The Sunday Brew #2
Blue Wedding @Twitter, Digital Rupee & Big Tech-Big Government Surveillance
Your weekly brew made up of top stories, key events and some great insights; slow roated & served hot!
In this week’s brew:
Rupee going Digital: Pilot launch of Digital Rupee in Wholesale Segment
Big Tech - Big Government Surveillance: Leaked document shoing DHS policing of social media
Week’s Topic
Consumer Psychology - I share, therefore I know?
The Blue Wedding
November started as a free season on tech jobs. Almost all big tech have slashed jobs and freezed recruitments, but there was none as ‘bluedy’ as Elon sacking almost half of the Twitter workforce. In the GoT lingo, it truely was a blue wedding.
Independent is live tracking the developments, so this is good place to read on if you want to keep a tab.
Rupee Going Digital
When the bank which is regulating the currency and banking for 1.4 billion people makes a move, you take notice. Reserve Bank of India in past couple of years (post pandemic & war in Ukraine) has finally turned a few plans in to action which has been marrinating for quite sometime. Two primary things you should be keeping your eyes on are, their intent towards internationalization of rupee, and the pilot of Digital Rupee for wholesale segment.
Big Tech - Big Government Surveillance
Survellience saga and information control by superpower on its civilians continues. While big tech & big government are hand in glove to keep close watch on people, is no surprise in itself; the extent they would go to do it still manages to shock us.
Lee Fang dropped this story in The Intercept on DHS’s plan to police disinformation and how the tech companies like facebook are more than happy to cooperate.
WEEK’S TOPIC
I share, therefore I know?
A very interesting research articles published in the Journal of Consumer Psychology, which studied an interesting phenomenon of subjective feeling of being knowledgable by sharing information on social media even without reading them.
It is incredible how fundamentally insecure our brain is and the level it would stoop, to gain validation and reassure itself. Social media is messing with it big time, by giving it simple ways to massage its own bloated ego.
Found this article published in July becuase Ethan shared it on twitter (in a bid to feel knowledgable?) and now I am sending it your way (definitely feeling knowledgable!).
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