Surveillance companies assure us that they employ safeguards to ensure that their customers aren't abusing their products to engage in unlawful or unethical surveillance. And yet, inevitably, these companies abuse their tools THEMSELVES.

1/

It's almost as though being the kind of person who dreams of achieving incredible wealthy by spying on people makes you kind of an asshole.

2/
Like the people at @VerkadaHQ, "a fast-growing Silicon Valley surveillance startup" whose male employees used its own products to sexually harass their female colleagues and received the barest wrist-slaps for it.

https://t.co/rsAEcXzhHu

3/
Male Verkada employees maintained a private Slack channel where executives posted photos of female employees - captured with the company's own surveillance tools - and made sexually explicit remarks about them.

4/
When this came to light, the company's founder and CEO Filip Kaliszan called an all-hands meeting, expressed disappointment in the harassers, and told them that they could either quit...or lose some stock options. They chose the latter and remain employed there to this day.

5/
The company is valued at $1.6b and employees 400 people, selling "machine vision security cameras with cloud-software, including dome cameras, fisheye lenses, and footage viewing stations."

6/
The only guarantee we have that this ballooning surveillance arm-dealer isn't supplying dictators and gangsters is its forbearance - the ethical sensibilities of its senior execs.

(Oh well).

7/
Verkada isn't alone in being a creepy company run by creeps. Recall Facemash, Mark Zuckerberg's prototype for Facebook, was created to nonconsensually rate the suitability of his female Harvard classmates for sexual congress.

https://t.co/IBs1kcw6hP

8/
And remember LOVEINT, the NSA's cutesy codeword for the illegal use of its mass-surveillance tools by male spies to stalk women using the awesome power of the US intelligence apparatus.

https://t.co/B5hnK1ZYil

9/
I met my wife at a Nokia conference in Helsinki over midsummer in 2003. The organizers quartered us all at the Hotel Torni, a building notorious for having served as KGB headquarters during the "Agreement of Friendship, Cooperation, and Mutual Assistance" with the USSR.

10/
The Torni had a plaque on the ground floor commemorating the building's history, noting that when the 12-story building was renovated after the KGB left, they found 20km of wiretapping wires in the walls.

11/
Because while each KGB agent was nominally charged with surveilling the Finns and other potential threats to Soviet hegemony, their primary targets were each other.

There is no honor among creeps.

Cryteria (modified)
https://t.co/ICebVcdH1f

CC BY:
https://t.co/5YJhpDj3vT

eof/

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I’m torn on how to approach the idea of luck. I’m the first to admit that I am one of the luckiest people on the planet. To be born into a prosperous American family in 1960 with smart parents is to start life on third base. The odds against my very existence are astronomical.


I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.

In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.

So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.

Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.