The trajectory of books about new technologies follows a similar pattern: first, hype; then, backlash; then, finally, a more considered view of what it might actually be good for.
Yup. Checks out.
Original source: The new tech effecting culture outline
Given all the Facebook stuff, I think less balancing towards the side of the robots would probably probably be good:
‘A recent study advocating a U.S. strategy for developing machine intelligence also noted the potential barriers to development that include GDPR and other data privacy efforts. The study released by the Center for Strategic and International Studies warned that the shift to “data localization” will require “balancing legitimate concerns around privacy and consumer protection both in the United States and abroad with the need for an open, flexible data ecosystem that supports innovation and experimentation in AI.”’
Original source: GDPR Seen Slowing AI Innovation
‘But today, the major players in what’s called the “tech industry” are enormous conglomerates that regularly encompass everything from semiconductor factories to high-end retail stores to Hollywood-style production studios. The upstarts of the business can work on anything from cleaning your laundry to creating drones. There’s no way to put all these different kinds of products and services into any one coherent bucket now that they encompass the entire world of business.’
Original source: There is no “technology industry”
“Technology isn’t an industry, it’s a method of transforming the culture and economics of existing systems and institutions. That can be a little bit hard to understand if we only judge tech as a set of consumer products that we purchase.”
Original source: Understanding technology today
“Facebook and Google execs privately complain about the barrage of critical coverage they face, charging that media companies have a financial incentive to attack them and that media execs are settling scores. They’re right.”
Original source: Media vs. Facebook: This time it’s personal
‘But despite simple perception of them all as “tech” companies, their core revenue sources are clearly different. And those distinctions suggest ways people can understand and respond to anxieties about their growing economic and cultural influence.’
Original source: ‘Big Tech’ isn’t one big monopoly – it’s 5 companies all in different businesses
“This Cambridge Analytica scandal proves that Facebook ought to be heavily regulated, and that’s not good for Facebook’s bottom line.”
Original source: Facebook Stock Plunges
“Tech companies, innovators, must take responsibilities for how their platforms are used, Khan said. He also called on politicians and policymakers to look out for the public and pass regulation when necessary.”
Original source: Mayor of London Calls for Regulation of the Tech Industry
“What’s more, the fact that power is concentrated among so few companies has made it possible to weaponise the web at scale. In recent years, we’ve seen conspiracy theories trend on social media platforms, fake Twitter and Facebook accounts stoke social tensions, external actors interfere in elections, and criminals steal troves of personal data. We’ve looked to the platforms themselves for answers. Companies are aware of the problems and are making efforts to fix them — with each change they make affecting millions of people. The responsibility — and sometimes burden — of making these decisions falls on companies that have been built to maximise profit more than to maximise social good. A legal or regulatory framework that accounts for social objectives may help ease those tensions.”
Original source: Web inventor wants regulation of web
‘eBay and the internet have increased supply more than demand. It is much easier to sell an estate, or the contents of your attic, than before. But the upward potential for demand in the market isn’t nearly as significant. Some people say “well, I would in fact buy and collect antiques if I could get the right 18th century pieces at 40% their current values,” but many more people just aren’t interested at all.’
The Internet destroying yet another market by connecting people across geographies. Perhaps it was false value in the first place.
Original source: Why are antiques now so cheap?