Showing 1 - 5 of 5
Give people a chance to sell their data to FB
News, Leonid Bershidsky, Published on 01/02/2019
» It's easy to be outraged by the revelation that Facebook has been paying users between the ages of 13 and 35 up to US$20 (624 baht) a month to allow practically unlimited access to their smartphone usage data. But outrage about the social media giant is so 2017. The latest dubious practice could be an opportunity to consider a more finely tuned business model.
Innovation no fix for urban transport ills
News, Leonid Bershidsky, Published on 03/07/2018
» Urban transportation is undergoing a revolution. Offerings such as Uber and Lyft, as well as car- and bike-sharing services are widely believed to reduce congestion and generally make urban dwellers more mobile; driverless cars are expected to provide further benefits. Yet the notion that these innovations always make things better is far from a given: The new services are a net good only if they complement traditional public transportation systems rather than compete with them.
The Cambridge Analytica red herring
News, Leonid Bershidsky, Published on 21/03/2018
» Facebook is being hammered for allowing the data firm Cambridge Analytica to acquire 50 million user profiles in the US, which it may or may not have used to help the Trump campaign. But the outrage misses the target: There's nothing Cambridge Analytica could have done that Facebook itself doesn't offer political clients.
Crypto markets aren't all the same
News, Leonid Bershidsky, Published on 23/01/2018
» There's a compelling reason to consider what's going on with cryptocurrencies a purely speculative boom-and-bust roller-coaster: Over a three-month period, the prices of all the top coins and tokens are rather strongly correlated, going up and down in unison. What does that make them if not the 21st-century incarnation of tulip bulbs?
Authoritarian cryptocurrencies are on the march
News, Leonid Bershidsky, Published on 18/10/2017
» With Russia and China both embracing the idea of sovereign cryptocurrencies, it's time to ask a simple question: Why is a technology threatening to decentralise money so attractive to highly centralised, authoritarian regimes?