13 posts tagged with business and development.
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The chickenization of everything
How to Destroy Surveillance Capitalism (thread) - "Surveillance Capitalism is a real, serious, urgent problem... because it is both emblematic of monopolies (which lead to corruption, AKA conspiracies) and because the vast, nonconsensual dossiers it compiles on us can be used to compromise and neutralize opposition to the status quo."[1,2,3] [more inside]
A blind and opaque reputelligent nosedive
Data isn't just being collected from your phone. It's being used to score you. - "Operating in the shadows of the online marketplace, specialized tech companies you've likely never heard of are tapping vast troves of our personal data to generate secret 'surveillance scores' — digital mug shots of millions of Americans — that supposedly predict our future behavior. The firms sell their scoring services to major businesses across the U.S. economy. People with low scores can suffer harsh consequences."[1] [more inside]
Algorithms define our lives
“Can Star Citizen be made?”
Inside the Troubled Development of Star Citizen by Julian Benson [Kotaku] “Star Citizen’s development has been high-profile enough, expensive enough and, yes, troubled enough to spawn a whole ecosystem of theories as to what’s going on at Cloud Imperium Games, from theorising about the project’s technical challenges to wild accusations about what’s happening to the money. Various community scandals have added yet more fuel to the fire, turning Star Citizen into a lightning rod for controversy. The questions I wanted answers to were: what exactly has been happening over the past five six years? What are the reasons behind Star Citizen’s various delays, and what specific development problems has it encountered? Have things been mismanaged? And, as many Star Citizen backers are now beginning to wonder, can it ever actually be finished?” [more inside]
Cormac McCarthy's Increasing Returns
How To Write Better Harvard Business Review Articles: Have Cormac McCarthy Do Your Editing - "I really enjoyed this anecdote about the writing of W. Brian Arthur's classic article on increasing returns from 1996." (via) [more inside]
Through a Glass, Dark Enlightenment
The World's Largest Hedge Fund Is Building an Algorithmic Model of Its Founder's Brain - "Mr. Dalio has the highest stratum score at Bridgewater, and the firm has told employees he has one of the highest in the world. Likewise, Bridgewater's software judges Mr. Dalio the firm's most 'believable' employee in matters such as investing and leadership, which means his opinions carry more weight. Mr. Dalio is always in search of new data with which to measure his staff. He once raised the idea of using head bands to track people's brain waves, according to one former employee. The idea wasn't adopted." [more inside]
Auditing Algorithms and Algorithmic Auditing
How big data increases inequality and threatens democracy - "A former academic mathematician and ex-hedge fund quant exposes flaws in how information is used to assess everything from creditworthiness to policing tactics, with results that cause damage both financially and to the fabric of society. Programmed biases and a lack of feedback are among the concerns behind the clever and apt title of Cathy O'Neil's book: Weapons of Math Destruction." [more inside]
WORLD OF TOMORROW
World After Capital by Albert Wenger [Work in Progress; GitHub; GitBook; PDF; FAQ] - "Technological progress has shifted scarcity for humanity. When we were foragers, food was scarce. During the agrarian age, it was land. Following the industrial revolution, capital became scarce. With digital technologies scarcity is shifting from capital to attention. World After Capital suggests ways to expand economic, informational and psychological freedom to go from an industrial to a knowledge society." (previously)
Desire Modification in the Attention Economy
The Future of (Post)Capitalism - "Paul Mason shows how, from the ashes of the recent financial crisis, we have the chance to create a more socially just and sustainable global economy." (previously; via) [more inside]
China announces it is scoring its citizens using big data
China rates its own citizens - including online behaviour: "The Chinese government is currently implementing a nationwide electronic system, called the Social Credit System, attributing to each of its 1,3 billion citizens a score for his or her behavior. The system will be based on various criteria, ranging from financial credibility and criminal record to social media behavior. From 2020 onwards each adult citizen should, besides his identity card, have such a credit code." [more inside]
Betting on the future
The African King With A Multi-Billion Dollar Empire RBH functions as a communitybased investment company whose primary investment aim is to generate the income required for the funding of sustainable projects. Income generated from RBH’s commercial interests is invested in infrastructural development, as well as in the members of the Nation itself. Over the past decade, more than R4 billion ($475 million) has been spent on roads, utilities, schools, clinics and other public amenities. This has benefited not only the Bafokeng, but other people living in the North West Province of South Africa, the area which the RBN calls home.
Grouponomics
funemployment
How a New Jobless Era Will Transform America
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
The Great Recession may be over, but this era of high joblessness is probably just beginning. Before it ends, it will likely change the life course and character of a generation of young adults. It will leave an indelible imprint on many blue-collar men. It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come. (via rw)
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