New metric is labeled GDP-B, as it captures the benefits associated with new and free goods and thus goes “beyond GDP”

GDP-B: ACCOUNTING FOR THE VALUE OF NEW AND FREE GOODS IN THE DIGITAL ECONOMY ABSTRACT The welfare contributions of the digital economy, characterized by the proliferation of new and free goods, are not well-measured in our current national accounts. We derive explicit terms for the welfare contributions of these goods and introduce a new metric, … Continue reading New metric is labeled GDP-B, as it captures the benefits associated with new and free goods and thus goes “beyond GDP”

Recent studies demonstrate machine learning algorithms can discriminate based on race and gender

Artificial Intelligence (AI) is rapidly infiltrating every aspect of society. From helping determine who is hired, fired, granted a loan, or how long an individual spends in prison, decisions that have traditionally been performed by humans are rapidly made by algorithms. THE FOLLOWING PUBLISHED PAPER - "Gender Shades: Intersectional Accuracy Disparities in Commercial Gender Classification" Authored … Continue reading Recent studies demonstrate machine learning algorithms can discriminate based on race and gender

Economic gains from Selling-Your-Data to all interested parties

Economics of data is just beginning to showcase the Value to humanity! Social Economics with the development on financial instruments as it relates to income/wages based on a persons data and more importantly, the value associated to such dataset for sale to any/all buyers - is the basis upon Persons Asset Class. (Note: the following … Continue reading Economic gains from Selling-Your-Data to all interested parties