Cloud capital is physical networked machinery plus unwaged user labor
Evidence
Cloud capital is, physically, defined as the agglomeration of networked machinery, software, AI-driven algorithms and communications’ hardware criss-crossing the whole planet and performing a wide variety of tasks, new and old, such as: Inciting billons of non-waged people (cloud serfs) to work for free (and often unconsciously) at replenishing cloud capital’s own stock (e.g. to upload photos and videos on Instagram or TikTok, or submit film, restaurant and book reviews) Helping us switch off the lights while recommending to us books, films and holidays, etc. — Yanis Varoufakis, Technofeudalism, 850
Categorization
- DEFINE: Defines cloud capital physically as networked machinery, software, and AI, distinguishing it from immaterial or purely financial capital.
- corroborated: 2 independent passages support this claim — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 850
- XREF: connects to: Colonial-style ownership extends to device production and cloud computing capacity — Nick Couldry & Ulises A. Mejias, The Costs of Connection: How Data Is…, 92; Surface assistant devices are cogs in vast cloud networks that command their users.; Cloud capital’s key innovation is self-reproduction through unpaid user labor — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 319 (+13 more)
Broader Connections
- Cloud capital’s key innovation is self-reproduction through unpaid user labor
#corroborates(0.95) — Yanis Varoufakis, Technofeudalism, 319 - Users rather than paid employees produce cloud capital outside markets
#corroborates(0.90) — Yanis Varoufakis, Technofeudalism, 334 - Cloud capital uniquely combines attention-holding, free labour and privatised transaction spaces
#expands(0.85) — Yanis Varoufakis, Technofeudalism, 381 - Cloud capital made humanity work for free or a pittance
#corroborates(0.85) — Yanis Varoufakis, Technofeudalism, 444 - Cloud capital is capital’s mutation into feudal wealth extraction, not capital’s death
#complicates(0.80) — Yanis Varoufakis, Technofeudalism, 906 - Cloud capital functions as a produced means of behaviour modification.
#complicates(0.75) — Yanis Varoufakis, Technofeudalism, 655 - Unpaid cloud-serf labor shrinks aggregate demand and deepens economic crises
#complicates(0.75) — Yanis Varoufakis, Technofeudalism, 639 - Cloud capital shatters individuals into manipulable fragments of data
#complicates(0.75) — Yanis Varoufakis, Technofeudalism, 660