying to go.
In the pre-pandemic decade of the 2010’s, two narratives arose in relative independence of one another and now appear, in retrospect, to be much more closely intertwined: the phenomenon and critique of global inequality (most closely associated with the French economist Thomas Piketty), and the explosive growth of a new form of capitalism known as the platform economy or surveillance capitalism (closely associated with behavioral psychologist Shoshana Zuboff). Both developments were late expressions of the period of globalization that would conclude with the partial unraveling of the economic entente cordiale between the United States and China, beginning in the First Trump Administration.
What a handful of recent studies suggest is that the explosive growth and wealth of the second development – platform capitalism – has structurally contributed to the historical spike of the latter – global income and wealth inequality — since the Great Financial Crisis of 2008. Read more »

In 2001,
Back in December of 2022, I was on top of the world. I was introducing my entire family to my girlfriend, and we were just weeks away from the trip of a lifetime:

I read Ben Lerner’s new novel, Transcription, in one day. I started reading it on my iPad at around 7:30 am as I sat at my kitchen table, sipping coffee and eating a piece of cake that my partner had made. Later, I continued the novel during my lunch break as I ate leftover sausage and rice. Near the end of the workday, after I had finished all my meetings, I finished the novel, then I rode my bike home, looked at my phone for a bit, ate some chocolate covered coffee beans, drank a glass of orange juice, and started writing. I don’t feel like I have much to say about Lerner’s novel except that it’s largely about screens and food, so it’s fitting that I mostly read the novel on a screen while eating. Is this profound? No, not really. Lerner’s novel, I feel, is not so profound either. It’s an internet novel, and a pandemic novel, and there’s a lot of doubling (as in his other novels), but it all feels rather lightweight. When I got to the end of the 144-page book—which is mostly dialogue—I thought, hey, this is Sebald-lite! There’s a revealing anecdote that connects previous events in the novel to the Nazis, but whereas in Sebald’s Austerlitz I felt actual shock and terror at the revelation of Austerlitz’s past as a Jewish child escaping the Germans, here I simply acknowledged Lerner’s cleverness. Part of the reason is that Lerner’s intelligence can feel like a parlour trick, and it’s perhaps not surprising that Lerner is a former debate champion, that activity that prizes the appearance of intellect and erudition over any real substance or conviction.

prince. The prince convinces Jones that if he provides access to his checking account, the prince will deposit $5 million ($5,000,000.00 USD) in it. Jones finds this proposition attractive and provides his account number, login credentials and password. Much to Jones’s surprise, however, instead of depositing $5 million ($5,000,000.00 USD) as he promised, the prince uses Jones’s credentials to empty Jones’s account. Now suppose Jones files a complaint against his bank alleging that the bank improperly allowed an unauthorized withdrawal from his account. What should be the result?
At this point in time, I would have expected to see more “AI religions”, or religious movements focused on AI. Why are there no churches of AI or scriptures of AI worship? I don’t mean use of AI in traditional organized religion, such as the German and Finnish churches experimenting with ChatGPT-written sermons, or bots trained on Jesus or Buddha’s teachings. Rather, I mean movements that treat AI as divine and sacred, a source of revelation, as the vessel for humanity’s salvation.
Roldy Aguero Ablao. Talaya’ 3000, 2023.


A few years ago I shared a draft of a sonnet sequence with a poet from the Northwest I had followed for a while. I asked him if he’d give the piece a once-over and provide some critique, and his reading was perceptive and useful for me. One comment drew my attention in particular: “I fall flat on ‘beauty,’ ” he wrote. “This is the one place in the poems the image turns outward into metaphor that cannot be touched — ‘beauty’s hidden folds’ is a no-thing” he wrote, pointing out at the last line of the second sonnet.
