The American dream is built on the notion that the U.S. is a meritocracy. Americans believe success in life and business can be earned by anyone willing to put in the hard work necessary to achieve it, or so they say.
Thus, Americans commonly believe that those who are successful deserve to be so and those who aren’t are equally deserving of their fate – despite growing evidence that widening inequalities in income, wealth, laborand genderplay a major role in who makes it and who doesn’t.
And this very fact – that Americans believe their society is a meritocracy – is the biggest threat to equality, particularly when it comes to gender, as research by myself and others shows.
Just a few decades ago it was unthinkable that a computer could ever be as smart as a human. But in 1996, the super-computer Deep Blue beat world champion Gary Kasparov in chess, and in early 2017 Google’s AlphaGo defeated the best human player in Go. In his fascinating new book Homo Deus, Yuval Harari argues that the combination of big data and self-improving algorithms will soon outsmart humans entirely and make human decision-making obsolete. Even today, it just takes 150 Facebook likes for psychometrics software such as Cambridge Analyticato know your needs, fears and hopes better than your parents do, and just over 300 likes for such software to know you better than you know yourself. All based on analyzing your likes against Millions of other likes and profiles. No wonder the Trump campaign made effective use of that software last year to better target their voters. But this is just the beginning: Recently, researchers from Wits University in Johannesburg, South Africa, were able for the first time to directly link a human brain to the Internet – creating the first ever ‘Brainternet’. Based on increased connectivity, smart algorithms may soon be able to monitor and analyze all our biological functions, thoughts, interactions, and purchases, and know much better what we want and what makes us happy than we do. Harari argues that in the end humans may delegate all important decisions – choices of careers, partners and places to live – to algorithms that exceed our brain capacity manifold. So will big data algorithms eventually control our lives?
Greetings, dear Americans! As our new President appears and promises to change this system and make America great again, it’s time we look at one of the things he could do to really make America great, and it’s in his specialty, business.
We live in a world burdened by large-scale problems that refuse to go away: the refugee crisis; terrorism; rising sea levels; frequent floods, droughts and wildfires; not to mention persistent inequality and violation of basic human rights across the world.
What do these problems have in common? They resist any simple solution. In policy research they are called “wicked.” This is because cause-effect relations are complex and solutions unclear; many of these problems are urgent, yet there is no central authority to solve them; their magnitude is often hard to estimate; and those trying to solve them may even contribute to causing them.
One of the big themes in the current presidential race is how decades of free trade have dealt a heavy blow to the American worker as millions of jobs were shipped overseas to take advantage of cheap labor.
It’s approaching three years since hurricane Sandy killed over 230 people in 8 countries, and wreaked havoc on the New York-New Jersey region – and put climate adaptation firmly on the national agenda. Sandy, which disrupted at least 450,000 businesses in New York and New Jersey, illustrated how cascading impacts not only damage property but also disrupt businesses for extended periods of time, due to the interaction of power and communication outages, infrastructure damage, and supply chain disruptions. These complex interactions were not adequately understood or anticipated. The reinsurance company Munich Re has estimated insured losses at $25 billion and total losses of at least $50 billion in the US from Sandy. Looking to the future, the 2011 Mass Climate Adaptation report notes that: “Sea level rise of 0.65 meters (26 inches) in Boston by 2050 could damage assets worth an estimated $463 billion”. Cities and states have begun to devote significant resources to planning for sea level rise, more frequent and intense storms, and more intense heat and drought. In one design-for-climate-change scenario, Boston would be transformed into an American Venice.
Many scholars around the world are getting ready for the 2016 conference season. In our digital age, where email, texting and video chat have become the primary means of communication, conferences remain an important nexus for face-to-face scholarly exchange, networking, career-making and innovation. Being located in Boston, but having important networks in Europe (and being a passionate traveler), I typically attend at least three conferences in the U.S., Europe or elsewhere every year. Whereas I take frequent conferencing for granted, I know that many of my colleagues, especially from the Southern Hemisphere, for example Brazil and South Africa, barely make it to one conference per year and often skip the conference season entirely. By comparison, Indian and Chinese scholars for example increasingly participate in the global conference circuit. What explains this divide? And what can be done to counter it?
A panel on Gender, International Development and Management was hosted on October 23 at UMass Boston as part of the Academy of International Business US-Northeast conference, including panelists Banu Ozkazanc-Pan (UMass Boston College of Management), Kade Finoff (UMass Boston College of Liberal Arts, Economics Department), Cynthia Enloe (Clark University, Worcester) and Deborah Jones (Victoria University of Wellington, New Zealand) with Alessia Contu (UMass Boston College of Management) as the moderator.
The discussion began with Alessia Contu noting that any conversation about gender lands up with an all-female panel, and stating that it is important how scholars teach gender to their students. Some excerpts follow:
(Question)Alessia Contu: What does it mean to think about gender seriously in political economy?
Banu Ozkazanc-Pan : Gender is the complex interaction between biological sex, identity and perception of gender role/gender expression. It’s not just about women! “Genderblind” does not relate to gender-neutral outcomes. It’s like when students conduct a SWOT analysis of a company, there are assumptions being made about gender in business all the time. Who’s going to benefit from a cost-effective workforce? What are the real gender consequences of those decisions? What we research, practice and teach about international management needs to include all those. Continue reading →