Demonetization? Clearly the trend is in the opposite direction. Fetch virtually anything from 15 years ago on Wayback Machine and it the lack of monetization will be beyond conspicuous. Smart phone vs. VCR as an example of de-monetization really made me laugh. The beauty of VCR's is that they were things, offered for sale, not for rent. You bought it, you owned it. Its replacement, the "set-top box" (or smart phone, take your pick) is a pay-by-the-month proposition. Operations like "recording" or "saving" things on the set-top box are of course not implemented as recording or saving in any sense. All the shows are files, it's just a question of what's "marked as deleted" (or marked as paywalled) relative to your account. It's artificial scarcity all the way down.
Goods in exchange for data requires monetization of data, which in turn requires Digital Restrictions Management and the end of general purpose computing and all that. Also requires very strong intellectual property protections; leading to the dollars-on-the-penny profit margins mentioned by Robert Myers elsewhere in this comment stream. Even if you accept those strictures, I don't realistically see people getting a livelihood level of income from passive contributions to the data hoards of companies.
It seems you've redefined "demonetization" (or maybe Diamandis has) as use of things other than money for paying for things. I understand demonetization to be the reversal of monetization, which would be very, very different (although probably too idealistic to be realistic).
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Demonetization? Clearly the trend is in the opposite direction. Fetch virtually anything from 15 years ago on Wayback Machine and it the lack of monetization will be beyond conspicuous. Smart phone vs. VCR as an example of de-monetization really made me laugh. The beauty of VCR's is that they were things, offered for sale, not for rent. You bought it, you owned it. Its replacement, the "set-top box" (or smart phone, take your pick) is a pay-by-the-month proposition. Operations like "recording" or "saving" things on the set-top box are of course not implemented as recording or saving in any sense. All the shows are files, it's just a question of what's "marked as deleted" (or marked as paywalled) relative to your account. It's artificial scarcity all the way down.
Goods in exchange for data requires monetization of data, which in turn requires Digital Restrictions Management and the end of general purpose computing and all that. Also requires very strong intellectual property protections; leading to the dollars-on-the-penny profit margins mentioned by Robert Myers elsewhere in this comment stream. Even if you accept those strictures, I don't realistically see people getting a livelihood level of income from passive contributions to the data hoards of companies.
It seems you've redefined "demonetization" (or maybe Diamandis has) as use of things other than money for paying for things. I understand demonetization to be the reversal of monetization, which would be very, very different (although probably too idealistic to be realistic).