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Review for The Black Box Society: The Secret Algorithms That Control Money and Information
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Required reading for those who want to understand the new reality we live in.
If you want to understand how the next couple of decades are going to unfold, this book is required reading. I find it baffling that people get upset over NSA surveillance, but they don't mind being spied on by companies using secret algorithms that negatively affect them in their day-to-day life. Pasquale points out the many ways that companies secretly use data against you -- and the system is completely hidden in secrecy.
Are you okay with getting charged more for a product because you live in a certain zip code? Are you okay with retail stores using algorithms to discover that you're probably pregnant (and marketing things to you accordingly)? Are you okay with facing a higher credit card interest rate because you signed up for marriage counseling, thus making you more of a "risk," according to a secret algorithm? There's no end to unethical ways data can and will be used against us -- rape victim, gullible elderly, and other "ghoulish categories," as...
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