4 ms·

.. which is why a government guaranteed insurance with good overall coverage is necessary. severe market defects in health care furthermore make dictated prices

.. which is why a government guaranteed insurance with good overall coverage is necessary. severe market defects in health care furthermore make dictated prices for services/prescriptions necessary. Adjusting Obamacare for that you end up with the Swiss system - still expensive bur at least effective and IMO fair. Thinking about it, increasing information asymmetry due to machine learning applied to marketing may make heavy regulations necessary in most other sectors as well. Imagine software that tracks every person and figures out what they need when, identifies a monopoly of opportunity for any given good and them jacks up the price just for that person individually - in real time, while the person walks up to it. Maybe that's how capitalism ends. Slavery 2.0.

specialist 9y ago
"Imagine software that tracks every person and figures out what they need when..." aka the status quo. People are profiting from my data. I want my cut. Screw privacy. I want my cut. Any one storing or using my data for any reason owes me money. Sell my address to a direct mail campaign. I want my cut. Need my health history for some longitudinal study that may ultimately save lives. Awesome. Pay me. Use my purchase history to recommend a new pair of shoes or sell ads. Woot! Pay me. Micro target my snowflake demographic for targeted political agitprop (aka campaigning). That's worth at least $50. Pay me.
- m_mueller 9y ago
  Have you looked at the BAT project? Seems to me that something along these lines could bring such a vision closer. As in, your browser blocks tracking / identification by default (integrated TOR?). Sites can offer you a bit of tokens if you agree to share your identity / if you let them track what you're looking at. It's a bit of an extension of what BAT aims for, but I think their vision goes in such a direction. I could see such a thing taking hold, just like AdBlock Plus and co. have become a thing that advertisers / publishers need to work around.
  - specialist 9y ago
    Do you mean Basic Attention Token? https://basicattentiontoken.org https://basicattentiontoken.org Looks interesting. Thank you.
    - m_mueller 9y ago
      Yep, that's the one. Disclaimer: I hold some of those ;).

specialist 9y ago

"Imagine software that tracks every person and figures out what they need when..." aka the status quo. People are profiting from my data. I want my cut. Screw privacy. I want my cut. Any one storing or using my data for any reason owes me money. Sell my address to a direct mail campaign. I want my cut. Need my health history for some longitudinal study that may ultimately save lives. Awesome. Pay me. Use my purchase history to recommend a new pair of shoes or sell ads. Woot! Pay me. Micro target my snowflake demographic for targeted political agitprop (aka campaigning). That's worth at least $50. Pay me.

m_mueller 9y ago
Have you looked at the BAT project? Seems to me that something along these lines could bring such a vision closer. As in, your browser blocks tracking / identification by default (integrated TOR?). Sites can offer you a bit of tokens if you agree to share your identity / if you let them track what you're looking at. It's a bit of an extension of what BAT aims for, but I think their vision goes in such a direction. I could see such a thing taking hold, just like AdBlock Plus and co. have become a thing that advertisers / publishers need to work around.
- specialist 9y ago
  Do you mean Basic Attention Token? https://basicattentiontoken.org https://basicattentiontoken.org Looks interesting. Thank you.
  - m_mueller 9y ago
    Yep, that's the one. Disclaimer: I hold some of those ;).