Surveillance Capitalism - Shoshana Zuboff Wenhao & Sofia & Anvitha
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Eliciting Informative Feedback: the Peer$Prediction Method
Eliciting Informative Feedback: The Peer-Prediction Method Nolan Miller, Paul Resnick, and Richard Zeckhauser January 26, 2005y Abstract Many recommendation and decision processes depend on eliciting evaluations of opportu- nities, products, and vendors. A scoring system is devised that induces honest reporting of feedback. Each rater merely reports a signal, and the system applies proper scoring rules to the implied posterior beliefs about another rater’s report. Honest reporting proves to be a Nash Equilibrium. The scoring schemes can be scaled to induce appropriate e¤ort by raters and can be extended to handle sequential interaction and continuous signals. We also address a number of practical implementation issues that arise in settings such as academic reviewing and on-line recommender and reputation systems. 1 Introduction Decision makers frequently draw on the experiences of multiple other individuals when making decisions. The process of eliciting others’information is sometimes informal, as when an executive consults underlings about a new business opportunity. In other contexts, the process is institution- alized, as when journal editors secure independent reviews of papers, or an admissions committee has multiple faculty readers for each …le. The internet has greatly enhanced the role of institu- tionalized feedback methods, since it can gather and disseminate information from vast numbers of individuals at minimal cost. To name just a few examples, eBay invites buyers and sellers to rate Miller and Zeckhauser, Kennedy School of Government, Harvard University; Resnick, School of Information, University of Michigan. yWe thank Alberto Abadie, Chris Avery, Miriam Avins, Chris Dellarocas, Je¤ Ely, John Pratt, Bill Sandholm, Lones Smith, Ennio Stachetti, Steve Tadelis, Hal Varian, two referees and two editors for helpful comments. -
Annual Report 2018
2018Annual Report Annual Report July 1, 2017–June 30, 2018 Council on Foreign Relations 58 East 68th Street, New York, NY 10065 tel 212.434.9400 1777 F Street, NW, Washington, DC 20006 tel 202.509.8400 www.cfr.org [email protected] OFFICERS DIRECTORS David M. Rubenstein Term Expiring 2019 Term Expiring 2022 Chairman David G. Bradley Sylvia Mathews Burwell Blair Effron Blair Effron Ash Carter Vice Chairman Susan Hockfield James P. Gorman Jami Miscik Donna J. Hrinak Laurene Powell Jobs Vice Chairman James G. Stavridis David M. Rubenstein Richard N. Haass Vin Weber Margaret G. Warner President Daniel H. Yergin Fareed Zakaria Keith Olson Term Expiring 2020 Term Expiring 2023 Executive Vice President, John P. Abizaid Kenneth I. Chenault Chief Financial Officer, and Treasurer Mary McInnis Boies Laurence D. Fink James M. Lindsay Timothy F. Geithner Stephen C. Freidheim Senior Vice President, Director of Studies, Stephen J. Hadley Margaret (Peggy) Hamburg and Maurice R. Greenberg Chair James Manyika Charles Phillips Jami Miscik Cecilia Elena Rouse Nancy D. Bodurtha Richard L. Plepler Frances Fragos Townsend Vice President, Meetings and Membership Term Expiring 2021 Irina A. Faskianos Vice President, National Program Tony Coles Richard N. Haass, ex officio and Outreach David M. Cote Steven A. Denning Suzanne E. Helm William H. McRaven Vice President, Philanthropy and Janet A. Napolitano Corporate Relations Eduardo J. Padrón Jan Mowder Hughes John Paulson Vice President, Human Resources and Administration Caroline Netchvolodoff OFFICERS AND DIRECTORS, Vice President, Education EMERITUS & HONORARY Shannon K. O’Neil Madeleine K. Albright Maurice R. Greenberg Vice President and Deputy Director of Studies Director Emerita Honorary Vice Chairman Lisa Shields Martin S. -
The Information Revolution Reaches Pharmaceuticals: Balancing Innovation Incentives, Cost, and Access in the Post-Genomics Era
RAI.DOC 4/13/2001 3:27 PM THE INFORMATION REVOLUTION REACHES PHARMACEUTICALS: BALANCING INNOVATION INCENTIVES, COST, AND ACCESS IN THE POST-GENOMICS ERA Arti K. Rai* Recent development in genomics—the science that lies at the in- tersection of information technology and biotechnology—have ush- ered in a new era of pharmaceutical innovation. Professor Rai ad- vances a theory of pharmaceutical development and allocation that takes account of these recent developments from the perspective of both patent law and health law—that is, from both the production side and the consumption side. She argues that genomics has the po- tential to make reforms that increase access to prescription drugs not only more necessary as a matter of equity but also more feasible as a matter of innovation policy. On the production end, so long as patent rights in upstream genomics research do not create transaction cost bottlenecks, genomics should, in the not-too-distant future, yield some reduction in drug research and development costs. If these cost re- ductions are realized, it may be possible to scale back certain features of the pharmaceutical patent regime that cause patent protection for pharmaceuticals to be significantly stronger than patent protection for other innovation. On the consumption side, genomics should make drug therapy even more important in treating illness. This reality, coupled with empirical data revealing that cost and access problems are particularly severe for those individuals who are not able to secure favorable price discrimination through insurance, militates in favor of government subsidies for such insurance. As contrasted with patent buyouts, the approach favored by many patent scholars, subsidies * Associate Professor of Law, University of San Diego Law School; Visiting Associate Profes- sor, Washington University, St. -
Surveillance Capitalism and Privacy. Knowledge and Attitudes on Surveillance Capitalism and Online Institutional Privacy Protect
CORE brought to you by Pobrane z czasopisma Mediatizations Studies http://mediatization.umcs.pl Data: 20/11/2019 22:16:21 MEDIATIZATION STUDIES 2/2018 DOI: 10.17951/ms.2018.2.49-68 GRZEGORZ PTASZEK View metadata, citation and similar papers at core.ac.uk AGH UNIVERSITY OF SCIENCE AND TECHNOLOGY [email protected] Surveillance capitalism and privacy. Knowledge and attitudes on surveillance capitalism and online institutional privacy protection practices among adolescents in Poland Abstract. The purpose of the study was to determine the level of knowledge and attitudes towards surveillance capitalism and online institutional privacy protection practices among adolescents in Poland (aged 18–19), as well as to determine the relationships between these variables. Surveillance capitalism has emerged as a result of internet users’ activities and involves the collection of all data about these users by different entities for speciic beneits without letting them know about it. The dominantrole in surveillance capitalism is played by hi-tech corporations. The aim of the study was to verify whether knowledge, and what kind of knowledge, on surveillance capitalism translates into practices related to the protection of online institutional privacy. The study was conducted on a sample of 177 adolescents in Poland. The main part of theUMCS questionnaire consisted of two scales: the scale of knowledge and attitudes on surveillance capitalism, and the scale of online institutional privacy protection practices. The results of the study, calculated by statistical methods, showed that although the majority of respondents had average knowledge and attitudes about surveillance capitalism, which may result from insuficient knowledge of the subject matter, this participation in specialized activities/workshops inluences the level of intensiication of online institutional privacy protection practices. -
Ei-Report-2013.Pdf
Economic Impact United States 2013 Stavroulla Kokkinis, Athina Kohilas, Stella Koukides, Andrea Ploutis, Co-owners The Lucky Knot Alexandria,1 Virginia The web is working for American businesses. And Google is helping. Google’s mission is to organize the world’s information and make it universally accessible and useful. Making it easy for businesses to find potential customers and for those customers to find what they’re looking for is an important part of that mission. Our tools help to connect business owners and customers, whether they’re around the corner or across the world from each other. Through our search and advertising programs, businesses find customers, publishers earn money from their online content and non-profits get donations and volunteers. These tools are how we make money, and they’re how millions of businesses do, too. This report details Google’s economic impact in the U.S., including state-by-state numbers of advertisers, publishers, and non-profits who use Google every day. It also includes stories of the real business owners behind those numbers. They are examples of businesses across the country that are using the web, and Google, to succeed online. Google was a small business when our mission was created. We are proud to share the tools that led to our success with other businesses that want to grow and thrive in this digital age. Sincerely, Jim Lecinski Vice President, Customer Solutions 2 Economic Impact | United States 2013 Nationwide Report Randy Gayner, Founder & Owner Glacier Guides West Glacier, Montana The web is working for American The Internet is where business is done businesses. -
The Next Frontier for Innovation, Competition, and Productivity
McKinsey Global Institute June 2011 Big data: The next frontier for innovation, competition, and productivity The McKinsey Global Institute The McKinsey Global Institute (MGI), established in 1990, is McKinsey & Company’s business and economics research arm. MGI’s mission is to help leaders in the commercial, public, and social sectors develop a deeper understanding of the evolution of the global economy and to provide a fact base that contributes to decision making on critical management and policy issues. MGI research combines two disciplines: economics and management. Economists often have limited access to the practical problems facing senior managers, while senior managers often lack the time and incentive to look beyond their own industry to the larger issues of the global economy. By integrating these perspectives, MGI is able to gain insights into the microeconomic underpinnings of the long-term macroeconomic trends affecting business strategy and policy making. For nearly two decades, MGI has utilized this “micro-to-macro” approach in research covering more than 20 countries and 30 industry sectors. MGI’s current research agenda focuses on three broad areas: productivity, competitiveness, and growth; the evolution of global financial markets; and the economic impact of technology. Recent research has examined a program of reform to bolster growth and renewal in Europe and the United States through accelerated productivity growth; Africa’s economic potential; debt and deleveraging and the end of cheap capital; the impact of multinational companies on the US economy; technology-enabled business trends; urbanization in India and China; and the competitiveness of sectors and industrial policy. MGI is led by three McKinsey & Company directors: Richard Dobbs, James Manyika, and Charles Roxburgh. -
Shoshana Zuboff, New York, NY, Publicaffairs, 2019, 704 Pp., £29.56 (Hardback), ISBN-13: 9781610395694
BOOK REVIEW: THE AGE OF SURVEILLANCE CAPITALISM: THE FIGHT FOR A HUMAN FUTURE AT THE NEW FRONTIER OF POWER Shoshana Zuboff, New York, NY, PublicAffairs, 2019, 704 pp., £29.56 (hardback), ISBN-13: 9781610395694 Ryan Shandler* The University of Haifa, Israel Journal of Cyber Policy Pre-Print (Author’s Original Manuscript) Cite as: Ryan Shandler (2019) The age of surveillance capitalism: the fight for a human future at the new frontier of power, Journal of Cyber Policy, 4:2, 303- 304, DOI: 10.1080/23738871.2019.1637914 * [email protected] BOOK REVIEW: THE AGE OF SURVEILLANCE CAPITALISM: THE FIGHT FOR A HUMAN FUTURE AT THE NEW FRONTIER OF POWER For thirty years, Shoshana Zuboff has written prolifically about the risks in the transition to an information civilization. In her new book - The Age of Surveillance Capitalism – Zuboff perceptibly refrains from a purely academic analysis of the conceptual framework of information civilization that would legitimize its illicit expropriation of human experience. Instead, she issues a rousing call to arms to rediscover our sense of outrage and indignation at the commodification of human behavior. The Age of Surveillance Capitalism sets an almost impossibly ambitious challenge with the imposing mission Zuboff sets for herself, variously comparing its scope to Adam Smith, Max Weber and Karl Marx in its exploration of the ‘kind of civilization [surveillance capitalism] foretells’ (The Age of Surveillance Capitalism, 347). Yet deftly switching between a theoretical analysis of the underling concepts and its application in a rapidly changing technological environment, Zuboff offers a roadmap that will serve scholars and regulators alike in contending with this new economic and technological reality. -
Big Data: New Tricks for Econometrics†
Journal of Economic Perspectives—Volume 28, Number 2—Spring 2014—Pages 3–28 Big Data: New Tricks for Econometrics† Hal R. Varian oomputersmputers aarere nnowow iinvolvednvolved iinn mmanyany eeconomicconomic ttransactionsransactions aandnd ccanan ccaptureapture ddataata aassociatedssociated wwithith tthesehese ttransactions,ransactions, whichwhich ccanan thenthen bbee manipulatedmanipulated C aandnd aanalyzed.nalyzed. CConventionalonventional sstatisticaltatistical aandnd econometriceconometric techniquestechniques suchsuch aass rregressionegression ooftenften wworkork well,well, bbutut ttherehere aarere iissuesssues uuniquenique ttoo bbigig datasetsdatasets thatthat maymay rrequireequire ddifferentifferent ttools.ools. FFirst,irst, tthehe ssheerheer ssizeize ooff tthehe ddataata iinvolvednvolved mmayay rrequireequire mmoreore ppowerfulowerful ddataata mmanipulationanipulation ttools.ools. SSecond,econd, wewe maymay hhaveave mmoreore ppotentialotential ppredictorsredictors tthanhan aappro-ppro- ppriateriate fforor eestimation,stimation, ssoo wwee needneed toto dodo somesome kindkind ofof variablevariable selection.selection. Third,Third, llargearge ddatasetsatasets mmayay aallowllow fforor mmoreore fl eexiblexible relationshipsrelationships tthanhan simplesimple linearlinear models.models. MMachineachine llearningearning ttechniquesechniques ssuchuch aass ddecisionecision ttrees,rees, ssupportupport vvectorector machines,machines, nneuraleural nnets,ets, ddeepeep llearning,earning, aandnd soso onon maymay allowallow forfor moremore effectiveeffective -
Spring 2020 CWRU Economics Dept Newsletter
Spring 2020 CWRU Economics Dept Newsletter Hal Varian gives 2019 McMyler Memorial Lecture September 24, 2019: Hal Varian, Chief Economist at Google, visited campus to deliver the annual Howard T. McMyler Memorial Lecture. Varian talked about the future of work, focusing on how shifting demographics and declining popula- tion growth will continue to create a tight labor market even in the face of increased automation. He also met with a small group of economics majors before his presentation, where he answered their questions and offered advice. Pictured are economics majors at the meeting: back row: Aayush Parikh ('20), Hersh Bhatt ('20), Kareem Agag ('20), (Hal Vari- an), James Jung ('22), and Marcus Daly ('20); front row: Alec Hoover ('20), Alexandra Stevens ('20), Claire Jeffress ('22), Lee Radics ('20), Jon Powell ('21), Earl Hsieh ('21), and Peter Durand ('20). Women in Economics club approved Professor Roman Sheremeta gave two TED talks in Women in Economics (WE) aims to empower women by hosting 2019: one in Ukraine at events that foster connections within and beyond CWRU, as well TEDxIvano-Frankivsk over the summer, and one as assist women in professional development to increase their on campus at TEDxCWRU in November. His representation in the economics community. Students from any TEDxCWRU talk, “The Pursuit of Happiness: major or gender may join and/or attend events. Advice from a Behavioral Economist,” is now Their first event will be March 24, 4:00 p.m. in PBL 203: a available on the TEDx Talks YouTube channel. general introduction and social event for anyone interested in participating in the club. -
Google's Economic Impact
Google’s Economic Impact United States | 2012 The web is working for American businesses. And Google is helping. Google is well-known for helping people search for and find the information they want. Through our search and advertising programs, businesses find customers, publishers earn money from their online content and nonprofits get donations and volunteers. These tools are how we make money, and they’re how millions of businesses do, too. It’s these solutions that make Google an engine for economic growth. According to BIA/Kelsey, 97% of Internet users in the U.S. look online for local products and services, and hundreds of thousands of businesses use the Internet— and Google tools—to reach these potential customers. This economic report details Google’s economic impact across the country, including state-by-state numbers of advertisers, publishers, and non-profits who use Google every day. But there are real stories behind all those numbers, so we’ve included examples of businesses that are using the web, and Google, to succeed online. Google was a small business not that long ago and we are proud to share the tools of our success with other businesses that want to grow and thrive in the age of the Internet. Sincerely, Allan Thygesen Vice President, Global SMB Sales Google’s Economic Impact Where we get the numbers Aside from being a well-known search engine, Google is also a successful advertising company. We make most of our revenue from the ads shown next to our search results, on our other websites, and on the websites of our partners. -
Hidden Value: How Consumer Learning Boosts Output
Hidden Value: How Consumer Learning Boosts Output BY LEONARD NAKAMURA phones. Ipads. Wikipedia. Google Maps. Yelp. TripAdvisor. product exists and then what its char- New digital devices, applications, and services offer advice acteristics and performance are like. and information at every turn. The technology around This information acquisition in turn I us changes fast, so we are continually learning how best lowers the risk associated with any to use it. This increased pace of learning enhances the given purchase and, on average, will satisfaction we gain from what we buy and increases its value to us over raise the amount of pleasure or use we time, even though it may cost the same — or less. However, this effect get from it. of consumer learning on value makes inflation and output growth more Consider all the information avail- difficult to measure. As a result, current statistics may be undervaluing able to help us decide to see a movie. household purchasing power as well as how much our economy We can look at trailers in the theater or online; we can read reviews and produces, leading us to believe that our living standards are declining compare the number of stars the movie when they are not. gets from critics or fellow moviegoers; and we can ask our friends. Similarly, when deciding on a restaurant, we can This disconnect has implications Then we will turn to theories of con- consult online sources like Yelp, Zagat, for policy. Economists are more famil- sumer preferences and behavior that or Chowhound; we can examine the iar with how learning makes us better take learning into account. -
Privacy Trading in the Surveillance Capitalism Age Viewpoints on ‘Privacy-Preserving’ Societal Value Creation
Privacy Trading in the Surveillance Capitalism Age Viewpoints on ‘Privacy-Preserving’ Societal Value Creation Ranjan Pal, Jon Crowcroft University of Cambridge [email protected],[email protected],[email protected] This article is an editorial note submitted to CCR. It has NOT been peer reviewed. The authors take full responsibility for this article’s technical content. Comments can be posted through CCR Online. ABSTRACT well as the state-of-the-art IoT/CPS systems. All this is made possi- In the modern era of the mobile apps (part of the era of surveil- ble through mobile apps (applications) that enable the functioning lance capitalism, a famously coined term by Shoshana Zuboff), huge of operations in this ecosystem. ln-app advertising is an essential quantities of data about individuals and their activities offer a wave part of this digital ecosystem of free mobile applications, where of opportunities for economic and societal value creation. How- the ecosystem entities comprise the consumers, consumer apps, ever, the current personal data ecosystem is mostly de-regulated, ad-networks, advertisers, and retailers (see Figure 1 for a simplified fragmented, and inefficient. On one hand, end-users are often not representation for the ad-network and advertisers case). In reality, able to control access (either technologically, by policy, or psycho- advertisers and retailers could be directly linked to the consumer logically) to their personal data which results in issues related to apps in sell-buy relationships. As a popular example, Evite.com privacy, personal data ownership, transparency, and value distri- may sell lists of their consumers attending a party in a given loca- bution.