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Theorising the Interplay of Images, Data and Power from Military and Platform Perspectives

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Source: Dreamstime.com

Since the creation of man and objects several years ago by God, the world has been awash with different forms of data collected, analysed, used, and transformed into different values by man. In all the stages expected for sourcing and transforming data, some individuals and organisations dominate the stages because of the types of power they have. In this piece, our analyst uses Images of the World and the Inscription of War, a 1989 film by Harun Farocki that presents a free-associative cinematic view on technology, perception, and morality, and a recent article by Anne MacKenzie and Anna Munster on how digital platforms curate and display images to users for an examination of the interplay of images, data, and power on digital platforms.

While Farocki leverages the military as the main actor in how various images during World War II were collected, transformed, and utilised, MacKenzie and Munster use digital platforms to establish how technological devices and architecture are assisting platforms in today’s data curation from users and reorganise the data in ways to reveal different perceptions from the users. MacKenzie and Munster argue that digital platforms create “image ensembles,” which are assemblages of images that are organised by algorithms and displayed to users based on their preferences and behaviours. In both contexts, there are similarities and differences in the existing power imbalance as well as ideologies.

In the film, the military and state have different functions. The power of the military is primarily represented through the images of tanks, soldiers, and military operations, which is evident in the opening sequence of the film, which shows tanks moving across the water and barren landscape, accompanied by the sound of their engines and the clanging of metal. The soldiers are shown in uniform, carrying weapons, and executing military manoeuvre with precision. However, the possible attention expected from the inhabitants of the land, watching the military officers while walking and moving their artillery, is synonymous with the “platform seeing’ concept proposed by MacKenzie and Munster, which refers to how users interact with images on digital platforms, such as scrolling, clicking, liking, and sharing. The authors note that this type of seeing is characterised by “invisualities,” which are ways in which certain images and perspectives are rendered invisible or marginalised by the platform’s algorithms.

The marginalisation could be further situated within the film’s power of the state, which is denoted through the images of government officials and bureaucratic institutions such as SS War Industries, commandants house, registration building, military headquarters, execution wall, gas chamber, medical experiment blocks, and penal barracks, which are expected to perform certain tasks with precision, like what is expected of Google’s, Facebook’s, and Amazon’s algorithms in today’s digital world.

Through the use of symbols and propaganda, ideology’s power is portrayed, which encourages soldiers to embrace state ideology and view their adversaries as evil. The forceful inculcation of state ideology, as the film exemplifies, is in tandem with the authors’ views about platform seeing as “blind seeing,” which influences algorithmic invisibilities and biases of platforms. As the authors posit, ideological power has already established a power differential among military officers and between the military and the state. On the other hand, the invisibilities and biases on digital platforms are reinforcing power structures and social inequalities between the owners and the users in today’s digital world.

Since the film and article demonstrate how those who hold the powers use different approaches to convey their ideas or messages to the inhabitants of the land (during the war) and the users, objectivity is hard to find in the images they handpicked. For example, in the film, the make-up for the women before photography represents a misrepresentation of ‘truth’.

Meanwhile, the dominance of ‘visual’ and the sense of ‘seeing’ in navigating the world today lies in the ability to use optics, cameras, screens, and artificial intelligence (AI), which has enabled humans to see objects and phenomena that are too small or far away to be seen with the naked eye. However, the dominance of visual perception is not universal across cultures, and some cultures may prioritise different forms of sensory perception or ways of knowing.

Some of the techniques and technologies used in the film for image curation and transformation into valuable data raised ethical and social questions about the use and control of visual information during the war. For instance, drawing and filming the nakedness of women raises stigmatisation and subjugation issues. In today’s world, this is also worth thinking about as platforms continue their aggressive deployment of artificial intelligence for data curation and commodification. We have seen how digital platforms helped the virality of users’ spreading the nudity of another user through AI.

Government’s Plan to Disburse $800m World Bank Loan to “Poor” Nigeria will Worsen Inflation – Yemi Kale

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Nigerian naira banknotes are seen in this picture illustration, September 10, 2018. REUTERS/Afolabi Sotunde/File Photo

Former head of the Nigerian Bureau of Statistics (NBS), Dr. Yemi Kale, has voiced his concern over the federal government’s move to secure a $800 million World Bank loan to be disbursed among poor Nigerians.

Kale, who is now a partner, Chief Economist, and Head of Research at KPMG Nigeria, said the move may compound the nation’s inflation.

The move by the federal government to secure additional loan days before President Muhammadu Buhari leaves office is facing heavy backlash.

The Socio-Economic Rights and Accountability Project (SERAP) , among other concerned Nigerians, has asked the World Bank to decline the loan request as Buhari has no justification for seeking the loan. The non-governmental organization said there is a transparency concern to be addressed and asked the World Bank to wait on the incoming administration.

Kale’s statement came on the heels of a report by the NBS that headline inflation has climbed 22.22% in April.

Also, the budget office lamented last week that Nigeria now has a limited borrowing space due to its poor debt-to-revenue ratio, which will spell trouble for the country if it exceeds its limits.

Against this backdrop, Kale said borrowing $800 million to be disbursed among 10 million poorest households in the country will further stoke inflation.

Buhari had approached the Senate, seeking approval for the loan which he said will be disbursed to cushion the effect of fuel subsidy removal, previously scheduled for June, 2023.

Kale said that besides exacerbating Nigeria’s public debt stock, another challenge with the loan will be how to properly identify the 10 million households.

“Minus the obvious debt issue and the inevitable challenges with properly determining, targeting, and disbursing to the 10 million “poorest” households, this could worsen inflation. Why not more non-cash-based palliatives? Eg., tech-based transport vouchers or health/education support, etc,” he said.

Given how the Central Bank of Nigeria has consistently raised interest rate in the past months, Kale said it is now obvious that the country’s inflation is not driven by demand but by the cost of transportation.

“Both inflation and the money supply appear to have been unaffected by MPR since September 2021. Rather, inflation has surged and the money supply is unbothered, suggesting the drivers of inflation are not demand. Seems to be more transport cost-driven. We are just increasing finance costs and squeezing growth,” he said.

The former Statistician-General of Nigeria advised the government to deploy the fund to issue tech-based transport vouchers to Nigerians or use the fund for education or health support rather than distributing cash.

There is concern that the loan, if approved, will never reach the “poorest” Nigerian households as claimed by the federal government as it will be diverted by corrupt government officials.

OpenAI’s Altman Faces Senate Hearing As US Lawmakers Push to Regulate AI

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US Senators will on Tuesday interview OpenAI CEO Sam Altman as part of the government’s move to provide regulatory policies around the burgeoning AI technology taking the world by storm.

The “perils and promise” of artificial intelligence has remained a big subject around its growth. Altman will testify before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law, as growing concern propels Congress to grill the founder in his first public congressional hearing.

Following the launch of OpenAI’s ChatGPT 3 late last year, and the unveiling of Google’s Bard, pressure has been mounting on the government to provide regulatory framework that will rein in the excesses of AI.

Cofounder of OpenAI, Elon Musk, said the technology poses a threat to humanity and may be the end of civilization. The US concern is centered mainly on AI’s ability to sway voters as the presidential election draws near and its ability to take jobs away as adoption by tech companies grows.

With the growing concern, the government is trying to understand the technology to make adequate rules. Altman is also expected to give a closed-door briefing to House members about AI in addition to his testimony before the Senate on Tuesday.

The hearing also has Christina Montgomery, IBM’s top official for privacy and trust, and New York University professor emeritus Gary Marcus, as witnesses.

Senate Majority Leader Chuck Schumer, D-N.Y., said weeks ago he is working on a regulatory blueprint amid calls by several members of the House and Senate to develop rules that govern AI.

Fox News reported that members of the subcommittee have made it clear over the last week that they want to learn more about AI to make sure it’s used safely and responsibly. The top Republican on the subcommittee, Sen. Josh Hawley, R-Mo., told Fox News Digital on Monday that he’s worried about what role AI could play in the upcoming election cycle.

“We’ve got to understand the reach of AI and its significance. I mean, I want to know, are we going to be able to have free, open and honest elections in this country going forward? Or is AI going to control the information that we’re able to get as voters that basically we’re going to be spoon-fed everything by some algorithm and the people who control it?” Hawley asked.

He is also worried that besides its tendency to take jobs, AI could deepen abuse of children using the internet.

“I want to understand better what it means for work,” Hawley said. “I mean, does this mean that that AI soon is going to be replacing workers – particularly I’m concerned about blue-collar workers – and gobbling up jobs that ought to go to our workers in this country?

“This idea that we can just trust the Big Tech companies to do the right thing is laughable. I mean, we’ve seen that with social media now. ‘Just trust us,’ they’ve been saying for years while they’ve been poisoning our kids with their imagery, with representations of suicide, leading them toward drug abuse,” Hawley added.

Fox also quoted Subcommittee Chair Sen. Richard Blumenthal, D-Conn., saying that “Artificial intelligence urgently needs rules and safeguards to address its immense promise and pitfalls.”

“This hearing begins our subcommittee’s work in overseeing and illuminating AI’s advanced algorithms and powerful technology. I look forward to working with my colleagues as we explore sensible standards and principles to help us navigate this uncharted territory,” Blumenthal added.

Sen. Marsha Blackburn, R-Tenn., another member of the subcommittee, was quoted as saying that she plans to ask Altman about AI’s effect on content creators, specifically the music industry.

“One issue that is top of mind for Tennesseans is how generative AI is impacting the entertainment industry, especially songwriters and musicians. The content creators who call Tennessee home should be able to decide if their copyrighted songs, images, and art can be used to train AI models, or if their voice and likeness can be used,” Blackburn said in an emailed statement.

“I plan to ask Altman about how he plans to protect content creators as he develops his AI products. We know Big Tech platforms like YouTube take copyrighted content with no real hesitation – we need to make sure that OpenAI and other AI platforms don’t do that,” she said.

The hearing underlines the fact that, unlike its European counterparts, the US is yet to catch up on Ai technology to make sound regulatory rules – even though it poses immediate threats that need to be urgently addressed.

The 27 EU nations had two years ago proposed the Western world’s first AI Act, but are now considering whether to extend the rules to emerging features like chatbots.

Understanding NFT Staking

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NFT staking is a new way to earn passive income from your non-fungible tokens (NFTs) while keeping ownership of them. NFTs are unique digital assets that can represent anything from art and collectibles to gaming items and virtual land. NFTs have gained popularity in recent years as a way to create and trade digital scarcity and authenticity on the blockchain.

However, holding NFTs can also be costly and risky. You may have to pay high fees to mint, buy or sell them, especially on the Ethereum network. You may also face uncertainty about the future value of your NFTs, as they depend on the demand and supply of the market. Moreover, you may not be able to use your NFTs for anything else besides displaying them in your wallet or gallery.

This is where NFT staking comes in. NFT staking allows you to lock up your NFTs on a platform or protocol that offers rewards and benefits for doing so. By staking your NFTs, you can earn passive income in the form of cryptocurrency or NFT tokens while maintaining ownership of your collection. Some platforms or protocols may also offer other perks, such as governance rights, exclusive access or enhanced features.

How does NFT staking work?

The process of staking NFTs is similar to staking cryptocurrencies, where you deposit your coins or tokens into a smart contract or a pool and receive rewards for securing the network or providing liquidity. However, not all NFTs are eligible for staking. You need to find a platform or protocol that supports the specific type of NFT that you own.

To participate in NFT staking, you need to own an NFT that is eligible for staking. Not all NFTs qualify for staking, so you need to check with the specific project or platform to see if they support your asset. Once you have an eligible NFT, you can stake it by holding it in a platform that allows staking. The platform will usually have a web3 wallet that you can connect to your NFT wallet.

For example, if you own an NFT from Bored Ape Yacht Club (BAYC), a popular collection of 10,000 unique ape avatars, you can stake it on Binance NFT PowerStation, a platform that allows you to earn BNB rewards by staking various NFTs. Alternatively, if you own an NFT from Polychain Monsters, a collection of 1000 digital monsters with different attributes and rarities, you can stake it on their own platform and earn their native token POLY.

The amount and frequency of rewards will vary depending on the project or platform. Some platforms may offer fixed rewards, while others may have variable rewards based on supply and demand. Some platforms may also have different tiers of rewards based on the rarity or quality of the NFTs staked.

One thing to remember is that staking your NFTs may involve locking them up for a specific time. This means you won’t be able to sell or transfer them during that time. The length of the lock-up period will vary depending on the project or platform, so be sure to check with the specific project or platform to see how long your NFTs will be locked up.

The rewards and benefits of staking NFTs vary depending on the platform or protocol that you choose. Some factors that may affect the rewards are:

  • The rarity and value of your NFT

  • The duration and frequency of your staking

  • The demand and supply of the reward token

  • The total amount of NFTs staked on the platform

  • The rules and conditions of the platform

Before staking your NFTs, you should do your own research and understand the risks involved. Some of the risks are:

Losing access to your NFTs while they are staked.

Losing your rewards if the platform gets hacked or exploited.

Losing your NFTs if the platform gets shut down or discontinued.

Losing value of your NFTs if the market crashes or changes.

Losing compatibility of your NFTs if the platform upgrades or migrates.

NFT staking is an exciting and innovative way to utilize your digital assets and generate passive income from them. However, it is not without its challenges and uncertainties. You should always weigh the pros and cons of staking your NFTs and make informed decisions based on your own goals and preferences.

SEC Striving on crafting Frameworks for Crypto Regulation

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The SEC is pushing forward with its agenda to regulate the securities industry more effectively, especially in areas where new practices and products are emerging. I will discuss some of the recent proposals and actions by the SEC that aim to enhance disclosure and investor protection, as well as address some of the challenges and opportunities that SPACs and other shell companies face in the current market environment.

Just recently Coinbase Inc sued the SEC for lack of clarity on classifications of digital assets and crypto regulations in general. However, SEC in a tweet said the agency is in no rush to regulate the industry as it is still finding more resource ways and frameworks to guide crypto regulations.

One of the most notable developments is the SEC’s proposal to adopt new rules and amendments that would apply to IPOs by SPACs and de-SPACs, which are business combination transactions between SPACs and private operating companies. The SEC’s proposal, which was announced on March 30, 2022, would require additional disclosures about SPAC sponsors, conflicts of interest, sources of dilution, fairness of transactions, and projections made by SPACs and their target companies. The proposal would also align the financial statements required for de-SPACs with those required for traditional IPOs and clarify the status of SPACs under the Investment Company Act of 1940.

The SEC’s proposal reflects its concern that SPACs may pose significant risks to investors due to information asymmetries, fraud, and conflicts of interest. The SEC also believes that SPACs may be used as an alternative means to conduct an IPO without providing investors with the same level of protection and transparency that they receive from traditional IPOs. The SEC’s proposal is open for public comment for 60 days following publication on the SEC’s website or 30 days following publication in the Federal Register, whichever period is longer.

Another area where the SEC is pushing forward with regulation is the use of digital engagement practices (DEPs) by online brokers and investment advisers. DEPs are features or practices that use behavioral prompts, differential marketing, gamification, or other design elements to influence customer behavior on digital platforms. The SEC has expressed concern that DEPs may create conflicts of interest, mislead investors, or induce excessive trading or risk-taking.

The SEC has issued a request for information and public comment on DEPs, which was published on November 4, 2021. The SEC is seeking input on various aspects of DEPs, such as their prevalence, benefits, risks, disclosure practices, and regulatory implications. The comment period for this request will end on January 18, 2022.

The SEC is also actively pursuing enforcement actions against entities that violate securities laws or regulations in emerging areas such as cryptocurrencies and cybersecurity. For example, on December 22, 2021, the SEC charged a cryptocurrency platform and its founder with operating an unregistered securities exchange and defrauding investors.

The SEC alleged that the platform offered trading in digital asset securities without registering with the SEC or operating under an exemption from registration. The SEC also alleged that the platform misrepresented its compliance status, security measures, and trading volume to investors. The SEC is seeking permanent injunctions, disgorgement plus prejudgment interest, civil penalties, and other relief against the defendants.

The SEC’s enforcement actions demonstrate its willingness to use its authority to protect investors from fraud and misconduct in new and evolving areas of the securities industry. The SEC has also indicated that it will pursue high-impact cases that send a clear message to market participants about its expectations and priorities.

The SEC’s push for regulation in these areas reflects its recognition of the rapid changes and innovations that are occurring in the securities industry. The SEC’s proposals and actions aim to balance the need for investor protection with the promotion of capital formation and market efficiency.

However, they also pose significant challenges and uncertainties for market participants who may have to adapt to new rules and standards or face potential liability or sanctions. Therefore, it is important for market participants to stay informed of the SEC’s regulatory developments and initiatives, and to seek legal advice when necessary.