Weapons of Math Destruction: How big data increases inequality and threatens democracy by Cathy O’Neil (2016)
This is a MUST READ book. Actually, buy it and actively share. Some of you may know about how computerized algorithms have caused chaos and massive profits in the financial sector — and crashes. Some of you may have been adversely impacted by computerized credit risk calculations. It is due to a math algorithm that airlines are able to juggle the price-fixing of their airplane tickets so you can never plan or know what the price for any given run or airline might be, making it tedious in the extreme for consumers to get the best price for any flight, other than you know that if you have to go somewhere last minute you will be screwed. The author is a genius at math in my opinion and a darn good writer. This book addresses some of the ways that we are being harmed by the use for math in ways that are destructive to us and commerce and our nation.
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