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2018 | OriginalPaper | Chapter

18. Plebocracy Bias

Authors : Sofie Blakstad, Robert Allen

Published in: FinTech Revolution

Publisher: Springer International Publishing

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Abstract

Post-truth. Information bubbles. Echo chamber. Confirmation bias. We’ve all heard a lot about these phenomena recently, but they’re not new. Opinion, regardless of whether it’s founded on fact, has always influenced apparently impartial decision-makers, often unfairly disadvantaging individuals and organisations. We explore the failings of traditional and contemporary reputation systems and why platforms have created so many opportunities for bias, together with the fundamentals of human psychology and globalisation that have created the conditions for this to happen. We present some of the results and responses to this and an outline of how the challenges can be addressed with new approaches to reputation.

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previous chapter Career as Microservices—Reputation-Based Skill Validation

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Title: Plebocracy Bias
Authors: Sofie Blakstad
Robert Allen
Publisher: Springer International Publishing
Book: FinTech Revolution
Print ISBN: 978-3-319-76013-1

Electronic ISBN: 978-3-319-76014-8

Copyright Year: 2018
DOI: https://doi.org/10.1007/978-3-319-76014-8_18