In place of “policy” or a “social contract,” it is capitalism, and increasingly surveillance capitalism, that shapes the action. New behavioral futures markets and “targeted applications” are eagerly awaited. As Microsoft’s director of the machine intelligence platform for integrating and analyzing data from the “internet of things” says, “The part that’s equally cool and creepy is what happens after everybody and their competitor gets on board with smart devices: a big secondary market for data… a secondary revenue source.” These markets, he explains, are “just like Google or Facebook’s” markets for targeted advertising." An IBM report concurs: “Thanks to the internet of things, physical assets are turning into participants in real-time global digital markets. The countless types of assets around us will become as easily indexed, searched and traded as any online commodity.… We call this the ‘liquification of the physical world.’”

Shoshana Zuboff, The Age of Surveillance Cap…, loc. 653