Andrew Orlowski posts some of his comments at a recent (British) Conservative Conference Fringe discussion on digital policy:
You all know what an entrepreneur is. But who has heard of the word nontrepreneur?
There were amused and bemused looks.
Well you’re going to be hearing it a lot.
We’re in an exciting time for the internet. This great wave of utopian rhetoric and getting everyone online, for the last 15 years, has come to an end. Almost everyone who wants to be online is online. Something quite new and interesting has happened in the past three years, people are beginning to pay for stuff.
The internet today lacks markets and it’s half-finished. The platforms and infrastructure that recognise and create value aren’t there.
Now words come to define political eras and philosophies, and the last ten years were defined by words like ‘beaconicity’ and ‘targets’ and all these agencies spending other people’s money. I have a horrible feeling that Cameron’s technology policy, despite being guided by people with strong classical liberal instincts, will be defined by the fluff of Silicon Roundabout.
Silicon Roundabout is, essentially, a prank on the media. Let’s see who’s involved. You’ve got what I call faux capitalists — people who want to be thought of as capitalists but are terrified of risk and don’t back ambitious high-risk ventures. You’ve got entrepreneurs who can’t run a business. And you’ve got programmers who can’t program. All looking for each other. Then there’s a vast army of hangers-on: mentors, facilitators. And they all socialise endlessly, instead of doing any work. The socialising is work.
This does not create wealth.
As soon as we start to “un-fetishise” this myth of two guys in a garage, and start to think more seriously about, say, payment platforms or credit systems that make buying stuff nice and easy, as easy as real life, then we’ll create markets. You won’t get this from Shoreditch.
