This is today’s edition of The Download our weekday newsletter that provides a daily dose of what’s going on in the world of technology.
How algorithms trap us in a cycle of shame
Working in finance at the beginning of the 2008 financial crisis, mathematician Cathy O’Neil got a firsthand look at how much people trusted algorithms—and how much destruction they were causing. Disheartened, she moved to the tech industry, but encountered the same blind faith. After leaving, she wrote a book in 2016 that dismantled the idea that algorithms are objective.
O’Neil showed how every algorithm is trained on historical data to recognize patterns, and how they break down in damaging ways. Algorithms designed to predict the chance of re-arrest, for example, can unfairly burden people, typically people of color, who are poor, live in the wrong neighborhood, or have untreated mental-health problems or addictions.
Over time, she came to realize another significant factor that was reinforcing these inequities: shame. Society has been shaming people for things they have no choice or voice in, such as weight or addiction problems, and weaponizing that humiliation. The next step, O’Neill recognized, was fighting back. Read the full story.
London is experimenting with traffic lights that put pedestrians first
The news: For pedestrians, walking in a city can be like navigating an obstacle course. Transport for London, the public body behind transport services in the British capital, has been testing a new type of crossing designed to make getting around the busy streets safer and easier.
How does it work? Instead of waiting for the “green man” as a signal to cross the road, pedestrians will encounter green as the default setting when they approach one of 18 crossings around the city. The light changes to red only when the sensor detects an approaching vehicle—a first in the UK.
How’s it been received? After a trial of nine months, the data is encouraging: there is virtually no impact on traffic, it saves pedestrians time, and it makes them 13% more likely to comply with traffic signals. Read the full story.
Check out these stories from our new Urbanism issue. You can read the full magazine for yourself and subscribe to get future editions delivered to your door for just $120 a year.
– How social media filters are helping people to explore their gender identity.
– The limitations of tree-planting as a way to mitigate climate change.
Podcast: Who watches the AI that watches students?
A boy wrote about his suicide attempt. He didn’t realize his school’s software was watching. While schools commonly use AI to sift through students’ digital lives and flag keywords that may be considered concerning, critics ask: at what cost to privacy? We delve into this story, and the wider world of school surveillance, in the latest episode of our award-winning podcast, In Machines We Trust.
Check it out here.
ICYMI: Our TR35 list of innovators for 2022
In case you missed it yesterday, our annual TR35 list of the most exciting young minds aged 35 and under is now out! Read it online here or subscribe to read about them in the print edition of our new Urbanism issue here.
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.
1 There’s now a crazy patchwork of abortion laws in the US
Overturning Roe has triggered a legal quagmire—including some abortion laws that contract others within the same state. (FT $)
Protestors are doxxing the Supreme Court on TikTok. (Motherboard)
Planned Parenthood’s abortion scheduling tool could share data. (WP $)
Here’s the kind of data state authorities could try to use to prosecute. (WSJ $)
Tech firms need to be transparent about what they’re asked to share. (WP $)
Here’s what people in the trigger states are Googling. (Vox)
2 Chinese students were lured into spying for Beijing
The recent graduates were tasked with translating hacked documents. (FT $)
The FBI accused him of spying for China. It ruined his life. (MIT Technology Review)
3 Why it’s time to adjust our expectations of AI
Researchers are getting fed up with the hype. (WSJ $)
Meta still wants to build intelligent machines that learn like humans, though. (Spectrum IEEE)
Yann LeCun has a bold new vision for the future of AI. (MIT Technology Review)
Understanding how the brain’s neurons really work will aid better AI models. (Economist $)
4 Bitcoin is facing its biggest drop in more than 10 years
The age of freewheeling growth really is coming to an end. (Bloomberg $)
The crash is a threat to funds worth millions stolen by North Korea. (Reuters)
The cryptoapocalypse could worsen before it levels out. (The Guardian)
The EU is one step closer towards regulating crypto.
By: Rhiannon Williams
Title: The Download: Algorithms’ shame trap, and London’s safer road crossings
Sourced From: www.technologyreview.com/2022/06/30/1055300/download-algorithm-shame-london-safe-road-crossings-pedestrians-city/
Published Date: Thu, 30 Jun 2022 12:18:53 +0000
Did you miss our previous article…
LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys
Bitso, a leading cryptocurrency platform operating in Latin America, and the Mexican Football Federation (FMF), today announced the joint launch of the first collectible NFT of the Mexico National Team’s jerseys that was acquired in cryptocurrencies.
This morning through their social media platforms, the FMF and Bitso announced the opportunity to acquire the new official National Team fan jerseys ahead of the team’s participation in the 2022 World Cup. In just 20 minutes, the entire collection sold out.
The NFTs of the jerseys have an exclusive design for the metaverse – each is unique on the blockchain and can be resold by its owner in subsequent transactions.
The collection consisted of 100 official physical jerseys, each with a corresponding NFT version of the jersey that fans’ avatars can wear within the Decentraland metaverse. Each physical and NFT jersey set sold for the equivalent of $1,800 MXN in ethers.
“Our mission is to make cryptocurrency useful in the everyday life of Mexicans; we are committed to spreading the technology through innovative opportunities that help people throughout the country familiarize themselves with this new world. We are very excited to offer the incredible, historic opportunity for the fans of our National Team so that through their Bitso account, they can wear the colors of the National Team on and ‘off’ the field in the metaverse.”
– Bárbara González Briseño, General Director of Bitso México
Created by Bitso, the virtual jersey sports the official colors of Mexico and the new National Team shield, characteristics that will make it stand out when users wear it in the virtual world of Decentraland.
The post LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys appeared first on CryptoNinjas.
Title: LATAM crypto exchange Bitso and FMF launch NFT of Mexico’s National Team jerseys
Sourced From: www.cryptoninjas.net/2022/07/29/latam-crypto-exchange-bitso-and-fmf-launch-nft-of-mexicos-national-team-jerseys/
Published Date: Fri, 29 Jul 2022 15:19:02 +0000
Did you miss our previous article…
Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth
EXMO, a crypto exchange platform operating since 2014, announced this week a rebranded visual identity with includes a new logo, brand colors, and design features. This new branding comes as EXMO continues to grow its crypto platform while also seeking to expand its presence in other jurisdictions.
Some new developments underway at EXMO:
Soon, users will be able to earn passive income from EXMO’s new staking platform.Plans to launch an EXMO crypto debit card.Expansion of its services in international markets with the opening of offices in Poland and Lithuania.
EXMO’s new logo
The rationale for the re-brand:
“At EXMO, we have a vision of a world where crypto is in every wallet. Hassle-free. We want to achieve this by making crypto as simple and accessible to everyone as possible. And we know that you already appreciate EXMO for offering user-friendly services and helpful support. Also for the opportunity to trade anywhere and anytime, closing deals in just a few taps. Such important changes required a rethinking of our corporate style, which has long needed a massive upgrade. So today we are introducing a new brand identity for EXMO with a completely new visual concept. We are launching a new logo, brand colors, and design elements. Our key design principles are simplicity, boldness, and a pinch of fun. But most importantly, we have changed our logo. Simple and easily recognizable, it represents the humanity of our brand. The logo stands out due to the wavy letter ‘m’ which symbolizes exchange rate charts and also resembles a spring that will launch you into the crypto world.”
– The EXMO Team regarding the re-branding
The post Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth appeared first on CryptoNinjas.
Title: Long-running crypto exchange EXMO unveils “lively” rebrand amidst growth
Sourced From: www.cryptoninjas.net/2022/07/26/long-running-crypto-exchange-exmo-unveils-lively-rebrand-amidst-growth/
Published Date: Tue, 26 Jul 2022 08:10:38 +0000
Did you miss our previous article…
Stitching together the grid will save lives as extreme weather worsens
The blistering heat waves that set temperature records across much of the US in recent days have strained electricity systems, threatening to knock out power in vulnerable regions of the country.
The electricity has largely stayed online so far this summer, but there have been scattered problems and close calls already.
Heavy use of energy-sucking air-conditioners is the biggest problem. But intense heat can also reduce the output of power plants, blow transformers, and force power lines to sag. Severe droughts across large parts of the country have also significantly reduced the availability of hydroelectric power, according to the North American Electric Reliability Corporation (NERC).
It’s unlikely to get better soon. A number of grid operators may struggle to meet peak summer demand, creating the risk of rolling blackouts, the NERC report notes.
The nation’s isolated and antiquated grids are in desperate need of upgrades to keep the lights, heat, and air-conditioning on in the midst of extreme weather events that climate change is making more common, severe, and dangerous. One clear way to ease many of these issues is to more tightly integrate the country’s regional grids, stitching them together with more long-range transmission lines.
If electricity generated in one area can be more easily shared across much wider regions, power can simply flow to where it’s needed at those moments when customers crank up air-conditioners en masse, or when power plants or fuel supply lines fail amid soaring temperatures, wildfires, hurricanes, or other events, says Liza Reed, a research manager focused on transmission at the Niskanen Center, a Washington, DC, think tank.
The problem is it’s proved difficult to build more long-range transmission and grid interconnections for a variety of reasons, including the permitting challenges of erecting wires through private and public lands across cities, counties, and states and the reluctance of local authorities to forfeit control or submit to greater federal oversight.
The case of Texas
The unreliability of the US grid is not a new problem. Severe heat and winter storms have repeatedly exposed the frailty of electricity systems in recent years, leaving thousands to millions of people without power as temperatures spiked or plunged.
One of the fundamental challenges is that the grids today are highly fragmented. There are three main electricity networks within the US: the Eastern Grid, the Western Grid, and the Electric Reliability Council of Texas (ERCOT). But there are numerous regional transmission organizations within those first two systems, including the California Independent System Operator, Southwest Power Pool, PJM Interconnection, New York ISO, and more.
These grids form a complex web of networks operating under different regulators, rules and market structures, and often with limited connections between them.
A variety of regional transmission organizations oversee different parts of the nation’s aging and fragmented grids, which operate under different rules and with often limited connections between them.
ERCOT is especially isolated, in part because of the desire among local politicians, citizens, and power companies to avoid added competition, the hassle of following other states’ rules, and oversight from the Federal Energy Regulatory Commission (FERC). But the state offers a case study in why that can be a serious problem amid increasingly harsh climate conditions, Reed says.
The Texas grid operator pleaded with customers several times earlier this month to cut electricity use as blistering summer temperatures created demand surges that threatened to outstrip supply and require rolling blackouts. Low wind conditions, cloud cover, and outages at fossil-fuel power plants added to the strains.
Shutting off the electricity needed to run air-conditioning in triple-digit temperatures
By: James Temple
Title: Stitching together the grid will save lives as extreme weather worsens
Sourced From: www.technologyreview.com/2022/07/28/1056483/stitching-together-the-grid-will-save-lives-as-extreme-weather-worsens/
Published Date: Thu, 28 Jul 2022 08:00:00 +0000
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