21 NOV 2017 by ideonexus

 The Attention Arms Race

Facebook, Twitter, Instagram, Google have produced amazing products that have benefited the world enormously. But these companies are also caught in a zero-sum race for our finite attention, which they need to make money. Constantly forced to outperform their competitors, they must use increasingly persuasive techniques to keep us glued. They point AI-driven news feeds, content, and notifications at our minds, continually learning how to hook us more deeply—from our own behavior. Unfortuna...
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25 OCT 2017 by ideonexus

 Knowledge Replaced with Social Media

When it emerged towards the end of the 80s as a purely text-based medium, [the internet] was seen as a tool to pursue knowledge, not pleasure. Reason and thought were most valued in this garden—all derived from the project of Enlightenment. Universities around the world were among the first to connect to this new medium, which hosted discussion groups, informative personal or group blogs, electronic magazines, and academic mailing lists and forums. It was an intellectual project, not about ...
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17 MAY 2013 by ideonexus

 Kodak, Instagram, and Automation

Here’s a current example of the challenge we face... At the height of its power, the photography company Kodak employed more than 140,000 people and was worth $28 billion. They even invented the first digital camera. But today Kodak is bankrupt, and the new face of digital photography has become Instagram. When Instagram was sold to Facebook for a billion dollars in 2012, it employed only 13 people. Where did all those jobs disappear? And what happened to the wealth that all those middle-cl...
Folksonomies: automation unemployment
Folksonomies: automation unemployment
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A cautionary tale of how automation is running people out of employment.