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Kenneth Rogoff
Filter: Category: Technology > Internet
  • Technology, Internet, ECONOMICS, US

    Barry Ritholtz, "Don't Blame Amazon for the Retail Apocalypse"

    Bloomberg - 9 Apr 2018

    The editorialist argues that Amazon is a symptom, not the cause, of the “retail apocalypse” currently engulfing the US. First, the US has a huge excess of retail space (surpassing all other developed nations by a wide margin: 23.6 square feet of retail space/person versus 4.6 in the UK).  Second, price sensitivity is a natural response to decades of wage stagnation. Third, the younger generations are changing their consumption habits. An interesting and short read (5 min) with lessons for the rest of the world.

    Published in Weekly selection 13 April 2018

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  • Technology, Internet

    Tim Wu, "Don’t Fix Facebook. Replace It"

    The New York Times - metered paywall - 3 Apr 2018

    The author of “The Attention Merchants: The Epic Struggle to Get Inside Our Heads” argues that the days of Facebook are over because “at its core, (it) is a surveillance machine, and to expect that to change is misplaced optimism”. Social media isn’t going to go away, but a proper network will have to realize that advertising and data-collection models are just incompatible. Any viable alternative will put the protection of privacy at its core (reads in 5-6 min).

    Published in Weekly selection 7 April 2018

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  • PSYCHOLOGY, Human condition, Technology, Internet

    Dylan Curran, "Are you ready? Here is all the data Facebook and Google have on you"

    The Guardian - 30 Mar 2018

    This will freak you out… The harvesting of our personal details goes far beyond the limits most of us imagine. Simply put: Facebook and Google (plus many others but with fewer details) have pretty much everything on us. Nothing we did, read or consulted is ever lost… This article shows why “Surveillance capitalism” drives much of the internet. It's behind most of the "free" services, and many of the paid ones as well. Few people realize that in the US alone, there are 2,500 to 4,000 data brokers whose business is buying and selling our personal data (reads in 5-7 min).

    Published in Weekly selection 31 March 2018

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