Manuel Castells

A leading expert on the role of the Internet within the study of the sociology of globalisation concluded that we have used the contemporary information technology to "lose control"

“The outcome of this process of financial globalisation may be that we have created an Automaton, at the core of our economies, decisively conditioning our lives. Humankind’s nightmare of seeing our machines taking control of our world seems on the edge of becoming reality – not in the form of robots that eliminate jobs or government computers that police our lives, but as an electronically based system of financial transactions.”

See Castells: The Rise of a Networked Society

 

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