social contract 2020 v3short - Boston Global Forum

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Social Contract 2020 Prof. Alex Pentland, MIT Advisor American Bar Association Board, Global Partnership Sustainable Development Data (UN) copyright alex pentland 2019 all rights reserved

Transcript of social contract 2020 v3short - Boston Global Forum

Page 1: social contract 2020 v3short - Boston Global Forum

Social Contract 2020Prof. Alex Pentland, MIT Advisor American Bar AssociationBoard, Global Partnership Sustainable Development Data (UN)

copyright alex pentland 2019 all rights reserved

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why is a new social contract required?

Data, along with Labor and Capital, is now the foundation of our society

copyright alex pentland 2019 all rights reserved

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MIT Trust Data Alliancedata insights across multiple private databases with minimum risk

“this will change everything” UN Secretary General’s Office

Copyright 2019 Alex Pentland all rights reserved

European Union Presidency Opening Keynote Speech

• federated data with distributed query• blockchain-based data control• analytics on encrypted data

Participants in trust.mit.edu alliance

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Social Contract 2020

1. Ownership Rights and Security2. Governance and Social Fabric:

Transparency, Responsibility3. Digital Economy and Social Structure:

Sustainability & Jobs 4. Collective Action in Changing World

copyright alex pentland 2019 all rights reserved

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1. Ownership Rights and Security

Treat data more like money: tracked and audited continuously

Privacy is a special type of security

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key insights:

share answers not data

log everything for auditing

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1 day

# #

fairness and correctness requirefull, continuous auditability

opalproject.orgCopyright alex pentland 2019

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law.mit.edu

•Computational Law Reportalliance of dozen law schools and civil organizations

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2. Governance and Social Fabric: Transparency & Accountability

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OPAL System: Open Algorithms for Transparency and Accountability

• Cross organization/ vertical sharing

• Privacy, consent, accountability

• Regulatory & compliance• New incentive models

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addressing unemployment

abdullah almaatouq, alex pentlandCopyright media lab 2019 all rights reserved

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Copyright alex pentland 2019 all rights reserved Kai Chong , Mohsen Bahrami, alex pentland

diversity GDP growth

diversity predicts local GDP growthreduction in diversity predicts neighborhood crime

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UN data revolution & sustainable development goals

Copyright media lab 2016, all rights reservedCopyright media lab 2016, all rights reserved

Copyright media lab 2016, all rights reserved

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3. Digital Economy and Social Structure

Sustainability: when transaction costs go to zero, economy becomes unstable, resulting in global winner-take-all

Social investment (health, education, infrastructure) is tied location and companies, so insufficient investment

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ordinal tax: promotes local investment and innovation

Lera, Pentland 2019copyright alex pentland 2019 all rights reserved

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Social Contract 2020

1. Ownership Rights and Security2. Digital Economy and Social Structure:

Sustainability & Jobs3. Governance and Social Fabric:

Transparency, Responsibility 4. Collective Action in Changing World

copyright alex pentland 2019 all rights reserved