Month: May 2019

Return on Data

an interesting new way of thinking of privacy law.

Consumers routinely supply personal data to technology companies in exchange for services. Yet, the relationship between the utility (U) consumers gain and the data (D) they supply — “return on data” (ROD) — remains largely unexplored. Expressed as a ratio, ROD = U / D. While lawmakers strongly advocate protecting consumer privacy, they tend to overlook ROD. Are the benefits of the services enjoyed by consumers, such as social networking and predictive search, commensurate with the value of the data extracted from them? How can consumers compare competing data-for-services deals? Currently, the legal frameworks regulating these transactions, including privacy law, aim primarily to protect personal data. They treat data protection as a standalone issue, distinct from the benefits which consumers receive. This article suggests that privacy concerns should not be viewed in isolation, but as part of ROD. Just as companies can quantify return on investment (ROI) to optimize investment decisions, consumers should be able to assess ROD in order to better spend and invest personal data. Making data-for-services transactions more transparent will enable consumers to evaluate the merits of these deals, negotiate their terms and make more informed decisions. Pivoting from the privacy paradigm to ROD will both incentivize data-driven service providers to offer consumers higher ROD, as well as create opportunities for new market entrants.

Google to Grab

As for me, I am personally privileged to be Head of Engineering for Data Insights: Our Ads business, Personalization and Segmentation Platforms, User Data Platform, and all of Grab’s online databases and operational data stores… which sounds pretty impressive until you realize that the Ads engineering department consists of Scott. Heya, Scott. I kid, I kid; there are others but you get the idea; we’re still a startup, and everyone is doing so much with so little. It keeps us from getting complacent. I’ve got teams in Ho Chi Minh City, Jakarta, Singapore and Seattle, and the company has placed so much faith in us that we move heaven and earth to get things done. It’s not easy. Grab definitely isn’t for everyone in the US. In Seattle we’re 16 timezones removed from Singapore, so their mornings are our evenings and we have to sacrifice a lot in order to be effective. Many of us basically live in Singapore time, and we’re often in conference calls until midnight to 2am. But it’s worth it. Being at Grab is a privilege. After meeting Siti I know that more than ever before. What is happening here is a phenomenal, generational, once-in-a-lifetime opportunity, and I am forever grateful and humbled to be a part of this incredible team, helping change the lives of 650 million wonderful people. It’s on us to make it happen.

Virtual Angkor

a groundbreaking collaboration between Virtual History Specialists, Archaeologists and Historians designed to bring the Cambodian metropolis of Angkor to life. Built for the classroom, it has been created to take students into a 3D world and to use this simulation to ask questions about Angkor’s place in larger networks of trade and diplomacy, its experience with climate variability and the structure of power and kingship that underpinned the city.

see also

the colossal, densely populated cities would have constituted the largest empire on earth at the time of its peak in the 12th century.

DigiDoug

The debut of DigiDoug, a 3D digital twin rendered in real-time in incredible detail. The current 160 ms time lag will shrink with each turn of Moore’s Law. See a supercool demo of the deepfake future, today.

Idaho deregulatory polity

Something rather remarkable just happened in Idaho. The state legislature opted to—in essence—repeal the entire state regulatory code. The cause may have been dysfunction across legislative chambers, but the result is serendipitous. A new governor is presented with an unprecedented opportunity to repeal an outdated and burdensome regulatory code and replace it with a more streamlined and sensible set of rules. Other states should be paying close attention

as of jan 2020, they’ve cut regulations by 40%.