*Well, I don't think it's gonna play out like this, because it's kind of hard to have a functional "panopticon" without noticing what you're seeing. If you've got an alleged panopticon that's really just all denialist filter-bubbles, then you've lost contact with objective reality. You're living in a fantasy, not in realpolitik. It's gonna be tough to make your Five-Year Plan because everybody's so crooked, demoralized and afraid.
*However, I don't see any speculation in here that's outright impossible, and, yeah, it's all present-day elements that aren't yet well distributed.
*You have to wonder what the end game is for a society like Stross describes. Okay, you've automagically starved-off 80 percent of the planet's population with drones and barbed wire, and you're all living in your panoptic mogul boxes with the sea washing around the first floor. Now what? What do you say to your teenage kid?
You might pull an Orwell 1984 and just end the book by typing "boot in their face forever," but "forever" is just not a good concept for forecasting any actual lived futurity. "Forever" never plays out well, it's theology. Stalin may have totalized political power and stuffed it in his own pockets, but he gets old, you know; he just dies off with the passage of time, and then what do you tell yourself? How do you look in the mirror?
Science fiction writer dwelling in cruel Brexitania moans about Things To Come
(...)