Saturday, December 31, 2016

Media, Corporations and Democracy

Robert Reich has posted another excellent video, this one entitled "Trump and the Media." In it he outlines how Trump is using power, the law and public opinion to undermine the media and consolidate his own power. Many of my friends and colleagues have responded to this thoughtful analysis with a big "So what?!" They point out that the media has always been biased, that it's never been truly independent, that it's all owned by a couple of corporations and none of them can be trusted. So what's the big deal?

This is fallacious reasoning for three reasons.  First, no matter how bad the media gets, it doesn't make it any more or less important for our communities, our society and our Republic. And second, just because they are biased, not independent and privately owned, does not mean that they MUST be undeserving of our trust. And finally, by generalizing and giving up, we may actually be making matters worse for the few remaining journalists, editors and publishers out there who are still fulfilling their public mission. Cynicism about the media is not the same as skepticism.

Wednesday, December 28, 2016

Automation and the Future of Work

My mother sent me this TedX video of David Autor, an MIT Professor of Economics.  It's great.  I highly recommend it. Here is his paper on the subject offering even more detail.  

The impact of technology is all around us and just seems to accelerate leaving entire generations in lower-paid, less skilled jobs than they had only 30 years ago.  This chart clearly shows waves of losses and gains in US employment by sector between 1940 and 2010.

Saturday, December 24, 2016

More on the Facebook Fake News Story

Finally we have John Herrman's post from the Times that gets to the root of the "Fake News" story.   He gets it right and summarizes it better than I did in this previous post.  There are really three problems, the first of which is simply the nature of the World Wide Web and the Internet, which, like any truly global market, is practically unregulated in important ways.  Not much we can do about fake news here.  The second problem is user-generated content published on Facebook which are and will remain un-curated, the responsibility of Facebook users, much of it populated with ridiculous and unsubstantiated opinion and outright lies.  It'll be impossible for Facebook to be the arbiter of truth in this domain either.