Showing posts with label Information Age. Show all posts
Showing posts with label Information Age. Show all posts

Saturday, February 29, 2020

Dee Hock — IS A SECOND HAND LIFE WORTH LIVING?


Not important, but Dee Hock is a good thinker and worth reading.

Dee W. Hock
IS A SECOND HAND LIFE WORTH LIVING?
Dee Hock | Founder and former CEO of Visa and author of Birth of the Chaordic Age (1999) with an edition named One from Many: VISA and the Rise of Chaordic Organization (2005) which includes two new chapters

Saturday, June 1, 2019

Andrea Germanos — Edward Snowden: With Technology, Institutions Have Made 'Most Effective Means of Social Control in the History of Our Species'

NSA whistleblower Edward Snowden said Thursday that people in systems of power have exploited the human desire to connect in order to create systems of mass surveillance.
Snowden appeared at Dalhousie University in Halifax, Nova Scotia via livestream from Moscow to give a keynote address for the Canadian university's Open Dialogue Series.
Right now, he said, humanity is in a sort of "atomic moment" in the field of computer science.
"We're in the midst of the greatest redistribution of power since the Industrial Revolution, and this is happening because technology has provided a new capability," Snowden said.
"It's related to influence that reaches everyone in every place," he said. "It has no regard for borders. Its reach is unlimited, if you will, but its safeguards are not."...
Common Dreams
Edward Snowden: With Technology, Institutions Have Made 'Most Effective Means of Social Control in the History of Our Species'
Andrea Germanos

See also
Frustrated by a legal ban on sharing intelligence with Israeli operatives conducting targeted assassinations against Hezbollah, the NSA crafted a loophole giving them total access even to US citizens' data, leaked documents show.

The Israeli SIGINT National Unit (ISNU), the NSA's counterpart in Tel Aviv, convinced the Americans to circumvent the legal prohibition on providing surveillance data for targeted assassinations during Israel's 2006 war with Lebanon, according to the newest revelation from the archives obtained by whistleblower Edward Snowden.…
RT — Question More
‘Most valued partner’: NSA fed Israel intel for targeted assassinations, leaked docs show

Saturday, November 3, 2018

Vinay Gupta — Why Global Trade Will Inevitably Move to the Blockchain

...the basic story is first we did information, next we’re going to do matter.
Interesting article. Not about digital currency.

Medium
Why Global Trade Will Inevitably Move to the Blockchain
Vinay Gupta | CEO of @mattereum

Friday, June 17, 2016

Diane Coyle — The platform era


Should be aware of. Platforms and platform-based markets are the foundation of the digital economy. Platform creation is the new entrepreneurship and it's already created a number of young billionaires.

The Enlightened Economist
The platform era
Diane Coyle | freelance economist and a former advisor to the UK Treasury. She is a member of the UK Competition Commission and is acting Chairman of the BBC Trust, the governing body of the British Broadcasting Corporation

Saturday, April 30, 2016

Nikhil Sonnad — The Stanford Encyclopedia of Philosophy: This Free Online Encyclopedia Has Achieved What Wikipedia Can Only Dream Of

A fundamental problem faced by the general public and the members of an academic discipline in the information age is how to find the most authoritative, comprehensive, and up-to-date information about an important topic.

That paper is so old that it mentions “CD-ROMs” in the second sentence. But for all the years that have passed, the basic problem remains unsolved.

The three requirements the authors list—”authoritative, comprehensive, and up-to-date”—are to information what the “impossible trinity” is to economics. You can only ever have one or two at once. It is like having your cake, eating it, and then bringing it to another party. 
Yet if the goal is to share with people what is true, it is extremely important for a resource to have all of these things. It must be trusted. It must not leave anything out. And it must reflect the latest state of knowledge. Unfortunately, all of the other current ways of designing an encyclopedia very badly fail to meet at least one of these requirements….
Quartz
The Stanford Encyclopedia of Philosophy: This Free Online Encyclopedia Has Achieved What Wikipedia Can Only Dream Of
Nikhil Sonnad
ht Miles Kimball at Confessions of a Supply Side Liberal

Sunday, June 14, 2015

What Is Value? What Is Money? — A Conversation with Cesar Hidalgo


Weekend reading. Up and comer at MIT's Media Lab. What the new generation is like.

Edge
A Conversation with Cesar Hidalgo [8.28.12]
CESAR HIDALGO is an assistant professor at the MIT Media Lab, and faculty associate at Harvard University’s Center for International Development. His work focuses on improving the understanding of systems by using and developing concepts of complexity, evolution, and network science. He is also the founder and driving force behind Cambridge Nights, a series of online video interviews with academics who discuss the way in which they view the world.

Monday, September 16, 2013

Dirk Helbing — A new kind of economy is born: social decision-makers beat the “homo economicus”

The Internet and Social Media change our way of decision-making. We are no longer the independent decision makers we used to be. Instead, we have become networked minds, social decision-makers, more than ever before. This has several fundamental implications. First of all, our economic theories must change, and second, our economic institutions must be adapted to support the social decision-maker, the “homo socialis”, rather than be tailored to the perfect egoist, known as “homo economicus”.

The financial, economic and public debt crisis has seriously damaged our trust in mainstream economic theory. Can it really offer an adequate description of economic reality? Laboratory experiments keep questioning one of the main pillars of economic theory, the “homo economicus”. They show that the perfectly self-regarding decision-maker is not the rule, but rather the exception [1,2]. And they show that markets, as they are organized today, are undermining ethical behavior [3].

Latest scientific results have shown that a “homo socialis” with other-regarding preferences will eventually result from the merciless forces of evolution, even if people optimize their utility, if offspring tend to stay close to their parents [4].[1] Another, independent study was recently summarized by the statement “evolution will punish you, if you’re selfish and mean” [5]. Is this really true? And what implications would this have for our economic theory and institutions?

In fact, the success of the human species as compared to others results mainly from its social nature. There is much evidence that evolution has created different incentive systems, not just one: besides the desire to possess (in order to survive in times of crises), this includes sexual satisfaction (to ensure reproduction), curiosity and creativity (to explore opportunities and risks), emotional satisfaction (based on empathy), and social recognition (reputation, power). Already Adam Smith noted: “How ever selfish man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their happiness necessary to him, though he derives nothing from it.”[2]

Dirk Helbing, professor of sociology at ETH Zurich and complexity scientist concludes: “The social nature of man has dramatic implications, both for economic theory and for the way we need to organize our economy.” As we are more and more connected with others, the “homo economicus”, i.e. the independent decision-maker and perfect egoist, is no longer an adequate representation or good approximation of human decision-makers. “Reality has changed. We are applying an outdated theory, and that’s what makes economic crises more severe,” says Helbing.
Real-World Economics Review Blog
A new kind of economy is born: social decision-makers beat the “homo economicus”
Dirk Helbing | Chair of Sociology (Modeling and Simulation), Swiss Federal Institute of Technology, Zürich