High-frequency trading makes it apparent that in stock and other financial trading computer decision making is out pacing humans in speed and quality. Three issues spring to mind: (1) The impact of efficiency of markets on collaborability, (2) Our societal relationship with technology and (3) Decision making is shifting from humans to computers.
Search is basic to the Internet and to be considered a utility function. Without „search” no find. "Degraded links" are hurting society as a whole and should be banned.
By clicking a link in a interesting article by Techcrunch I stumbled upon "Our Comrade The Electron" - Webstock Conference Talk by Maciej Ceglowski. Excellent presentation, intriguing narrative and great observations on our relation with technology.
Our societies and economies are impacted heavily by technological change, they always have been. While some technologies - like the bitcoin protocol - allow for smaller economic actors to be relatively more economically viable then before other developments go in different directions.
Often antitrust is connected to behaviour in the disadvantage of competitors – and hence the dis-economies this brings for consumers – we should have a wider perspective at the (potential) negative impact companies have on society. Slowly but surely we should start looking at the disadvantages to society’s ability to collaborate as well.
(2 minutes reading time) Since having spend some early years of my professional life in a technical wholesale company I have been following the incredible developments of Amazon with great [...]
(4 minutes reading time) Picking up the glove I threw in front of myself in my previous post on Clinkle to describe “the contours of the ultimate payment method” I [...]
Finextra: Bitcoin exchange MT. Gox introduces account verification: In a statement on its Web site about the new verification system, MT. Gox says: "The Bitcoin market continues to evolve, as [...]
With all the attention to money and payments related topics here at Red Planet Dust lately I feel inclined to explain how this fits in with the theme of this [...]
Payments are about the logistics to transfer money (value) from one to an other. Governments have long tried to control the mechanisms to pay as payments are an important part [...]
[Transalation of original post] The possibilities available to the participants on the Internet are still increasing. These opportunities are increasingly easier to use and and made available to the participants. [...]
