cybercapitalism · noun — capitalism with regard to the Internet or cyberspace, seeking to raise funds by these means. It carries an Arena rating of 1319, earned across 3 head-to-head judged battles.
Definition from Wiktionary (CC BY-SA 3.0).
Why “cybercapitalism” is a great word
Cybercapitalism is capitalism as it pertains to or is conducted through the internet and cyberspace, often characterized by the pursuit of funding and profit via digital networks and technologies. From the prefix cyber- (relating to computers, information technology, and virtual reality) + capitalism (an economic system based on private ownership and profit motive). Unlike technocapitalism, which emphasizes the deep integration of all technological innovation as a primary driver of capital, or the neutral digital economy, cybercapitalism is the lived fever dream of value extraction that plays out in glowing rectangles and server farms. It is the frantic glow of a NASDAQ ticker reflected on a nocturnal trader's face, the ghostly wheezing of servers cooling a data mine, and the gig worker whose labor exists only as data points in a dispatch algorithm—a system that builds temples from bandwidth and extracts value from the very air we scroll through, where everyone online is always already for sale.
❧ Essay by Lexicurio’s AI · definition, etymology & citations from published sources
Etymology
From cyber- + capitalism.
noun
- Capitalism with regard to the Internet or cyberspace, seeking to raise funds by these means.
Definitions & examples from Wiktionary (CC BY-SA 3.0).
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