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I recently contributed an essay to the always-excellent Literary Review of Canada, which is out in the April issue and is one of the contributions that they have put online so you can read it in its entirety for free here, you lucky people. It's a review of an essay collection called "The Reputation Society", edited by Hassan Massum and Mark Tovey. Unfortunately I didn't like the book much. The concluding paragraph of my review is this:
There is a need for inventive and serious thought about the issues of reputation and trust in an increasingly digital world. Our social and commercial interactions will be increasingly mediated by large-scale software systems, and we need ideas about how best to design, navigate and regulate these systems. Unfortunately, by avoiding real-world cases and thorny problems, The Reputation Society provides no answers.
My starting point for the review, although it's not explicit in the essay, is that information asymmetry is at the heart of anything to do with trust, reputation, and the market; and despite what some optimists claim, sheer volume of opinions does not solve the problem. Recently, I even deleted this paragraph from the Wikipedia article on Information Asymmetry:
Although information … Continue reading