Finance profits by representing and concealing social complexity simultaneously

Evidence

The advance of speculative technologies, which feeds on this contradiction, demonstrates a growing convergence between the worlds of finance and everyday social life. On one level, this convergence evidences the desire of finance to both represent and conceal the complexity of our current social reality in order to create perpetual flows of revenue through the order of the infinite scroll. But what exactly happens as we tap and swipe on such endless image streams? What kind of speculative community is imagined? — Aris Komporozos-Athanasiou, Speculative Communities, 208

Categorization

• XREF: connects to: Financial system complexity now exceeds human cognitive and regulatory capacity — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 39; Finance embraced computers because algorithmic complexity hides gambling as innovation — Yanis Varoufakis, Technofeudalism: What Killed Capitalism, 294