Better ways to measure the new economy


Valerie Hellinghausen and Evan Absher at Kauffman Foundation: “The old measure of “jobs numbers” as an economic indicator is shifting to new metrics to measure a new economy.

With more communities embracing inclusive entrepreneurial ecosystems as the new model of economic development, entrepreneurs, ecosystem builders, and government agencies – at all levels – need to work together on data-driven initiatives. While established measures still have a place, new metrics have the potential to deliver the timely and granular information that is more useful at the local level….

Three better ways to measure the new economy:

  1. National and local datasets:Numbers used to discuss the economy are national level and usually not very timely. These numbers are useful to understand large trends, but fail to capture local realities. One way to better measure local economies is to use local administrative datasets. There are many obstacles with this approach, but the idea is gaining interest. Data infrastructure, policies, and projects are building connections between local and national agencies. Joining different levels of government data will provide national scale and local specificity.
  1. Private and public data:The words private and public typically reflect privacy issues, but there is another public and private dimension. Public institutions possess vast amounts of data, but so do private companies. For instance, sites like PayPal, Square, Amazon, and Etsy possess data that could provide real-time assessment of an individual company’s financial health. The concept of credit and risk could be expanded to benefit those currently underserved, if combined with local administrative information like tax, wage, and banking data. Fair and open use of private data could open credit to currently underfunded entrepreneurs.
  1. New metrics:Developing connections between different datasets will result in new metrics of entrepreneurial activity: metrics that measure human connection, social capital, community creativity, and quality of life. Metrics that capture economic activity at the community level and in real time. For example, the Kauffman Foundation has funded research that uses labor data from private job-listing sites to better understand the match between the workforce entrepreneurs need and the workforce available within the immediate community. But new metrics are not enough, they must connect to the final goal of economic independence. Using new metrics to help ecosystems understand how policies and programs impact entrepreneurship is the final step to measuring local economies….(More)”.

When Westlaw Fuels Ice Surveillance: Ethics in the Big Data Policing Era


Sarah Lamdan at New York University Review of Law & Social Change: “Legal research companies are selling surveillance data and services to U.S. Immigration and Customs Enforcement (ICE) and other law enforcement agencies.

This article discusses ethical issues that arise when lawyers buy and use legal research services sold by the vendors that build ICE’s surveillance systems. As the legal profession collectively pays millions of dollars for computer assisted legal research services, lawyers should consider whether doing so in the era of big data policing compromises their confidentiality requirements and their obligation to supervise third party vendors….(More)”

An Overview of National AI Strategies


Medium Article by Tim Dutton: “The race to become the global leader in artificial intelligence (AI) has officially begun. In the past fifteen months, Canada, China, Denmark, the EU Commission, Finland, France, India, Italy, Japan, Mexico, the Nordic-Baltic region, Singapore, South Korea, Sweden, Taiwan, the UAE, and the UK have all released strategies to promote the use and development of AI. No two strategies are alike, with each focusing on different aspects of AI policy: scientific research, talent development, skills and education, public and private sector adoption, ethics and inclusion, standards and regulations, and data and digital infrastructure.

This article summarizes the key policies and goals of each strategy, as well as related policies and initiatives that have announced since the release of the initial strategies. It also includes countries that have announced their intention to develop a strategy or have related AI policies in place….(More)”.

JPMorgan is quietly building an IBM Watson-like platform


Frank Chaparro at BusinessInsider: “JPMorgan’s corporate and investment bank is best known for advising businesses on billion-dollar acquisitions, helping private unicorns tap into the public markets, and managing the cash of Fortune 500 companies.

But now it is quietly working on a new platform that would go far beyond anything the firm has previously done, using crowdsourcing to accumulate massive amounts of data intended to one day help its clients make complex decisions about how to run their businesses, according to people familiar with the project.

For JPMorgan’s clients like asset-management firms and hedge funds, it could provide new data sets to help investors squeeze out more alpha from their models or better price assets. But JPMorgan is looking to go beyond the buy side to help its large corporate clients as well. The platform could, for example, help retailers figure out where to build their next store, inform manufacturers about how to revamp systems in their factories, and improve logistics management for delivery services companies, the people said.

The platform, called Roar by JPMorgan, would store sensitive private data, such as hospital records or satellite imagery, that’s not in the public domain. Typically, this type of information is exchanged between firms on a bilateral arrangement so it is not improperly used. But Roar would allow clients to tap into this data, which they could then use in a secure fashion to make forecasts and gain business insights….

Right now, the platform is being tested internally with public data and JPMorgan is collaborating with academics to answer questions such as predicting traffic patterns or future air pollution….(More)”.

Citizen science, public policy


Paper by Christi J. GuerriniMary A. Majumder,  Meaganne J. Lewellyn, and Amy L. McGuire in Science: “Citizen science initiatives that support collaborations between researchers and the public are flourishing. As a result of this enhanced role of the public, citizen science demonstrates more diversity and flexibility than traditional science and can encompass efforts that have no institutional affiliation, are funded entirely by participants, or continuously or suddenly change their scientific aims.

But these structural differences have regulatory implications that could undermine the integrity, safety, or participatory goals of particular citizen science projects. Thus far, citizen science appears to be addressing regulatory gaps and mismatches through voluntary actions of thoughtful and well-intentioned practitioners.

But as citizen science continues to surge in popularity and increasingly engage divergent interests, vulnerable populations, and sensitive data, it is important to consider the long-term effectiveness of these private actions and whether public policies should be adjusted to complement or improve on them. Here, we focus on three policy domains that are relevant to most citizen science projects: intellectual property (IP), scientific integrity, and participant protections….(More)”.

How Social Media Came To The Rescue After Kerala’s Floods


Kamala Thiagarajan at NPR: Devastating rainfall followed by treacherous landslides have killed 210 people since August 8 and displaced over a million in the southern Indian state of Kerala. India’s National Disaster Relief Force launched its biggest ever rescue operation in the state, evacuating over 10,000 people. The Indian army and the navy were deployed as well.

But they had some unexpected assistance.

Thousands of Indian citizens used mobile phone technology and social media platforms to mobilize relief efforts….

In many other cases, it was ordinary folk who harnessed social media and their own resources to play a role in relief and rescue efforts.

As the scope of the disaster became clear, the state government of Kerala reached out to software engineers from around the world. They joined hands with the state-government-run Information Technology Cell, coming together on Slack, a communications platform, to create the website www.keralarescue.in

The website allowed volunteers who were helping with disaster relief in Kerala’s many flood-affected districts to share the needs of stranded people so that authorities could act.

Johann Binny Kuruvilla, a travel blogger, was one of many volunteers. He put in 14-hour shifts at the District Emergency Operations Center in Ernakulam, Kochi.

The first thing he did, he says, was to harness the power of Whatsapp, a critical platform for dispensing information in India. He joined five key Whatsapp groups with hundreds of members who were coordinating rescue and relief efforts. He sent them his number and mentioned that he would be in a position to communicate with a network of police, army and navy personnel. Soon he was receiving an average of 300 distress calls a day from people marooned at home and faced with medical emergencies.

No one trained volunteers like Kuruvilla. “We improvised and devised our own systems to store data,” he says. He documented the information he received on Excel spreadsheets before passing them on to authorities.

He was also the contact point for INSPIRE, a fraternity of mechanical engineering students at a government-run engineering college at Barton Hill in Kerala. The students told him they had made nearly 300 power banks for charging phones, using four 1.5 volt batteries and cables, and, he says, “asked us if we could help them airdrop it to those stranded in flood-affected areas.” A power bank could boost a mobile phone’s charge by 20 percent in minutes, which could be critical for people without access to electricity. Authorities agreed to distribute the power banks, wrapping them in bubble wrap and airdropping them to areas where people were marooned.

Some people took to social media to create awareness of the aftereffects of the flooding.

Anand Appukuttan, 38, is a communications designer. Working as a consultant he currently lives in Chennai, 500 miles by road from Kerala, and designs infographics, mobile apps and software for tech companies. Appukuttan was born and brought up in Kottayam, a city in South West Kerala. When he heard of the devastation caused by the floods, he longed to help. A group of experts on disaster management reached out to him over Facebook on August 18, asking if he would share his time and expertise in creating flyers for awareness; he immediately agreed….(More)”.

Trust, Security, and Privacy in Crowdsourcing


Guest Editorial to Special Issue of IEEE Internet of Things Journal: “As we become increasingly reliant on intelligent, interconnected devices in every aspect of our lives, critical trust, security, and privacy concerns are raised as well.

First, the sensing data provided by individual participants is not always reliable. It may be noisy or even faked due to various reasons, such as poor sensor quality, lack of sensor calibration, background noise, context impact, mobility, incomplete view of observations, or malicious attacks. The crowdsourcing applications should be able to evaluate the trustworthiness of collected data in order to filter out the noisy and fake data that may disturb or intrude a crowdsourcing system. Second, providing data (e.g., photographs taken with personal mobile devices) or using IoT applications may compromise data providers’ personal data privacy (e.g., location, trajectory, and activity privacy) and identity privacy. Therefore, it becomes essential to assess the trust of the data while preserving the data providers’ privacy. Third, data analytics and mining in crowdsourcing may disclose the privacy of data providers or related entities to unauthorized parities, which lowers the willingness of participants to contribute to the crowdsourcing system, impacts system acceptance, and greatly impedes its further development. Fourth, the identities of data providers could be forged by malicious attackers to intrude the whole crowdsourcing system. In this context, trust, security, and privacy start to attract a special attention in order to achieve high quality of service in each step of crowdsourcing with regard to data collection, transmission, selection, processing, analysis and mining, as well as utilization.

Trust, security, and privacy in crowdsourcing receives increasing attention. Many methods have been proposed to protect privacy in the process of data collection and processing. For example, data perturbation can be adopted to hide the real data values during data collection. When preprocessing the collected data, data anonymization (e.g., k-anonymization) and fusion can be applied to break the links between the data and their sources/providers. In application layer, anonymity is used to mask the real identities of data sources/providers. To enable privacy-preserving data mining, secure multiparty computation (SMC) and homomorphic encryption provide options for protecting raw data when multiple parties jointly run a data mining algorithm. Through cryptographic techniques, no party knows anything else than its own input and expected results. For data truth discovery, applicable solutions include correlation-based data quality analysis and trust evaluation of data sources. But current solutions are still imperfect, incomprehensive, and inefficient….(More)”.

Data Science Thinking: The Next Scientific, Technological and Economic Revolution


Book by Longbing Cao: “This book explores answers to the fundamental questions driving the research, innovation and practices of the latest revolution in scientific, technological and economic development: how does data science transform existing science, technology, industry, economy, profession and education?  How does one remain competitive in the data science field? What is responsible for shaping the mindset and skillset of data scientists?

Data Science Thinking paints a comprehensive picture of data science as a new scientific paradigm from the scientific evolution perspective, as data science thinking from the scientific-thinking perspective, as a trans-disciplinary science from the disciplinary perspective, and as a new profession and economy from the business perspective.

The topics cover an extremely wide spectrum of essential and relevant aspects of data science, spanning its evolution, concepts, thinking, challenges, discipline, and foundation, all the way to industrialization, profession, education, and the vast array of opportunities that data science offers. The book’s three parts each detail layers of these different aspects….(More)”.

Technology is threatening our democracy. How do we save it?


MIT Technology Review: “Our newest issue is live today, in which we dive into the many ways that technology is changing politics.

A major shift: In 2013 we emblazoned our cover with the words, “Big Data Will Save Politics.” When we chose that headline, Barack Obama had just won reelection with the help of a crack team of data scientists. The Arab Spring had already cooled into an Arab Winter, but the social-media platforms that had powered the uprisings were still basking in the afterglow. As our editor in chief Gideon Lichfield writes, today, with Cambridge Analytica, fake news, election hacking, and the shrill cacophony that dominates social media, technology feels as likely to destroy politics as to save it.

The political impact: From striking data visualizations that take a close look at the famed “filter bubble” effect that’s blamed for political polarization to an examination of how big data is disrupting the cozy world of political lobbying, we’re analyzing how emerging technologies are shaping the political landscape, eroding trust, and, possibly, becoming a part of the solution….(More)”.

The effects of ICT use and ICT Laws on corruption: A general deterrence theory perspective


Anol Bhattacherjee and Utkarsh Shrivastava in Government Information Quarterly: “Investigations of white collar crimes such as corruption are often hindered by the lack of information or physical evidence. Information and communication technologies (ICT), by virtue of their ability to monitor, track, record, analyze, and share vast amounts of information may help countries identify and prosecute criminals, and deter future corruption. While prior studies have demonstrated that ICT is an important tool in reducing corruption at the country level, they provide little explanation as to how ICT influences corruption and when does it work best.

We explore these gaps in the literature using the hypothetico-deductive approach to research, by using general deterrence theory to postulate a series of main and moderating effects relating ICT use and corruption, and then testing those effects using secondary data analysis. Our analysis suggests that ICT use influences corruption by increasing the certainty and celerity of punishment related to corruption. Moreover, ICT laws moderate the effect of ICT use on corruption, suggesting that ICT investments may have limited effect on corruption, unless complemented with appropriate ICT laws. Implications of our findings for research and practice are discussed….(More)”.