Bloomberg Opinion Profile picture
Feb 1 9 tweets 4 min read
Today you can be identified by an array of digital representations of your face via technology applications, which will soon scan the faces of U.S. citizens who want to manage their taxes online with the Internal Revenue Service trib.al/cZHOMM8
On the surface, these services are simple, but the number of companies processing faceprints is also growing.

This raises some hard questions about how we want to be identified — and even classified — in the future trib.al/qoArEiC A picture of a man getting his face scanned by an electronic
A way to imagine today’s complex web of facial recognition vendors is to think of the Internet as being like The National Portrait Gallery in London.

The public portraits freely on display are like the billions of photos people post on social media trib.al/qoArEiC
Several U.S. states including Maryland and Georgia recently tapped Apple to store state IDs and drivers licenses on their citizens’ iPhones.

People’s faces are converted into faceprints, a digital representation that looks like a string of numbers trib.al/qoArEiC A picture of hands holding a mobile phone.
Different companies have different faceprints for the same people, in the same way your fingerprints remain constant but the inky stamp they make will always be slightly different.

Some companies have varying degrees of ownership over the data trib.al/qoArEiC
Soon, the IRS will require Americans to ditch their login credentials for its website and verify themselves with an ID.me faceprint to manage their tax records online trib.al/qoArEiC A picture of digital squares around people's faces in a crow
What happens when more companies start processing and storing our faces over time?

It’s not inconceivable that some of them will start sharing facial data with others to be analyzed, in the way ad networks exchange reams of personal data for ad-targeting trib.al/qoArEiC
What happens when your faceprint becomes another way to analyze emotion? Or makes you a target of fraudsters?

Growth of these databases raises some of the same risks that came with passwords — of identities being forged or stolen trib.al/qoArEiC
Facial recognition has blundered in the past, and personal data has been mined unscrupulously, too.

With the facial-recognition market growing in funding and entrants, the array of gatekeepers will get harder to keep track of, let alone understand trib.al/qoArEiC

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More from @bopinion

Jan 31
If TikTok videos are an indicator of what’s trending, the beauty trend known as “slugging” has gone mainstream.

Over 100 million viewers have watched clips describing the practice, which involves going to bed at night with your face slathered in Vaseline trib.al/DFjxRAH
The chemist Robert Augustus Chesebrough is pleased to see that another generation has rediscovered the wonder-working powers of Vaseline, his beloved invention.

This gelatinous substance has been a staple in a range of beauty treatments trib.al/G7wBxcC A picture of petroleum jelly product in a container.
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At as little as $5 apiece, rapid antigen tests have become the frontline tool for governments and institutions to quickly check whether a person may be infected with Covid-19 trib.al/i1474MK
The process is simple: Stick the provided cotton swab up each nostril until you meet resistance, twirl it a few times, and swirl the tip in a small tube of liquid before putting a few drops onto a test strip.

Then wait around 15 minutes for the lines trib.al/1rtTK2t A picture of boxes of rapid...
It’s taken time for governments to accept rapid antigen Covid tests in full.

Their reticence is understandable because RATs aren’t as sensitive as RT-PCR tests, meaning that a positive case may not always be picked up trib.al/1rtTK2t
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Jan 28
We’re already fighting the next global health emergency: Growing antimicrobial resistance (AMR).

Common ailments such as UTIs and sepsis are increasingly able to tough out the drugs developed against them. Some develop into superbugs that defy treatment trib.al/Z4TUOmz
Antimicrobials is the catch-all term for the many antibiotics, antivirals, antifungals and other drugs that prevent infections in:

🙆🏽Humans
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Pathogens naturally develop resistance to antimicrobials as they evolve, but thanks to an overuse of antibiotics and other conditions, the speed of such resistance has become a major global health issue trib.al/Z4TUOmz
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Jan 28
During each recession for the last 40 years, a sizable number of men — more than women — have left the labor force and not come back

So far, this has been true for the Covid pandemic , despite rising wages and the best job market in decades trib.al/2Ql0F7u
The male prime-age labor force participation rate — the share of men aged 25 to 54 who are either working or looking for work — has fallen over the years from 96% in 1970 to about 89% in 2020 before the pandemic trib.al/gi8P7HM A man working at a computer desk in an office cubicle.
Less-educated men are the most likely to drop out of the workforce.

The rate of prime-age male high school graduates in the labor force is still 1.37 percentage points lower than before Covid. Only 84% of men without college degrees are in the labor force trib.al/gi8P7HM
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Jan 27
Bitcoin enthusiasts are facing a crucial test in the wake of the token’s 50% plunge from an all-time high.

At 4 p.m. ET, @roybahat is going live on @TwitterSpaces to discuss the week in crypto with @olgakharif, @skominers and @nirkaissar
twitter.com/i/spaces/1gqxv…
Mass adoption of crypto has arrived. We're now at the point where we know the underlying technology is going to be transformative.

"To me, this feels like the mid to late 1990s...Now the bets are starting to pile up about who the winners are going to be," says @nirkaissar
This crypto wave has captured the public imagination, says @skominers.

Read his latest on NFTs here: bloomberg.com/opinion/articl…
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Jan 27
It’s official: Americans are paying up for their favorite goods.

December saw the biggest 12-month gain in inflation since 1982. Procter & Gamble raised its sales outlook for the year to the end of June on the back of higher prices trib.al/ftA3lQJ
Consumers clearly aren’t balking at having to pay more for their groceries.

P&G said that so far, they were reacting to price increases more favorably than in the past.

Instead of pulling in the purse strings, consumers are trading up trib.al/9GGkW7e A picture of a male custome...
A little inflation is good for manufacturers and retailers alike. The value of sales expands, and consumers get used to paying more at the check-out counter.

It’s a problem when price rises grow rampant trib.al/9GGkW7e
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