In October, Stefan Ingves, the governor of Sweden’s central bank, Riksbank, wrote in an economic note on the future of payments that a digital currency issued by the authority would be an “evolution, not revolution” in the way people use money.
In August 2020, Mathias Melendez, 22, from San Antonio, Texas, stumbled upon a Facebook ad of Life.Church Online, the cyberchurch of the American evangelical multi-site church Life Church.
162 million people, or 30% of the workforce, across the US and the EU-15 countries are gig workers. In 2018, the total spending on the gig economy around the world reached a staggering $4.5 trillion. Meanwhile in the US, 80% of large companies are planning to switch to a “flexible workforce”.
Four years ago, Frank Pasquale, Professor of Law at Brooklyn Law School, catalyzed a debate over algorithmic and corporate power with the publication of his highly acclaimed and highly critical book, The Black Box Society: The Secret Algorithms That Control Money.