Interesting article about #nudge #behavioraleconomics and #socialphysics

What is behavioral? A blog of recent updates to behavioral economics

steadysurveillance

Like clueless guinea pigs

Even the mavens of Silicon Valley are occasionally right. And so: the production, accumulation, and analysis of traces left by the digital devices does produce real benefits. Following the logic of the Peace Dividend – a popular slogan of the early 1990s, which held that decreased military spending would promote economic growth – we can speak of the Surveillance Dividend: the idea that the Internet of Things and Big Data and the inevitable disruption of the entire universe by a handful of Californian start-ups will yield economic abundance, political emancipation, universal prosperity. Thanks to the increased trackability of everything, we can design better, optimize better, govern better, know better. The Surveillance Dividend boosts efficiency. It saves money. It extends lives. Its benefits are real. The right question to ask, then, is not whether the Surveillance Dividend allows us to govern better or know better. No, it’s…

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