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I’m a Victim of Circumstances!

The idea that Facebook was creating its own cryptocurrency intrigues on many fronts. First of all the thought that a private company could take over such a large and public space usually occupied by governments. While I am not suggesting that Libra, Facebook’s cryptocurrency will replace government issue money but if we think that this may not create a copy economy we deceive ourselves at our own risk. In a world were retail giants have fallen silent in the face of Amazon, why should we think it impossible that the government wouldn’t outsource the responsibility for creating currency. We outsource many aspects of our military to Blackwater, our prisons are outsourced to private companies, why not our economy. Why suffer the slings and arrows of uncertainty when we can gleefully turn that responsibility to a conglomerate. The only thing that may make this run a fowl would be the fact that only 27% of Facebook users believe that “Facebook is committed to protecting the privacy of my personal information.” while one might forgive even offer up for sacrifice our data for the latest photo of someones the first course, when it comes to our money, I like to think we take things a bit more seriously. But perhaps that is mistaken. While one of those large banks repeatedly stole from customers and yet, after a slap on the wrist from regulators and still, people gladly trade their dignity as consumers to work with a bank of established liars and thieves. Perhaps we shouldn’t worry about businesses too big to fail and worry about the cost of ones that succeed
If banks can be thought too big to fail, maybe we need to work that Facebook may be too dangerous to succeed.

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internet, misuse, social media, Technology, Uncategorized

Only Make Belive…

It was with a certain pleasure I read John Chen’s excellent article, “The Simple Solution To The Technology Trust Crisis” and its suggestions as to how to resolve the issue that people don’t trust the technology that they seem to rely on every day. He suggests that we must own our data and be allowed to be responsible for the monetization or non-monetization of our data, our choices and by extension ourselves, something we have been saying here. It got me thinking of having drinks with a lovely girl from South Africa while in college. She was African and delighted in telling me how in Apartheid South Africa, I would be thought of as less than white, with my olive skin and dark curly hair, that I would fall somewhere on the scale of quadroon, or octoroon. The dictionary reminds that quadroon refers to one who In the 19th century was a person who was one-quarter black and three-quarters white. In other words, a quadroon had one grandparent of African descent. The dictionary goes on to declare that the term is deeply offensive and obsolete.
While that is a charming thought, perhaps the future will see a return of that type of classification for our relation to our digital assets, perhaps we will allow the big tech companies to own our digital personality- digital slaves.  Perhaps we will find this term useful to declare how much of ourselves belongs to us and how much is owned by Google, Facebook or Amazon. Author Kashmir Hill, tried to remove herself from the snarl of big tech only to find that she was unable to live without its convenience. Perhaps we are already fast asleep, and the oozy weeds about us twist as we give the only power have, the power to make choices for ourselves, away. Maybe, for us to even think of ourselves as complete owners of our data, our choices and by extension ourselves is only make-believe.

Are we judged by our digital choices?

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internet, Technology, Uncategorized

A Talent to Amuse

There are trends that are interesting and then there are trends that are disturbing. The latter seemed true when we saw that Netflix now seems to dominate 15 percent of the internet-while YouTube follows with another 11 percent and Amazon coming in with 3 percent. It seems that we are in a race for distraction and video content being the latest thing that no one can be without. Disney buys Fox not for the distribution but for the content as our voracious eyes must constantly be fed with new images. With Ford Motor stock being degraded to just above junk bond status and Sears filing for bankruptcy it seems that we are no longer a nation that makes or buys things but only one that prefers to watch others do things. While Napoleon had once called Britan a nation of shopkeepers, we have become voyeurs who only find value in what Noel Coward called “a talent to amuse” Hi ho, if that were all…

The title comes from a song by Noel Coward, the lyrics and a link to a performance are below.

I believe in doing what I can
In crying when I must
In laughing when I choose
Hey ho, if love were all
I should be lonely.
I believe the more you love a man,
The more you give your trust,
The more you’re bound to lose.
Although when shadows fall
I think if only
Somebody splendid really needed me
Someone affectionate and dear
Cares would be ended if I knew that he
Wanted to have me near.
But I believe that since my life began
The most I’ve had is just a talent to amuse.
Hey ho, if love were all.

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