Algorithms are biased and the Grammys are rigged
Also: Don't feel comforted by IBM or Intel's surprise upside earnings
Our Substack experiment is 90 days young. Based on your feedback, we think this platform’s a keeper. So feel free to react/engage here (instead of with the links on fb, LinkedIn, Twitter 🙃), and share freely with anyone you think might be interested. For now, content is open to all. Going forward, more in-depth pieces will be available just for subscribers.
Now let’s talk about IBM and Intel’s upside earnings…
IBM’s first positive quarter in 18 months is a tenuous reprieve at best if future growth depends on multi-billion-dollar growth-company acquisitions. Because there just aren't that many left
Intel has been printing money in its basement for decades. The truer tell here is that the board still can’t seem to pick successful leaders. Because (update 1/31:) the company’s missteps continue to mount
TODAY IN…
DEEP TECH:
Preach Rosaria Silipo: “AI models are empty, neutral machines. They will acquire a bias when trained with biased data” … Related: Want to learn more about algorithm bias?
This is smart: 5 hot infrastructure and operations trends — and 4 going cold
MEDIA & TELECOM:
Netflix erodes its own credibility
Comcast officially adopts the Apple model: Margins on broadband subs far outweigh those of video subs. This quarter is a net gain.
Tea time: Ousted Grammys chief calls her removal retaliation for exposing ‘boys’ club’ of sexual harassment and voting improprieties … See also:
HEALTHCARE TECH:
Here we go: GE medical equipment gets FDA cybersecurity warning
Zero mystery here. This is what happens when doctors go from small business owners (private practice) to employees (corporate hospitals)
FINANCE:
The Pete Buttigieg rule (i.e. How can we look good but keep all-white-male boards?): Goldman won't take companies public without at least one diverse board candidate
Institutional investors still prefer North America‘s risk profile
PUBLIC POLICY:
This is huge. SEC loosens NYSE/Nasdaq grip on rival exchanges
NIST lays out its enterprise risk-management guidance: protecting sensitive data, clarifying privacy, and more
Uber is letting California airport drivers charge 5X its typical rates; they blame the government
And finally. Cue the locusts…