Group items tagged

"Mentor is made by eDriving, which describes the app on its website as a "smartphone-based solution that collects and analyzes driver behaviors most predictive of crash risk and helps remediate risky behavior by providing engaging, interactive micro-training modules delivered directly to the driver in the smartphone app." But CNBC talked to drivers who said the app mostly invades their privacy or miscalculates dangerous driving behavior. One driver said even though he didn't answer a ringing phone, the app docked points for using a phone while driving. Another worker was flagged for distracted driving at every delivery stop she made. The incorrect tracking has real consequences. ranging from restricted payouts and bonuses to job loss. "

"What the apps have done, instead of competing to serve customers and restaurants, is use Wall Street money to accumulate market power, raise barriers to entry, and then merge with each other and set up regional monopolies.The people who have invested tens of billions of dollars in the four dominant delivery apps tolerate huge short-term losses purely because they see the likelihood of monopoly power"

"(And, in fact, anonymity apps have brought positives along with the negatives. Not long ago, a post on Secret reported that Google had acquired the poster's five-person company and had hired everyone but her. Later posts revealed that she was the only female at the company and had been there since it was founded. The thread became the talk of Silicon Valley, generating a lively debate about suppressed sexism in the start-up community. The poster's ability to remain anonymous was key to this information coming out. She could stand up to power, speak without embarrassment, and avoid alienating potential employers who might take a dim view of her controversial statements. That's exactly why the First Amendment protects anonymous speech, and that's why the value of anonymity apps like Yik Yak shouldn't be summarily dismissed. "

"We are talking about vast fields of aggregate data, the scale of which is difficult to comprehend; this data can be parsed by the artificial intelligence recommendation algorithms that Google has pioneered, and that now steer everything from employment application processes to dating apps."

"BEIJING: Handing over a piping hot meal at exactly the time promised, Chinese food delivery driver Zhuang Zhenhua triumphantly tapped his job as complete through the Meituan app -- and was immediately fined half of his earnings. A glitch meant it inaccurately registered him as being late and he incurred an automatic penalty -- one of many ways, he said, delivery firms exploit millions of workers even as the sector booms. Authorities have launched a crackdown demanding firms including Meituan and Alibaba's Ele.me ensure basic labour protections such as proper compensation, insurance, as well as tackling algorithms that effectively encourage dangerous driving."

"The more our attention degrades, the harder it will be to summon the personal and political energy to take on the forces stealing our focus. The first step it requires is a shift in our consciousness. We need to stop blaming ourselves, or making only demands for tiny tweaks from our employers and from tech companies. We own our own minds - and together, we can take them back from the forces that are stealing them."

"Robinhood's free-trading revolution helped pave the way to the recent Reddit mayhem on Wall Street. The rise of Robinhood means that the ability to buy stocks, on a whim, is now at everyone's fingertips. Robinhood has opened investing up to the masses. Rival online brokerages were forced to mimic Robinhood's zero-commission business model, and some joined forces just to survive. "

"Instead, the robots are here not to replace this lower tier of underpaid and undervalued work. They are here to smugly sit in the middle, monitoring and surveilling us, hiring and firing us. Amazon has recently replaced its middle management and human resources workers with artificial intelligence to determine when a worker has outlived their usefulness and needs to be let go. There is no human to appeal to, no negotiating with a bot. "

"At Amazon, some warehouse and delivery drivers complain that AI-driven bots have fired them without any human intervention whatsoever. At some companies, surveillance apps track how much time workers spend in trips to the bathroom, with some workers protesting that the time limits are too strict."

"The collapse of SVB was the second-largest bank failure in the history of the United States. The largest, Washington Mutual in 2008, took place over the course of eight months. SVB's collapse played out in barely two days. Anxious Twitter posts and WhatsApp exchanges, coupled with the ease of access that online banking provides, are seen by analysts as a serious catalyst for the current crisis. Experts suggest that in the social media age, the psychological behaviour behind a bank run - mass fear from depositors of losing their savings - may be amplified and go viral quicker than bank officers and regulators can successfully respond."