earm my trust, and consider unintended consequences
I agree with the premise of your column, however, you're overlooking a significant barrier for those in the Luddite crowd. Specifically, that is Trust. Modern capitalism does not work without it. It took the Sherman AntiTrust Act of 1890 and the Securities Exchange Act of 1934 to stop monopolies and market collusion in order for investors to put their trust in the markets. Today's information technology does wonderful things, but we are fast approaching an inflection point where security and privacy issues (lack of trust) will have a negative effect on the whole system. Why should I bother registering my Starbucks Card online to reload it from my checking account and then pay for my latte with a barcode app on my phone, and risk my identity and finances to hackers, when a simple $5 bill will suffice. That's the question I put to you. Technology has made huge advances in the last decade, but the corporations have not truly put the customer's interests first. Perhaps they do, but look at Target's breach. Even the best laid plans are subject to unintended consequences or human mistakes. As for GMO crops, I think people look at the factory food industry and think, gee, in the beginning we all thought TV dinners were terrific but now that we look at the ingredients, maybe you shouldn't eat a lot of them. Likewise, maybe GMO is genius. Only the next 50 years will tell us what the unintended consequences are. Finally, we are in a time period where the government has a trust and credibility gap as well. So on behalf of us Luddites out there, don't tell me you care, show me.
User Rank: Apprentice
4/2/2014 | 2:09:12 PM