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ANDRÉ CRAMER

… Digital Transformation & Social Responsibility

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December 2017

A must-read to sharpen your senses on the “Social Score”: In China, a Three-Digit Score Could Dictate Your Place in Society (Mara Hvistendahl)

As an interested and alerted reader on topics where technology meets sociology in the broader sense, many of us are likely noticing an increase in coverage of so called social score projects and experiments. Perhaps you feel like me and you notice a shiver when elaborating on this topic.

Since the most decisive activities in this space take place in China, you find a lot of coverage on their local activities. And it is worth taking a closer look. Right now it all follows the principle “technology / big data / data analytics meets authoritarian state/government”. A scary but in fact a “no brainer” situation. Since there are always tendencies in certain interest groups or parties even in western-style democracies to intrude our private lifes and dilluting privacy laws, we should in fact be carefully watching what is going on and what is possible.

This here is a brilliant piece of journalism by WIRED‘s Mara Hvistendahl. Take the time for this long read. It matters to all of us.

My most alarming quote: “But when he entered his name and national ID number, the app informed him that the transaction wouldn’t go through because he was on the Supreme People’s Court blacklist. This list—literally, the List of Dishonest People—is the same one that is integrated into Zhima Credit.”

You will learn more on Zhima Credit, their activities and the relation with Chinese government activities in the article.

Read the full article here: In China, a Three-Digit Score Could Dictate Your Place in Society | WIRED

Are you aware of the insane Energy Consumption for Bitcoin Creation that is ahead of us? Soon to hit a hard wall…

Over the last months and especially culminating in the last days, it was hard to avoid the bitcoin topic. Climbing to insane heights, bitcoin has passed even the keenest expectations regarding “value” that many of us had. The price has crossed the $15k mark for the first time this week.

Although I do see a bright future for cryptocurrencies, for me the key value lies in the potential it has in enabling us to create a fundamentally new financial system. From a speculators point of view I do believe that what we currently see is mostly based on the greater fool theory (“I will buy Bitcoin because others will hype it even more”). Continue reading “Are you aware of the insane Energy Consumption for Bitcoin Creation that is ahead of us? Soon to hit a hard wall…”

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Teriffic read that helps you understand the turmoil happening to digital media in 2017: How to Survive the Media Apocalypse (Derek Thompson)

If you have wondered what the hell is going on in media, or better put, digital media recently, this is a must-read. After years of growth and surging, fueled by advertising-centric business models and loads of VC money, the digital media landscape sees its most drastic challenge since inception.

Advertising is a dead end. Digital subscription models look really promising, given you have high quality content and an established, ideally pre-digital publishing times brand. Pivoting and pivoting to new types of content formats seems like hopeless actionism. With pivoting to video usually being the end of the death spiral.

My key statement from the article:

“In its inexhaustible capacity for experimentation, digital media has pivoted to programmatic advertising, pivoted to native advertising, pivoted to venture capital, pivoted to Facebook, pivoted to distributed, and pivoted to video. Here is a better experiment: Pivot to readers.”

Enjoy!

Read the entire article here: Why 2017 Feels Like a Media Apocalypse – The Atlantic

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