Trust in the Digital Age: Why It Matters Now More Than Ever

Trust is fundamental to almost every action, relationship, and transaction in society, but we live in an era when technology is rapidly changing who and how we trust. The trust we used to place in traditional institutions such as governments, banks, media, and charities has hit an all-time low, and trust now flows horizontally through systems and networks that are as likely to be populated by programs and bots as by our fellow human beings. Rachel Botsman, author of Who Can You Trust?, will discuss the impacts of technology on trust - which society needs to survive and thrive, and needs now more than ever.
Speakers: Rachel Botsman

[@Anna_Swamy_Nageshwar]

Trust is an ability to invest under uncertainty. If the society or people are transparent then you do need a trust, it does not mean that the society is not trustworthy, indeed the society is more trustworthy. We trust wire transfer because it has more transparency.

[@susysilvia4037]

Thank you Rachel

[@Anna_Swamy_Nageshwar]

If the system has more transparency, then you do need a trust to bridge the gap, just you need formal rules. It means the society is more trustworthy.

[@Anna_Swamy_Nageshwar]

The last conclusion is not entirely true, we trust ATM machines more than the human cashier in the bank. We trust people who make decisions without deliberation, I guess we use the same logic in machines as well. It all boils down to the machines just replicating what is in the culture and what kind of society we are in.

[@TheBlackClockOfTime]

Real smart to mix up politics into talking about trust.