Activity

[...] Companies were gathering millions of records from pharmacies. They then sold them on to insurers eager to gain a competitive advantage by avoiding people likely to incur high medical fees. Since 1 percent of patients account for over one-fifth of health care costs, and 5 percent account for n…

So why does this all matter? It matters because authority is increasingly expressed algorithmically. Decisions that used to be based on human reflection are now made automatically. [...]

[...] In their race for the most profitable methods of mapping social reality, the data scientists of Silicon…

More benignly, perhaps, these companies influence the choices we make ourselves. Recommendation engines at Amazon and YouTube affect an automated familiarity, gently suggesting offerings they think we’ll like. But don’t discount the significance of that “perhaps.” The economic, political, and cultu…

The challenge of the “knowledge problem” is just one example of a general truth: What we do and don’t know about the social (as opposed to the natural) world is not inherent in its nature, but is itself a function of social constructs. Much of what we can find out about companies, governments, or e…

The blockchain is what we call a "trustless" architecture. It stands in for trust in the absence of more traditional mechanisms like social networks and co-location. It allows cooperation without trust [...] proof-of-work is not a new form of trust, but the abdication of trust altogether as socia…