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ANDRÉ CRAMER

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digitaldisruption

Very good read on what the Digital Disruption of our Social Life is doing to us: Is Social Media The New Tobacco? (John Battelle)

The digital disruption of our everyday life, in particular, our social relationships and interaction among each other is not really a spotlight topic. We talk about the future of jobs, autonomous driving, the Internet of Things and since the 2016 elections we at least talk about the impact of digitalizing and democratizing our media. This article takes a closer look at social media and what it can do and does to our life, especially to that of our kids and teenagers. We need to be more conscious of this, and make sure the social media industry gets regulated where there is a need for regulation. Read for yourself:

“I’ll admit I was a slow-follower when the iPhone launched ten years ago. I was suspicious of Apple’s intent — I was not fan of its closed, vertically integrated model — and the market’s infatuation with apps felt like a fad that would ultimately fade. When I finally did get an iPhone, I felt complicit in the what amounted to internet climate change: slowly but surely, our new addictions were bound to swamp all that we had worked so hard to build on the open web. As Tristan Harris and many others have pointed out, the economic incentives driving our mobile landscape (in short: advertising) are based fundamentally on the science of addiction, and addicted we certainly are…”

Source: Is Social Media The New Tobacco? – NewCo Shift

Tesla Shows How Traditional Business Metrics Are Outdated (Eddie Yoon)

A great article using Tesla as an example of how in the digitalization age traditional business metrics get outdated. How do we compare new concepts, businesses, ecosystems to related traditional counterparts? Here’s some very useful food for thought:

“Elon Musk is having a moment. Tesla just delivered its first Model 3, the affordable model that he envisioned in his “secret” strategy some 11 years ago. He wanted to build a sports car, then build a more affordable car with zero emissions. He’s basically already there. The Model 3 has mostly rave reviews and a multiyear waiting list, which is quite a feat, even for an industry leader like Musk.

And yet confusion still abounds regarding Tesla. There are roughly the same number of buy, hold, and sell ratings on the company, which means Wall Street has no idea what’s going on. Tesla’s recent announcement to raise $1.5 billion in debt was largely met with a yawn by stockholders, as shares moved down a slight 0.5%. Tesla’s ability to surprise has analysts wondering if it is wise to ever bet against Elon Musk…”

Read the article on HBR: Tesla Shows How Traditional Business Metrics Are Outdated

Important Read on the challenging future of Retail Jobs: In Towns Already Hit by Steel Mill Closings, a New Casualty is Retail Jobs (Rachel Abrams, Robert Gebeloff)

Time well-spent listening: The Digital Industrial Revolution (TED Radio Hour @NPR)

Guy Raz: “I ask myself this question a lot which is: Is this the future we want? Have we gotten to a place where the train has left the station, where we don’t really have much of a choice about where the future is heading?”

Erik Brynjolfsson: “Well let me try to cheer you up a little bit. Let’s just step back and look at the fundamentals. What are you and I are talking about? We re talking about a world with vastly more wealth, vastly more power to solve all sorts of problems. Vastly less need for us to work. Most routine tasks could be eliminiated. Shame on us, shame on us, if we mess that up and turn that into a bad thing. Wouldn’t that be the worst irony in the world where we take more wealth and less work and say ‘Oh, what a terrible thing?’ I think we can essentially eliminate poverty from planet earth, we can cure most deseases. And the global millennium goals, we are on track to beat them and eliminate severe poverty. There are a lot of positive trends. I think the world in 25 years could be a much better version of the world we have today. But the role of humans would still be fundamentally at the center of that.”

Source: The Digital Industrial Revolution : TED Radio Hour : NPR

An absolute Must-Read: Will Democracy Survive Big Data and Artificial Intelligence? (Scientific American)

The digital revolution is in full swing. How will it change our world? The amount of data we produce doubles every year. In other words: in 2016 we produced as much data as in the entire history of humankind through 2015. Every minute we produce hundreds of thousands of Google searches and Facebook posts. These contain information that reveals how we think and feel. Soon, the things around us, possibly even our clothing, also will be connected with the Internet. It is estimated that in 10 years’ time there will be 150 billion networked measuring sensors, 20 times more than people on Earth. Then, the amount of data will double every 12 hours. Many companies are already trying to turn this Big Data into Big Money…

Source: Will Democracy Survive Big Data and Artificial Intelligence? – Scientific American

What it feels like to be the last generation to remember life before the internet (Going Walden)

Technology has a lot to answer for: killing old businesses, destroying the middle class, Buzzfeed. Technology in the form of the internet is especially villainous, having been accused of everything from making us dumber (paywall) to aiding dictatorships. But Michael Harris, riffing on the observations of Melvin Kranzberg, argues that “technology is neither good nor evil. The most we can say about it is this: It has come.”

Harris is the author of “The End of Absence: Reclaiming What We’ve Lost in a World of Constant Connection,” a new book about how technology affects society…

Source: What it feels like to be the last generation to remember life before the internet — Quartz

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