Big Data processes codify the past. They do not invent the future. Doing that requires moral imagination, and that’s something only humans can provide. We have to explicitly embed better values into our algorithms, creating Big Data models that follow our ethical lead. Sometimes that will mean putting fairness ahead of profit.
Imagine a society that has digital cameras and mass broadband internet access available, but no way to search through the videos. Somewhere in there might be exactly what you need, but if all you did was replace the cost of finding someone in your social circles with the cost of finding a needle in a digital haystack, the economics of transmitting ... See more
A decade ago, equity compensation — paying employees with company stock — was a perk reserved solely for executives. The practice was largely deployed by companies as a way to optimize retention while keeping their balance sheets clean. Since then, equity compensation has expanded quickly. Within the next 10 years, it’s estimated that public compan... See more