156 | Catherine D’Ignazio on Data, Objectivity, and Bias
Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
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Data as New Oil: A Double-Edged Sword
This chapter explores the metaphor of data as the new oil, analyzing its extractive nature and ethical implications in a corporate context. It discusses the societal impacts of data centralization, biases in data algorithms, and the need for historical context in data modeling to combat systemic inequalities. The conversation raises critical questions about who benefits from the data economy and the inherent risks of treating data as a purely objective resource.
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