Investing General Discussion

Blazin said:

New Widget on Summary fidelity page!
View attachment 333267

Please don't make fun of the fact I gained in a year what you guys gain in a day, I lack diamond hands.

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Blazin said:

New Widget on Summary fidelity page!
View attachment 333267

Please don't make fun of the fact I gained in a year what you guys gain in a day, I lack diamond hands.

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Sanrith Descartes said:

Why CCVU jumped in the pre-market

Churchill Capital Corp V Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing February 5, 2021

Churchill Capital Corp V (the "Company" or "Churchill") announced that commencing February 5, 2021, holders of the units sold in the Company's initial public offering of 50,000,000 units may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A...

finance.yahoo.com

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Sanrith Descartes said:

Funny how privacy only matters when your employer is making sure you are doing your job and not fucking off.

AMZN



'Dystopia Prime:' Amazon AI van cameras spark surveillance concerns
REUTERS 9:22 AM ET 2/5/2021
Symbol Last Price Change
AMZN 3331up 0 (0%)
QUOTES AS OF 04:00:00 PM ET 02/04/2021
* Amazon(AMZN) is rolling out AI-enabled surveillence cameras in its delivery vans

* Drivers and privacy advocates say the company is building a massive mobile surveillance system

* Although the system is billed to improve driver saftey, some worry it is more about exerting control

By Avi Asher-Schapiro

BERLIN, Feb 5 (Thomson Reuters Foundation) - Amazon.com Inc's(AMZN) announcement this week that it would be rolling out AI-powered cameras in its branded delivery vans for safety has drawn criticism from privacy advocates and workers concerned with being subjected to surveillance on the job.

The world's largest e-commerce firm said the cameras, which are developed by transportation technology company Netradyne, would improve safety of both drivers and the communities in which they deliver.

But employees like Henry Search, a 22-year-old delivery driver in Washington state, said they saw cameras capturing their work day as an "invasion of privacy".

"We are out here working all day, trying our best already," Search told the Thomson Reuters Foundation in a phone interview. "The cameras are just another way to control us."

Privacy advocates warned that equipping Amazon's(AMZN) fleet of about 30,000 delivery vehicles with AI cameras could set a dangerous precedent for privacy.

"This appears to be the largest expansion of corporate surveillance in human history," said Evan Greer, deputy director of tech nonprofit Fight for the Future. "If this becomes the norm, we are talking about the extinction of human privacy."

Amazon (AMZN) has come under scrutiny in the past for accidents involving delivery drivers.

A company spokeswoman said in emailed comments that "this technology will provide drivers real-time alerts to help them stay safe when they are on the road."

In an instructional video about the cameras, Amazon's(AMZN) senior manager for last-mile safety Karolina Haraldsdottir said cameras will record 100% of the time, but are not set up to livestream from inside of vans.

They will detect unsafe driving, including when drivers appear distracted or drowsy, she explained, adding that the footage could be used by the company's safety team, or in investigations of theft or accidents.

But Greer said that safety issues could be addressed by slowing the pace of work. "The first thing they (Amazon(AMZN)) should do to improve safety would be not have such outrageous delivery quotas that force people into unsafe conditions," she said.

Another driver in Massachusetts, who asked not to use his name to protect his identity, said he would welcome a camera displayed outside his van to record evidence for any accident.

"But a camera on my face all the time, I don't see how that keeps me safe - it's too much," he said in a phone interview, noting that drivers already use an app called Mentor that tracks the location and movements of the vehicle.


DATA USE

Haraldsdottir said that "only a limited set of authorized people" would have access to driver footage from the cameras.

But some drivers worried Amazon(AMZN) might sell or share the footage with third parties, or use the cameras to monitor their performance on the job.

"The footage recorded could be shared with a future possible employer who can then decide to reject you before even knowing you," said one driver from Michigan who asked not to give his full name.

Although he enjoys doing deliveries for Amazon(AMZN), he said he is currently looking for other work because he does not want to be subjected to surveillance.

Rights activists say Amazon(AMZN) already has an extensive surveillance system in its warehouses to track workers' movements and boost productivity, including navigation software, item scanners, wristbands, thermal cameras and recorded footage.

"There are no laws in place to meaningfully limit what Amazon(AMZN) can do with the footage they collect," said Greer, noting that other surveillance products, such as the Ring doorbell camera system, can share footage with police departments.

'DYSTOPIA PRIME'

Surveillance experts say that the privacy implications of Amazon's(AMZN) camera network for delivery vans extend far beyond drivers.

Andrew Ferguson, a professor of law at D.C.'s American University, said Amazon's(AMZN) private surveillance networks would further entrench the snooping powers of government.

"While the inclination to use AI technology to enhance driver safety is commendable, the failure to think about the privacy and surveillance issues and equities is troubling," he said.

While police may not have direct access to the footage, authorities will be able to access it in the course of an investigation, expanding the reach of police surveillance, Ferguson explained.

Last June, Amazon(AMZN) announced a one-year moratorium on police use of its facial recognition software, following criticism that the technology reinforced racial bias.

"Amazon(AMZN) is quite literally building mobile surveillance vans to film our neighborhoods, something that we would be rightly horrified about if our government did it," Ferguson said. "I don't think we want to join dystopia prime."

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Indyocracy said:

So like PSTH I am going to just have my CCV.U stock split into CCV and the warrants Right? Do I need to round to 4 again heh?

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Hateyou said:

Oh man that’s a cool widget.

I got 42.12% on my fidelity account
47.46% on 401k.

I had a much better year than it felt like I had.

Also I have no idea how I beat Sanrith Descartes and Blazin rate. All I do is swing trade, nothing else.

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Sanrith Descartes said:

Sold my CCVU for a quick 15% gain. I will let it cool down and circle back on the shares when they drop.

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Tmac said:

When they drop back to +/-$10?

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