Cutting out the Middleman

Music’s evolution from live performances to digital streaming has been shaped by technology, expanding audience reach but often at the cost of artist revenue. With the advent of blockchain-based services like Musicoin, artists can now bypass traditional intermediaries, offering direct access to their music and potentially transforming the industry’s revenue model.

Perfect Price Discrimination

The marketplace has always been a battleground between buyers and sellers. With industrialization, sellers gained an information advantage, leading governments to implement regulations like maximum retail price (MRP) to protect consumers. E-commerce has shifted the balance, offering consumers more price transparency and forcing sellers to adapt. Online shopping leaves a digital trail, allowing sellers to gain insights into consumer behavior and price sensitivity. Sophisticated algorithms are now being developed to achieve “perfect price discrimination,” where each buyer pays exactly what they perceive a product is worth. In this new paradigm, traditional concepts like MRP may become redundant.

When Algorithms Learn to Recognise You

If the use of biometrics like fingerprints and iris scans for identity raises concerns about personal privacy, facial recognition poses a far greater threat. Unlike other biometrics, faces are easily captured, and the lack of regulation and rapid advancement of technology expose individuals to the risk of active surveillance.

Aadhaar: The Fine Balance between Identity and Anonymity

In “Homo Deus”, Yuval Noah Harari suggests that Homo sapiens’ success is due to our unique ability to believe in myths, like nation-states, which unite individuals under a common identity. This concept is crucial in modern society, where identity systems like India’s Aadhaar balance social responsibilities with personal privacy, highlighting the need for privacy laws to maintain this equilibrium.

The Myth of the Average Man

We need to question the concept of “average” human medical standards, such as body temperature given the extent of the individual variations in human biology. There is a need for personalized medical treatment particularly when one considers how wearable technologies could revolutionize healthcare by enabling continuous monitoring and customized care.

The Morality of Technology

Technology is inherently neutral but depending on how it is used it can be either good or bad. This applies to gene editing, drones and even to identity.

The Ethics of Persuasion

In the “attention economy,” businesses compete for user attention through persuasive technologies, leading to a potential technological addiction. There is a need for ethical boundaries in app design that will call for major tech companies agreeing to rewrite rules to discourage addictive persuasion, and aim for a more sustainable approach.

The Great Manure Crisis of 1894

In the 19th century, London faced the Great Manure Crisis, a seemingly insurmountable urban catastrophe. The advent of automobiles resolved the issue within a decade. Might we dare to imaging that the global pollution crisis, might have a similar, as yet unknown technological solutions?

The End of Life

There are ethical and legal complexities with treating terminally ill patients in India. There is a thin and grey line between palliative care and assisted suicide. We need clear legislation regarding living wills and the right to die with dignity.

The Movement of Ideas

There are parallels to be drawn between Martin Luther’s use of printing technology and modern communication technologies. Technology has historically accelerated the dissemination of ideas and we need to adapt that understanding to new mediums like the internet.