My backgrounds insurance. Leaving the industry due to the negative societal impacts 'big data' initiatives are leading to. Check out insurer pricing and claims optimization techniques... So unfair that even some US States started banning them.
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You’re right in the middle of it. Traditional insurance, as you know better than I do, spreads the risk among the crowd. The idea is everybody wins. The new version under surveillance capitalism is tailor-made for you. Everybody loses apart from the insurance companies…
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People that are privileged and fortunate will also win. They'll access better prices by connecting IoT devices and behaving as "good risks" should - staying fit and healthy and not claiming etc.
End of conversation
New conversation -
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Exploiting the desperate is the foundation of capitalism. We are livestock
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