The techlash is over. https://twitter.com/AnandWrites/status/1243610572161028096 …
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Replying to @balajis
The good chunk of the “techlash” was misguided. We don’t need it, Facebook isn’t useful, I’d like to walk in the sand instead blah blah. That was nonsense and (falling) elite discomfort. There are remaining issues, particularly about the incentive structures in the rising world.
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Those questions did not get enough traction but they will not go away. I guess I can only hope they get discussed and addressed in the saner world. *laughs and cries while even typing*
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Replying to @zeynep
You can declare partial victory though. Tech folks do now think more broadly about different constituencies. If a platform gets big enough, not "just" a company anymore. In the nick of time too, given rising nationalism and fall of the EU and other international institutions...
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Replying to @balajis
Let me give an example. Tech issues were framed in a "what about individual privacy" narrative. That made little sense because the privacy/surveillance problem is a collective action/public goods problem. At the individual level, the trade-off is clear. Google maps, take my data!
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The question is not what happens if Google has my data, but it has a billion people's data, and what's their incentive structure? That barely got discussed. I've also advocated for privacy-preserving ML, federated learning etc. because there is no "click on yes/no" out of this.+
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This problem is.. strikingly similar to the mask issue. At the individual level, masks may not protect you fully from someone coughing on you, but at the collective level, they protect everyone by stopping asymptomatic folks from infecting! Tech folks immediately got that one!
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Replying to @zeynep
> but it has a billion people's data, and what's their incentive structure? Let me introduce you to the blockchain community, which thinks a great deal about how to decentralize large databases of private data and align incentives while doing so...
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Replying to @balajis
I am familiar. I'm gonna say, you will end up re-inventing Sarbanes-Oxley. I am not nostalgic for the old world, but the old-world solutions we came up for collective action/public-goods problems didn't come out of nowhere. Hopefully, we can have those discussions, too.
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But at the moment, we're pre-EU French and German generals, I guess, who've just been invaded by Martians haha. Nothing like a global enemy to realign some, ahem, disagreements. (EU, btw, was an amazing solution to Europe that couldn't stop big wars that destroyed the world).
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I wouldn't count the EU out just yet. Sure, "coronabond" are silly (let alone coronaEMS) and Germany won't sign on to helicopter money but they need the € and they would be foolish to make a scandal out of temporary national solutions that leave € in place. Bundesbank ain't SNB
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