Big Data Challenges: Society, Security, Innovation and by Anno Bunnik, Anthony Cawley, Michael Mulqueen, Andrej

By Anno Bunnik, Anthony Cawley, Michael Mulqueen, Andrej Zwitter

This e-book brings jointly a powerful diversity of educational and intelligence specialist views to interrogate the social, moral and defense upheavals in a global more and more pushed through information. Written in a transparent and available variety, it deals clean insights to the deep achieving implications of massive facts for conversation, privateness and organisational decision-making. It seeks to demystify advancements round sizeable information earlier than comparing their present and certain destiny implications for parts as varied as company innovation, legislation enforcement, facts technology, journalism, and meals safeguard. The individuals demand a rethinking of the criminal, moral and philosophical frameworks that tell the tasks and behaviours of country, company, institutional and person actors in a extra networked, data-centric society. In doing so, the ebook addresses the genuine global hazards, possibilities and possibilities of massive Data.

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Even if, in philosophical terms, it might be difficult to ground and defend institutional moral agency (for example, due a corporate actor’s incapability to feel pain and punishment and due to a lack of capability to empathy), these pragmatic reasons show why one also needs to think in terms of institutional moral agency. Pragmatism has another effect: since actors in international relations behave as though states in particular, but increasingly also non-state corporate actors, have moral agency, this belief creates in essence behaviour that can only be explained if one incorporates such a constructed corporate moral agency into one’s ontology.

It is not only the scale and availability of equipment, however, that change the landscape, but the nature of human–computer interaction itself, and the information archive that this interaction creates. DIVIDUATION, SURVEILLANCE, AND THE PERSON In his brief but seminal Postscript on the Societies of Control, Gilles Deleuze highlights what he sees as a fundamental shift in the locus of control in information societies. Whereas the earlier disciplinary societies functioned by enclosing people in spaces, schools, factories, army barracks, or prisons, Deleuze argues that the information society exerts its control in a new way, by dividuation (1992).

In the so-called ‘Flash Crash’ in 2010, 10 % was wiped off the stock market in a matter of minutes. This loss was fuelled by high frequency trading firms using automated tools. Automated orders can trigger extreme price swings. The interaction of these automatic orders with other high-frequency automated software means that liquidity can quickly be eroded. There is an incomplete understanding of the mechanics of how commodities in stock markets and derivatives markets interact. Should we just trust the DBNs to behave sensibly in all situations?

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