Massive moral corruption of the rich

Massive moral corruption of the rich

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Interoperable Data To Fuel Human Capital Hedge Funds

“An influential network of economists and billionaire-backed foundations have laid out this nefarious plan for a futures market in human capital data with the help of complicit academics and think tanks. They did it piece by piece, so gradually that few realize the dangers that loom on the horizon. Sitting in oak-paneled rooms and minimalist C-Suites, these change agents bask in entitlement, gloating over the fact that people today needing services (including education) must submit to invasive tracking.

Their profit will be derived from speculation on the debt associated with “processing” children through “evidence-based” interventions, not unlike value chains associated with car parts, soybeans, and smartphones. Children will be triaged and risk-scored through an ever more tightly woven network of digital monitoring.

Interoperable data warehouses are needed for hedge fund managers to run their commodities futures game. That, in fact, is where the real money is to be made.”

Read in full at Wrench In The Gears by Alison McDowell: https://lnkd.in/gXCbPne

#ImpactInvesting #HumanCapital #BigData #HedgeFunds