Marion Fourcade from the University of California Berkeley will give a talk on the topic “Faust in the Digital Era.” The talk takes place on March 21, 2018, from 4-6 PM in 135 Goodwin Hall. The talk is tailored to appeal to both students and faculty, with plenty of time for discussion and interaction with the guest speaker. You are cordially invited to attend.
Here is the abstract of the talk: The modern digital economy is built upon an implicit Faustian bargain: companies provide online services for free, and individuals ‘pay’ them back by signing intrusive terms of service that provide access to their personal data. The data is then refined and recombined to sort individuals into marketing niches, skill sets, rankings and reputations, and more. It is used for price discrimination, product differentiation, and the distribution of financial and symbolic rewards and penalties. This presentation will provide an overview of these new sorting processes, and of their existing and potential consequences for how we think about inequality in today’s society.