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Empathy And Vulnerability In The Digital Age

January 28, 2017 Richard Raber, www.opendemocracy.net , ,
By Richard Raber for Transformation - While the technological advances of the 21st century have brought us unparalleled ways to connect with each-other through social media, they may also be producing a greater sense of isolation. We are drawn towards feelings of loneliness as we navigate an increasingly digitized world, even though the vulnerability of human life is on full display: from cell phone recordings of the murders of Americans of colour to videos from those who are documenting their precarious existence in the rubble of Aleppo; from the Facebook livestream of the torture of a Chicago teen with special needs earlier this month to the video-recording of the infamous ‘Coffin Assault,’

When Algorithms Decide What You Pay

October 14, 2016 Julia Angwin, Terry Parris Jr. and Surya Mattu, www.propublica.org , ,
By Julia Angwin, Terry Parris Jr. and Surya Mattu for ProPublica - YOU MAY NOT REALIZE IT, but every website you visit is created, literally, the moment you arrive. Each element of the page — the pictures, the ads, the text, the comments — live on computers in different places and are sent to your device when you request them. That means that it’s easy for companies to create different web pages for different people. Sometimes that customization is helpful, such as when you see search results for restaurants near you.

Central Bank Digital Currencies: A Revolution In Banking?

September 20, 2016 Ellen Brown, www.counterpunch.org , , ,
By Ellen Brown for Counter Punch - Several central banks, including the Bank of England, the People’s Bank of China, the Bank of Canada and the Federal Reserve, are exploring the concept of issuing their own digital currencies, using the blockchain technology developed for Bitcoin. Skeptical commentators suspect that their primary goal is to eliminate cash, setting us up for negative interest rates (we pay the bank to hold our deposits rather than the reverse). But Ben Broadbent, Deputy Governor of the Bank of England, puts a more positive spin on it.
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