TTF 2021 – Future Premium
Future Premium / Предстоящая Выплата
https://www.futurepremium.xyz/
Nico Alexandroff (UK) | Klára Peloušková (CZ) | Alisa Silanteva (RU)
Current technologies of abstraction allow for the past to inform present human actions in order to produce viable futures. However, the understanding of the future as uncertain and volatile doesn’t match the way these technologies are deployed or the way climate related risks are approached. Future Premium explores the ways humanity has conceptualised the future, the technologies that made these ideas possible, and the tools and policies it designed to manage chance and misfortune. Specifically, it focuses on the technologies of insurance and computer modelling and explores their historical, present-day and possible future convergences. The project enquires whether when coupled with climate modelling, insurance can become a medium of climate mitigation and governance. The idea is based on the consideration that the future is deeply uncertain and therefore needs to be continuously produced and reproduced. Thus, insurance is approached as a tool of design rather than prevention. Future Premium identifies three aspects of the current insurance system that need to be taken into account when pondering the transition to insurance of the future: capital protection, uninsurability and collectivisation of risk. The proposition reveals the system's implications for the realms of finance, spatial zoning or governance.
Credits:
The project was developed during The Terraforming 2021 at the Strelka Institute for Media, Architecture and Design in Moscow, Russia
https://theterraforming.strelka.com/
Project team: Nico Alexandroff, Klára Peloušková, Alisa Silanteva
Program Directors: Benjamin H. Bratton, Nicolay Boyadjiev
Additional Credits:
Thanks to:
Daniel Barber
Angelina Davydova
Helen Hester
Ed Keller
Lukáš Likavčan
Suhail Malik
Metahaven
Robert Muir-Wood
Jussi Parikka
Robert Pietrusko
Liam Young
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