monopoly

Book review – The Rare Metals War: The Dark Side of Clean Energy and Digital Technologies

7-minute read

Normally the sight of photovoltaic panels and wind turbines fills me with hope, but I have my doubts after reading this book. Many politicians, business leaders, and environmental organisations argue that we need to invest in renewables to transition away from fossil fuels and the accompanying carbon dioxide emissions. What is rarely mentioned is that these technologies require the mining of rare metals: chemical elements such as rhenium, lithium, antimony, neodymium, tantalum, and many others that most people have barely heard of. In The Rare Metals War, French investigative journalist Guillaume Pitron sounds the alarm, showing both the environmental impact and China’s chokehold on the market.

I read this book in tandem with David S. Abraham’s slightly older The Elements of Power which I had been meaning to read for ages. Thus, this is the second of a two-part review dealing with these little-known elements that have silently come to dominate our lives.

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Book review – The Elements of Power: Gadgets, Guns, and the Struggle for a Sustainable Future in the Rare Metal Age

7-minute read

Tantalum, tellurium, indium, niobium, germanium, dysprosium, rhenium, yttrium, neodymium, titanium, lithium, tungsten, cobalt. These are but some of the many chemical elements that are collectively known as rare metals. You will probably recognize only a few of them, but trace quantities are in products and structures all around you, making things stronger, faster, and lighter. They are used to make smartphones, laptops, and fibre-optic cables; but also cars, airplanes, and military weapon systems; and even photovoltaic panels and wind turbines. We live in the Rare Metal Age, writes natural resources strategist David S. Abraham here.

I have been meaning to read this book for ages. With the recent publication of Guillaume Pitron’s The Rare Metals War, now is the right time. Thus, this is the first of a two-part review dealing with these little-known elements that have silently come to dominate our lives.

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Book review – The European Guilds: An Economic Analysis

8-minute read

This review is a case of one book leading to another. When I read Carl Benedikt Frey’s The Technology Trap, one argument he raised as to why the Industrial Revolution arrived as late as it did, was the resistance to innovation by guilds. But beyond certain vague and probably romantic notions, what do I really know about medieval guilds? And thus I found myself sitting down with The European Guilds, a hefty 645-page book by economic historian Sheilagh Ogilvie, published in The Princeton Economic History of the Western World series. This meticulously argued book crushes the idea that guilds served the common good. Instead, argues Ogilvie, through their profiteering they held Europe in an economic stranglehold that lasted for centuries.

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Book review – Escape from Rome: The Failure of Empire and the Road to Prosperity

7-minute read

I will happily shoehorn a Monty Python reference into any conversation, but in this case historian Walter Scheidel beat me to it. What did the Roman Empire ever do for us? It fell and never returned – and with it, it paved the way for modernity. That, in one sentence, is the bold idea Scheidel puts forth here. And rather than ask why Rome fell, he has far more interesting questions for you. Why did nothing like it arise ever again in Europe? Why did it arise in the first place? And how did this influence the way Europe came to dominate the world much later? Escape from Rome is a brilliantly subversive book that offers a refreshingly novel look at how Europe got to where it is now.

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Book review – Rage Inside The Machine: The Prejudice of Algorithms, and How to Stop the Internet Making Bigots of Us All

7-minute read

There is an amusing and slightly acerbic acronym that has stuck with me from my days working at a computer helpdesk for an international oil firm: PICNIC. Short for “problem in chair, not in computer”, my colleagues used it as code whenever an employee rocked up at our helpdesk with a complaint or problem that was due to human clumsiness rather than malfunctioning hardware. “Did you check that the printer was plugged into the power socket?”

Nevertheless, says Artificial Intelligence (AI) researcher Robert Elliott Smith, our blind faith in computers and the algorithms that run them is misguided. Based on his 30 years experience working with AI, the aptly titled Rage Inside the Machine takes the reader on a historical tour of computing to show how today’s technology is both less amoral and more prejudiced than we give it credit for.

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Book review – The Internet Trap: How the Digital Economy Builds Monopolies and Undermines Democracy

The internet was supposed to be the great leveller. A revolutionary new medium that would allow anyone, anywhere to share his views and opinions with the world. A medium that would lead to robust and civil discourse amongst the citizens of planet Earth, with people holding different viewpoints exchanging ideas and finding inspiration. It would spell the end of big companies, with “competition being only a click away”, and numerous promising startups hiding in garages everywhere, ready to burst onto the scene. With the cost of reproduction and distribution approaching zero, anyone could start a blog, be a journalist, be heard!

Now take another good look around you. Where is the internet that we were promised?

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