I’m at the Brookings Institution today for an event which will, in part, be the launch of my report for The Hamilton Project on “Enhancing Competition with Data and Identity Portability.” You can download the report here and
A company called curio.io offered to take certain posts on Digitopoly and have a professional narrator read them. I have heard that many people like audio versions of written stuff and so was happy to let them at it. Their first post is below.
It is very easy to posit a sense of exploitation when it comes to data. Try this for size: “Networks are relying on data by individuals but they aren’t being paid and this is making those networks profitable.” Substitute “plantations” for “networks,” “labour” for “data,” and “individuals” for “slaves” and you get the picture.
Eric Budish has a new paper out on “The Economic Limits of the Blockchain.” He demonstrates a potentially fundamental contradiction at the heart of ‘proof of work’ schemes to support cryptocurrencies — the most famous of which is,
That was the topic of a panel I was involved in at the Chicago Booth Annual Antitrust Conference last week. One thing you get from a Chicago panel is a diverse range of opinions. The panel was motivated by an article in the Yale Law Journal by Lina Khan written when she was a student and, having heard her speak now, she has ‘future politician’ written all over her.
[with Ajay Agrawal and Avi Goldfarb, originally published in HBR Online under the title “Is your company’s data actually valuable in the AI era?” , 17 Jan 2018. Their book, Prediction Machines, is coming out in April 2018].
[with Ajay Agrawal and Avi Goldfarb, originally published in HBR Online under the title “Is your company’s data actually valuable in the AI era?” , 17 Jan 2018. Their book, Prediction Machines, is coming out in April 2018].
It is time for the annual review of the past year in digital economics. As in prior years, this review will resemble an awards ceremony. And there are so many events deserving of recognition — hackers at Equifax, Russian ads at Facebook, #metoo on Twitter, an implosion at Uber, and a bubble at Bitcoin, to name just a few notable events. This post will reward these events, and more!
It is time for the annual review of the past year in digital economics. As in prior years, this review will resemble an awards ceremony. And there are so many events deserving of recognition — hackers at Equifax, Russian ads at Facebook, #metoo on Twitter, an implosion at Uber, and a bubble at Bitcoin, to name just a few notable events. This post will reward these events, and more!
Many people say nothing but that is the same of all money like assets to some degree. Bob Shiller says we can’t actually tell as it is worth what people think it is worth and that could be anything. I wonder if we can do better. To be sure, “better” is not great.