Saturday, April 20, 2024

The End of the Cyber-Frontier

Back in the 1990s the cyber-utopians, reflecting their ideological background, seemed inclined to portray the Internet as a new frontier for the taking. (Indeed, Thomas Friedman, in the midst of lionizing Enron for its business model that he was sure was a perfect symbol of how the twenty-first century would belong to America, exalted its activity as part of a great "cyberspace land grab.")

Today there is no sense of anything like that online, the cyber-frontier long since closed--and, just as with the frontier in American history rather than the version of it the mythmakers continue to promulgate to this day, the result has been less a mass enfranchisement of the many than the further enrichment of an already rich few, as we are reminded by how much, regardless of how Jim Cramer rearranges the letters in his acronyms, a handful of giant firms, the same ones for rather a long time now, have turned what (falsely) seemed an unclaimed continent ripe for the taking into their private domains, and that ever more fully as such of the small freeholders who had made a place for themselves find their situation less and less tenable.

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