Everything People : A New Economic System for our Future

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percent), and national regulations for lead testing and treatment of public water supplies were established in 1991 with the Lead and Copper Rule. The danger in increased reliance on algorithms is that is that the decision-making process becomes oracular: opaque yet unarguable.

To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Given that these systems will be designed by demonstrably imperfect and biased human beings, we are likely to create new and far less visible forms of discrimination and oppression.It’s the reason we’re willing to exchange our hard-earned paychecks for goods and services, to pledge our lives to another person in marriage, and to cast a ballot for someone who will represent our interests. The Law of Unintended Consequences indicates that the increasing layers of societal and technical complexity encoded in algorithms ensure that unforeseen catastrophic events will occur – probably not the ones we were worrying about.

Large doses of lead exposure in adults has been linked to high blood pressure, heart and kidney disease, and reduced fertility. I’m less worried about bad actors prevailing than I am about unintended and unnoticed negative consequences sneaking up on us. Even datasets with billions of pieces of information do not capture the fullness of people’s lives and the diversity of their experiences.

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