Outnumbered: Exploring the Algorithms That Control Our Lives


David Sumpter - 2018
    Using the data they are constantly collecting about where we travel, where we shop, what we buy, and what interests us, they can begin to predict our daily habits, and increasingly we are relinquishing our decision-making to algorithms. Are we giving this up too easily?Without understanding what mathematics can and can't do it is impossible to get a handle on how it is changing our lives. Outnumbered is a journey to the dark side of mathematics, from how it dictates our social media activities to our travel routes. David Sumpter investigates whether mathematics is crossing dangerous lines when it comes to what we can make decisions about.This book will show how math impacts all parts of our lives: from the algorithms that decide whom we interact with to the statistical methods that categorize us as potential criminals. It tests financial algorithms that purport to generate money from nothing, and reveals that we are constantly manipulated by the math used by others, from algorithms choosing the news we hear to automated hospital waiting lists deciding whether we receive treatment.Using interviews with those people working at the cutting edge of mathematical and data research, Outnumbered will explain how math and stats work in the real world, and what we should and shouldn't worry about.

Anthro-Vision: A New Way to See in Business and Life


Gillian Tett - 2021
    Gillian Tett points to anthropology—the study of human culture. Anthropologists learn to get inside the minds of other people, helping them not only to understand other cultures but also to appraise their own environment with fresh perspective as an insider-outsider, gaining lateral vision. Today, anthropologists are more likely to study Amazon warehouses than remote Amazon tribes; they have done research into institutions and companies such as General Motors, Nestlé, Intel, and more, shedding light on practical questions such as how internet users really define themselves; why corporate projects fail; why bank traders miscalculate losses; how companies sell products like pet food and pensions; why pandemic policies succeed (or not). Anthropology makes the familiar seem unfamiliar and vice versa, giving us badly needed three-dimensional perspective in a world where many executives are plagued by tunnel vision, especially in fields like finance and technology. “Fascinating and surprising” (Fareed Zararia, CNN), Anthro-Vision offers a revolutionary new way for understanding the behavior of organizations, individuals, and markets in today’s ever-evolving world.

The Wealth of Humans: Work, Power, and Status in the Twenty-first Century


Ryan Avent - 2016
    Until now.Digital technology is transforming every corner of the economy, fundamentally altering the way things are done, who does them, and what they earn for their efforts. In The Wealth of Humans, Economist editor Ryan Avent brings up-to-the-minute research and reporting to bear on the major economic question of our time: can the modern world manage technological changes every bit as disruptive as those that shook the socioeconomic landscape of the 19th century?Traveling from Shenzhen, to Gothenburg, to Mumbai, to Silicon Valley, Avent investigates the meaning of work in the twenty-first century: how technology is upending time-tested business models and thrusting workers of all kinds into a world wholly unlike that of a generation ago. It's a world in which the relationships between capital and labor and between rich and poor have been overturned.Past revolutions required rewriting the social contract: this one is unlikely to demand anything less. Avent looks to the history of the Industrial Revolution and the work of numerous experts for lessons in reordering society. The future needn't be bleak, but as The Wealth of Humans explains, we can't expect to restructure the world without a wrenching rethinking of what an economy should be.