Showing posts with label fintech. Show all posts
Showing posts with label fintech. Show all posts

Atwood, Margaret. The Handmaid's Tale

Here's a short review of Atwood's classic over at The Guardian (by Charlotte Newman), plus Margaret Atwood's entry at the Science Fiction Encyclopedia.

And here's a snippet:
"Sorry, he said. This number's not valid.
  That's ridiculous, I said. it must be, I've got thousands in my account. I just got the statement two days ago. Try it again.
  It's not valid, he repeated obstinately. See that red light? Means it's not valid.
  You must have made a mistake, I said. Try it again.
  He shrugged and gave me a fed-up smile, but he did try the number again. This time I watched his fingers, on each number, and checked the numbers that came up in the window. It was my number all right, but there was the red light again."
And:
She got up and went to the kitchen and poured us a couple of Scotches, and came back and sat down and I tried to tell her what had happened to me. When I'd finished, she said, Tried getting anything on your Compucard today?
  Yes, I said. I told her about that too.
  They've frozen them, she said. Mine too. The collective's too. Any account with an F on it instead of an M. All they needed to do is push a few buttons. We're cut off. 

Beukes, Lauren. Moxyland

Lauren Beukes, Moxyland (2008). Review originally appeared on Aargh and doesn't just focus on the economic aspects.

If you are going to write an archetypically bursting-at-the-seams first novel, then cyberpunk is an excellent genre in which (and bursting slightly out of which) to write it.

We get four narrators: Kendra, a Z-list schleb photographer, interested in the aesthetics of both obsolete and prototype technologies; Toby, a vile trustafarian with a magic vlogcaster suit; Tendeka, a slightly naïve community organizer and political activist; and Lerato, an AIDS orphan done good as a hacker with a snazzy corporate day-job. They roll around, exemplifying themselves and their world, occasionally explicitly brushing against each other, occasionally suggesting some more obscure, behind-the-scenes connections, until a horrific police crack-down on a rather intricate scene of civil disorder draws their four narratives together for the final act.

One of them melts.

Borenstein, Greg. @SpeculativeCash

Automatic text generation has been around since c.forever, and so has recombinant artwork. But both these things have turned a corner with the rise of Twitter bots. The critical language and tools for understanding Twitter bots, who are both poets and poems, both cultural producers and cultural products, is still pretty incipient. Nevertheless, if anything deserves entry to a database of economic speculative fiction, it's Greg Borenstein's @speculativecash bot. Borenstein's bot does one thing, constantly: invents new forms of money.

Chambers, Becky. The Long Way to a Small Angry Planet

Becky Chambers, The Long Way to a Small Angry Planet (2014). A gentle, fluent, very cozy space opera with an ensemble cast of chirpy quasi-millennial misfits, with shades of Firefly, Star Trek, Mass Effect, Redshirts, Karen Lord, Ursula le Guin, and Naomi Mitchison.

Here's a snippet about shopping:
“I’ll take it.” Kizzy handed the Harmagian the soap. He took hold of it with two of his smaller tentacles, each covered in a sheath-like glove to protect his delicate skin. He zipped behind the counter and busied himself with foil and ribbon.
   “There you go, dear guest,” said the Harmagian, handing her the attractively wrapped bundle. “Just chip off a little piece of it at a time, it’ll last longer that way.”
Kizzy stuck her nose to the wrapper again. “Mmph, that smells good. Check it out, Rosemary.”
    Rosemary couldn’t help but inhale as Kizzy shoved the block of soap into her face. The scent was thickly sweet and sugary, like a cake. She imagined using it would be like bathing in a meringue.
    “That’s eight hundred sixty credits, if you please, thank you,” the Harmagian said. Kizzy stuck out her hand to Rosemary.
    “Can I have the chip?”
    Rosemary blinked, not sure if she had understood. “You want the company chip?”
    “Yeah, it’s soap,” Kizzy said. “Soap is cool, right?”
    Rosemary cleared her throat and looked down at her scrib. No, soap wasn’t cool, not fancy soap, but how could she tell Kizzy that? She had come onto Kizzy’s ship, been welcomed by Kizzy with open arms, let Kizzy buy her too many drinks, had vastly less experience than Kizzy in things like tunneling and shopping in neutral ports. But even so —
    “I’m sorry, Kizzy, but, um, we can only use the chip for common-use soap. If you want special soap, you have to get it yourself.” She felt the words come out of her mouth, and she hated them. She sounded like a killjoy.
    “But —” Kizzy started. Without a word, Sissix grabbed Kizzy’s wrist and pressed it to the merchant’s scanner. There was a corresponding chirp, indicating her account had been accepted.
    “Hey!” Kizzy said.
    “You can afford it,” Sissix said.
And here's one about getting space-mugged by pirates:
Captain Big tapped xyr chin within xyr mech suit. “If we take ten barrels, will you have enough to reach your next destination?”
    Rosemary asked Corbin the question. He nodded sullenly. “Yes, ten barrels will not be a problem,” she said.
    The conversation had gone from frightening to bizarre. The inflections that Captain Big was using didn’t have a parallel in Klip, but in Hanto, they were downright polite. She would expect to hear this kind of talk in a shop or a restaurant, not while standing at gunpoint. It was as if the Akaraks thought of her as a merchant, with the threat of violence serving as currency.
    “We will require technical supplies as well,” Captain Big said. “Our engines are in need of repair.”
(JLW)

Maughan, Tim. 'Zero Hours'

Tim Maughan, "Zero Hours" (2013). A short, sharp shock about the interface of emerging technologies and low skilled labour (or supposedly low skilled labour, perhaps).

Compare John Maynard Keynes's prediction: "for the first time since his creation man will be faced with his real, his permanent problem – how to use his freedom from pressing economic cares, how to occupy the leisure, which science and compound interest will have won for him, to live wisely and agreeably and well."

Instead, hello gig economy, hello extreme precarity, and hello cognitive capitalism, which "no longer consists, as in the Fordist time, of investment in constant and variable capital (wage), but rather of investment in apparatuses of producing and capturing value produced outside directly productive processes" (Marazzi 2010: p.55). "Zero Hours" is online at Medium.com.

Also see "Four Days of Christmas" at Motherboard.

(JLW)

Stephenson, Neal. Cryptonomicon

Neal Stephenson, Cryptonomicon (1999). A sprawling hysterical-realist adventure techno-thriller that made me a bit sad, in a what-a-waste-of-enormous-talent kind of way. Although it did make me laugh a bit too. Perhaps the kindest thing you can say about its politics is that they dated rapidly? Bro? Anyway, the novel partly concerns the establishment of a kind of cryptocurrency, although it never gets the careful infodump treatment Stephenson gives to some other subjects. In general the presiding political economy of the book has a belligerent libertarian goldbug feel to it, though Stephenson wisely never quite commits himself. Trust goes a long way in establishing a currency, but eventually you're going to need something with intrinsic value, like shiny heavy yellow metal. (I'm exaggerating). Some of the bits that I enjoyed, from an economics perspective, include the long description of how it is possible to have some gold and yet not really have it (it's in the jungle, through miles and miles of geopolitics), and the final lines of the novel, in which a enormous cache of gold is literally dynamited into liquidity.

(JLW)