Brain-Computer Interfaces and the Dangers of Neurocapitalism

TL;DR

This paper discusses the potential societal impacts of brain-computer interfaces and neural data commerce, emphasizing the need for proactive measures to prevent abuses and safeguard autonomy and identity.

Contribution

It introduces the concept of Neurocapitalism and analyzes how brain-computer interfaces could fundamentally alter human interaction, autonomy, and identity, highlighting the importance of preemptive action.

Findings

Neural data commerce could reshape social and economic structures.

Brain-computer interfaces may significantly impact personal autonomy and identity.

Proactive regulation is essential to prevent potential abuses.

Abstract

We review how existing trends are relevant to the discussion of brain-computer interfaces and the data they would generate. Then, we posit how the commerce of neural data, dubbed Neurocapitalism, could be impacted by the maturation of brain-computer interface technology. We explore how this could pose fundamental changes to our way of interacting, as well as our sense of autonomy and identity. Because of the power inherent in the technology, and its potentially ruinous abuses, action must be taken before the appearance of the technology, and not come as a reaction to it. The widespread adoption of brain-computer interface technology will certainly change our way of life. Whether it is changed for the better or worse, depends on how well we prepare for its arrival.