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]
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 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)
Vanishing Canada: Why we’re all losers in Ottawa’s war on data. [Maclean's Magazine]
Stories about government data and historical records being deleted, burned—even tossed into Dumpsters—have become so common in recent years that many Canadians may feel inured to them. But such accounts are only the tip of a rapidly melting iceberg. A months-long Maclean’s investigation, which includes interviews with dozens of academics, scientists, statisticians, economists and librarians, has found that the federal government’s “austerity” program, which resulted in staff cuts and library closures (16 libraries since 2012)—as well as arbitrary changes to policy, when it comes to data—has led to a systematic erosion of government records far deeper than most realize, with the data and data-gathering capability we do have severely compromised as a result.
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]
Open States, the latest project of the nonprofit Sunlight Foundation, is an easy to navigate comprehensive database of activities from all state capitols that makes it easy to find your state lawmaker, review their votes, search for legislation, track bills and much more.
All I want is to be left alone in my average home... But why do I always feel I'm in the twilight zone?
In August 2011, 35 ACLU affiliates filed 381 requests in 32 states with local law enforcement agencies seeking to uncover when, why and how they are using cell phone location data to track Americans. So how long do American cell phone carriers retain information about your calls, text messages, and data use? According to data gathered by the US Department of Justice, it can be as little as a few days or up to seven years, depending on your provider. (Via / More)
It's been estimated that the average UK adult is now registered on more than 700 databases and is caught many times each day by nearly five million CCTV cameras. So how hard would it be for an average citizen to disappear completely? That’s the subject of a new documentary film: Erasing David, (Trailer: YouTube, Vimeo) which premieres this evening in the UK on More4. It's also now available worldwide online at the iTunes store and through several Video On Demand services, as well as through Good Screenings. [more inside]
This morning, Google launched a new feature called "Google Dashboard" that lets users view (and in some cases control,) what data is being stored on a range of more than 20 Google services, including Gmail, Calendar, Docs, Web History, Orkut, YouTube, Picasa, Talk, Reader, Alerts and Latitude. [more inside]