Twitter Facing Dual Threats – How Will The Platform Respond To Musk And Zatko?

Elon Musk’s legal team has continued to seek ways to allow the tech entrepreneur to back out of his $44 billion deal to buy social media platform Twitter. On Tuesday, Musk’s lawyers filed an additional notice, disclosed to the SEC, which cited allegations made last month by the company’s former security chief Peiter “Mudge” Zatko as additional reasons to terminate the deal.

Twitter must now deal with the threat from Musk, as well as the accusations contained in Zatko’s complaint. Though the accusations made by the two men are not exactly the same, neither are their motives. The social media platform, however, is still facing two separate challenges – and will be forced to respond to each.

The notice filed on Tuesday followed a July 8 that alleged the social media company had failed to comply with its contractual obligations. Musk is now citing claims made by Zatko – who has become known as the “Twitter Whistleblower” – as a justification for backing out of the deal.

“Allegations regarding certain facts, known to Twitter prior to and as of July 8, 2022, but undisclosed to the Musk Parties prior to and at that time, have since come to light that provide additional and distinct bases to terminate the Merger Agreement,” Mike Ringler, Musk’s legal representative, wrote in a letter to Twitter’s legal chief, Vijaya Gadde, CNBC reported.

Twitter’s legal team quickly responded, stating that Musk’s termination case was “invalid and wrongful under” the acquisition agreement.

“It is based solely on statements made by a third party that, as Twitter has previously stated, are riddled with inconsistencies and inaccuracies and lack important context,” the letter written by lawyer William Savitt said. “Contrary to the assertions in your letter, Twitter has breached none of its representations or obligations under the Agreement, and Twitter has not suffered and is not likely to suffer a Company Material Adverse Effect.”

Dual Challenges For Twitter

“It’s hard to say whether either Musk or the whistleblower pose any substantial threat to Twitter at this point,” suggested technology industry analyst Charles King of Pund-IT. That could certainly change in the coming months.

“Heading into Delaware Chancery Court in October the Twitter vs. Elon Musk case is around the corner with both legal teams getting ready for this unprecedented battle around the $44 billion Twitter deal,” explained Dan Ives, managing director of Equity Research at Wedbush Securities, via an email.

“A potentially major development… has been whistleblower case from former security chief and Twitter executive Peiter ‘Mudge’ Zatko which could give Musk a much-needed small victory,” Ives continued.

Musk’s legal team has now subpoenaed Zatko to appear for a deposition in its legal fight against Twitter on September 9th. Zatko alleged in his 200-page whistleblower disclosure that Twitter has serious privacy and security vulnerabilities that could put users at risk, and pose national security risk given the data issues.

“Importantly, Zatko claims that Twitter does not have an accurate count of the number of spam and fake bot accounts on its platform, which will be front and center for the Musk team when they speak to Zatko as this could significantly beef up its claims vs. Twitter,” said Ives.

“There are also a number of other legal back and forths going on in this Twitter case,” Ives noted. “But ultimately the Zatko development and timing is a huge potential win for Musk, which could complicate the Twitter case.”

What Does It Mean For Twitter

Twitter’s board of directors now seems intent on holding Musk to his original agreement – but whether the deal is forced through or not, changes are likely coming to the platform.

“Despite his various protestations, their case looks pretty strong,” King told this reporter. “If Musk is forced to purchase the company, it is probably that he’ll make substantial changes to Twitter’s leadership and management corps but that assumes that the people he’d likely target would still be around. Overall, I believe that many Twitter employees would bail out rather than work for Musk.”

Even if Musk is able to get out of the deal to purchase the platform, Twitter could face future challenges.

“The whistleblower is a different situation,” King continued. “Depending on how his (Zatko’s) testimony to Congress proceeds, Twitter could be required to make substantial changes to the way it manages security and access to users’ accounts.”

That could be seen as a good thing for both the company and its users. “However, that assumes that there is substance to the whistleblower’s complaints,” King also noted, adding, “It isn’t entirely clear at this point.”

Source: Twitter Facing Dual Threats – How Will The Platform Respond To Musk And Zatko?

Critics by By , ,

Twitter has major security problems that pose a threat to its own users’ personal information, to company shareholders, to national security, and to democracy, according to an explosive whistleblower disclosure obtained exclusively by CNN and The Washington Post. The disclosure, sent last month to Congress and federal agencies, paints a picture of a chaotic and reckless environment at a mismanaged company that allows too many of its staff access to the platform’s central controls and most sensitive information without adequate oversight.

It also alleges that some of the company’s senior-most executives have been trying to cover up Twitter’s serious vulnerabilities, and that one or more current employees may be working for a foreign intelligence service. The whistleblower, who has agreed to be publicly identified, is Peiter “Mudge” Zatko, who was previously the company’s head of security, reporting directly to the CEO. Zatko further alleges that Twitter’s leadership has misled its own board and government regulators about its security vulnerabilities, including some that could allegedly open the door to foreign spying or manipulation, hacking and disinformation campaigns.

The whistleblower also alleges Twitter does not reliably delete users’ data after they cancel their accounts, in some cases because the company has lost track of the information, and that it has misled regulators about whether it deletes the data as it is required to do. The whistleblower also says Twitter executives don’t have the resources to fully understand the true number of bots on the platform, and were not motivated to. Bots have recently become central to Elon Musk’s attempts to back out of a $44 billion deal to buy the company (although Twitter denies Musk’s claims).

Zatko was fired by Twitter (TWTR) in January for what the company claims was poor performance. According to Zatko, his public whistleblowing comes after he attempted to flag the security lapses to Twitter (TWTR)’s board and to help Twitter (TWTR) fix years of technical shortcomings and alleged non-compliance with an earlier privacy agreement with the Federal Trade Commission. Zatko is being represented by Whistleblower Aid, the same group that represented Facebook whistleblower Frances Haugen.

John Tye, founder of Whistleblower Aid and Zatko’s lawyer, told CNN that Zatko has not been in contact with Musk, and said Zatko began the whistleblower process before there was any indication of Musk’s involvement with Twitter. After this article was initially published, Alex Spiro, an attorney for Musk, told CNN, “We have already issued a subpoena for Mr. Zatko, and we found his exit and that of other key employees curious in light of what we have been finding.”

CNN sought comment from Twitter on more than 50 specific questions regarding the disclosure. In a statement, a Twitter spokesperson told CNN that security and privacy are both longtime priorities for the company. Twitter also said the company provides clear tools for users to control privacy, ad targeting and data sharing, and added that it has created internal workflows to ensure users know that when they cancel their accounts, Twitter will deactivate the accounts and start a deletion process. Twitter declined to say whether it typically completes the process.

“Mr. Zatko was fired from his senior executive role at Twitter in January 2022 for ineffective leadership and poor performance,” the Twitter spokesperson said. “What we’ve seen so far is a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context. Mr. Zatko’s allegations and opportunistic timing appear designed to capture attention and inflict harm on Twitter, its customers and its shareholders. Security and privacy have long been company-wide priorities at Twitter and will continue to be.”

Some of Zatko’s most damning claims spring from his apparently tense relationship with Parag Agrawal, the company’s former chief technology officer who was made CEO after Jack Dorsey stepped down last November. According to the disclosure, Agrawal and his lieutenants repeatedly discouraged Zatko from providing a full accounting of Twitter’s security problems to the company’s board of directors.

The company’s executive team allegedly instructed Zatko to provide an oral report of his initial findings on the company’s security condition to the board rather than a detailed written account, ordered Zatko to knowingly present cherry-picked and misrepresented data to create the false perception of progress on urgent cybersecurity issues, and went behind Zatko’s back to have a third-party consulting firm’s report scrubbed to hide the true extent of the company’s problems.

The disclosure is generally much kinder to Dorsey, who hired Zatko and whom Zatko believes wanted to see the problems within the company fixed. But it does depict him as extremely disengaged in his final months leading Twitter – so much so that some senior staff even considered the possibility he was sick.

CNN has reached out to Dorsey for comment. A person familiar with Zatko’s tenure at Twitter told CNN the company investigated several claims he brought forward around the time he was fired, and ultimately found them unpersuasive; the person added that Zatko at times lacked understanding of Twitter’s FTC obligations. Zatko believes his firing was in retaliation for his sounding the alarm about the company’s security problems.

The scathing disclosure, which totals around 200 pages, including supporting exhibits – was sent last month to a number of US government agencies and congressional committees, including the Securities and Exchange Commission, the Federal Trade Commission and the Department of Justice. The existence and details of the disclosure have not previously been reported. CNN obtained a copy of the disclosure from a senior Democratic aide on Capitol Hill.

The SEC, DOJ and FTC declined to comment; the Senate Intelligence Committee, which received a copy of the report, is taking the disclosure seriously and is setting a meeting to discuss the allegations, according to Rachel Cohen, a committee spokesperson. Sen. Dick Durbin, who chairs the Senate Judiciary Committee and also received the report, vowed to investigate “and take further steps as needed to get to the bottom of these alarming allegations.”

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Will Europe Force a Facebook Blackout?

Facebook faces trouble in Europe—and Meta wants you to know about it. Every three months since June 2018, the company has used its financial results to warn that it could be forced to stop running Facebook and Instagram across the continent—potentially pulling its apps from millions of people and thousands of businesses—if it can’t send data between the EU and the US.

Whether Meta’s bluffing will become clear soon enough.

Data regulators are on the verge of making a historic ruling in a years-long case, and they are expected to say Facebook’s data transfers across the Atlantic should be blocked. For years, Meta has fought against European privacy activists over how data is sent to the US, with courts ruling multiple times that European data isn’t properly protected and can potentially be snooped on by the NSA and other US intelligence agencies.

While the case focuses on Meta, it has widespread ramifications, potentially impacting thousands of businesses across Europe that rely upon the services of Google, Amazon, Microsoft, and more. At the same time, US and European negotiators are scrambling to finalize a long-awaited new data-sharing deal that will limit what information US intelligence agencies can get their hands on. If negotiators can’t get it right, people’s privacy will remain at risk and billions of dollars of trade will be put in jeopardy.

At the start of July, the Irish Data Protection Commission, Facebook’s main data regulator in Europe, issued a draft decision that would block Meta from sending data across the Atlantic. While the specifics of that draft decision aren’t known, if it is enacted, it could create a Facebook blackout across Europe.

Under the GDPR, Europe’s data law, countries across the continent get 30 days to scrutinize Ireland’s Meta decision and respond with any potential changes or complaints. That time is now up. A spokesperson for the Irish regulator says “some” objections have been received from a “small” number of other countries and it is working to address these. Experts say these are likely to be minor points of law, rather than overturning the entire decision.

So, how likely is it that Meta will actually pull its services from Europe? In reality, the chances are probably pretty slim. Meta has said it has “no desire” to leave the continent, going as far as publishing a blog post titled “Meta Is Absolutely Not Threatening to Leave Europe.” Europe’s 30-plus countries are a large market for Meta, and stopping services, even temporarily, could be costly. (A close comparison is when the company briefly banned news posts in Australia in early 2021, following a row with publishers.) While Meta may not leave Europe, it may have to make changes to how it stores and transfers data once the final decision from the Irish regulator is published, although there is no set timeline. It may also face a fine.

“My guess is that Meta is going to have to look at some form of geo-siloing if they want to continue to operate in the EU,” says Calli Schroeder, global privacy counsel at the Electronic Privacy Information Center, a nonprofit digital rights research organization. Schroeder, who previously worked with companies on international data transfers, says this approach could mean Meta would have to create its own servers and data centers in the EU that aren’t connected to its broader databases.

Harshvardhan Pandit, a computer science research fellow at Trinity College Dublin who is researching the GDPR, says that as data authorities are still considering Meta’s case and a final decision hasn’t been published yet, they could include several caveats or steps that Meta should take to fall in line. For instance, one recent data protection decision in Europe gave a six-month period for a company to make changes to its business.

“I think the most pragmatic solution would be for them to create the European infrastructure, like Google or Amazon, which have quite a few data centers here,” Pandit says, adding that Meta could also introduce more encryption to how it stores data and maximize how much it keeps in the EU. All these measures would be costly, though. Jack Gilbert, director and associate general counsel at Meta, says that the issue “is in the process of being resolved.” Facebook did not respond specifically to questions about its plan to respond to the Irish decision.

European officials have twice ruled that systems put in place to share data between the EU and US don’t properly protect people’s data—the complaints have been ongoing since the early 2010s. European courts ruled that international data-sharing agreements weren’t up to scratch first in 2015 and then again in July 2020, when the Privacy Shield agreement was ruled illegal.

“All that the EU is asking for when organizations transfer data to other countries is to protect that data in line with the GDPR,” says Nader Henein, a research vice president specializing in privacy and data protection at Gartner. “The issue is that laws in the US that protect the data of ‘nonresident aliens’ are woefully insufficient and make it very difficult for organizations like Facebook to comply with local law and the GDPR.”

While Meta is the focus of the most high-profile complaint, it isn’t the only company impacted by a lack of clarity on how companies in Europe can send data to the US. “The data transfer issue is not Meta-specific,” David Wehner, Meta’s chief strategy officer, said in a July earnings call. “It relates to how in general data is transferred for all US and EU companies back and forth to the US.”

googThe impacts of the July 2020 decision to get rid of Privacy Shield are now being felt. Since January of this year, multiple European data regulators have ruled that using Google Analytics, the company’s traffic-monitoring service for websites, falls foul of the GDPR. Danish authorities went even further: Schools can’t use Chromebooks without restrictions being put in place. “There is a ton of legal uncertainty, and there is a significant compliance risk,” says Gabriela Zanfir-Fortuna, vice president of global privacy at Future of Privacy Forum, a nonprofit think tank.

Politicians are well aware of the problems. In March, US president Joe Biden and European Commission president Ursula von der Leyen announced a new Trans-Atlantic Data Privacy Framework, which will change the way data is sent between the EU and US. The deal, which will be introduced by executive order, will limit what data US intelligence agencies can access and will create a new system where Europeans can complain if they think they’ve been illegally spied upon by US agencies.

However, since the deal was announced, no specifics—including any legal texts—have been published. In June, officials said the deal could be published in the coming weeks, but so far, there has been little public progress. The US Department of Commerce says discussions are still taking place, including a meeting between both sides last week. (A European Commission spokesperson says work on the new agreement is ongoing, but they do not have a timeline that can be shared.) The longer the negotiations take, the more blocking orders will drop. “Obviously, if that framework is not complete, we would be in jeopardy of being able to transfer data,” Facebook’s Wehner said earlier this year.

The deal is likely to take a while yet. “Realistically, at this point, we’re looking at a potential adequacy decision for this Trans-Atlantic data transfers framework sometime next year—maybe the first quarter of next year,” Zanfir-Fortuna says. Once the details have been published, EU officials will spend months scrutinizing the specifics to see if they fall in line with court orders.

And they won’t be the only ones pouring over it. Privacy activists and lawyers will also be looking at the agreement and could launch further legal challenges if they find that data moving from Europe to the US still isn’t protected strongly enough. “The continued challenges are not unwarranted, particularly considering the Snowden revelations and the prevalence of Big Tech firms coming out of the US,” Schroeder says. “As a whole, America really needs to make sure we rise to the challenge of showing that we can be good stewards of the industry that we’re trying to be leaders in.”

By:

Source: Will Europe Force a Facebook Blackout? | WIRED UK

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Webcop is a brand new cloud based software that helps you start your own offline agency in practically any local business niches by finding leads and then solving real business problems while making $500 – $2000 per client for you with just a few clicks of your mouse and no technical or marketing experience.

Breakthrough A.I Engine AUTOMATICALLY Scans, Detects, Fixes & Generates Buyer Leads From Websites That Are Unintentionally Breaking Local & International Laws… In 90 Seconds Flat!

WebCop makes it easy to create a 6 figure agency business by ‘copy and pasting’ a single line of code and using a simple web-based app to get paid for helping businesses out with some major legal and compliance issues.

In the details, Webcop Scans your website and automatically detects privacy & lawsuit risks – so you can fix it fast. Then it lets anyone sell this as a service with a single line of code!

How Does It Work?

  • Step 01: Log in to the Webcop widget to generate a short line of code.
  • Step 02: Paste the line of code on any business website to allow visitors to run free website compliance tests.
  • Step 03: The business owner is shown where their website has compliance issues and the software closes the lead for you.

This total done-for-you system will:

  • Hunt desperate leads.
  • Who is already spending huge in the same sector you deal with.
  • Even pitches leads for you
  • No cold calling required
  • No Physical Meetings required
  • Comes with a toolkit for Web Development
  • Comes with a toolkit for Designing
  • Comes with a toolkit for Search Engine Optimization
  • Comes with a toolkit for Video Optimization

And these are just a few benefits of this system. Webcop lets you find leads that will pay you thousands of dollars a month, just to perform tasks that you already know how to do it. Or that you can learn very quickly if you have no experience.

Webcop Includes 11 Legal Compliance Tools For Websites  

  • Lawsuit Website Analyzer

This tool is included inside WebCop and can be used to do a thorough scan of ANY website you choose to look for potential issues that could result in a lawsuit with no installation

With the click of your mouse and just a few seconds, you’ll get instant results from the analysis that reveal potential legal issues that need to be resolved

This visual tool is a great way to show a business owner what their exposure is, and it makes it easy to close the deal and get paid

  • Lawsuit Website Widget

Copy and paste this widget to your Agency website to offer FREE legal and compliance tests to quickly generate leads

This tool automatically scans any website that chooses to run a compliance test for legal and compliance issues

This is a great way to grow your agency because the widget not only finds issues but works to help you close the business and get paid to help them resolve issues

  • Privacy Policy Generator

Surprisingly, many websites don’t have a privacy policy even though it can be an FTC violation that results in a fine

Webcop will quickly identify this and automatically generate a Privacy Policy for any website that doesn’t have one without any hard work required

Attorneys regularly charge $2,000+ for this service, but you can charge less and keep 100% of the profits for yourself

  • Disclaimer Generator

Any website that’s selling anything should have a disclaimer to prevent liability and explain what’s being offered and how everything works

Webcop also offers a module that handles this with ease. Instantly create a perfect disclaimer that will protect the website owner from lawsuits and liability

  • Cookie Consent Generator

If your website uses cookies, you must get consent of visitors per the GDPR and other laws.

This simple tool makes it easy to add this to any client site to avoid sanctions and fines. This is an easy way to charge $500+ with just minutes of simple work

  • Terms And Conditions Generator

A Terms and Conditions page is crucial for any website that collects leads or sells something, but many websites don’t have one. This simple tool makes it easy to add a T&C page to any website online

Attorneys charge hundreds per hours for this, and you can easily do this in minutes with Webcop and charge whatever you want for quick and easy profits

  • Cookie Widget Generator

Many businesses websites are actively looking to add a cookie widget, and this tool inside Webcop does it quickly and efficiently with a few clicks. Quickly create a custom cookies widget to comply with the ePrivacy Directive and GDPR.

This only takes minutes and few clicks with Webcop, and you can charge $500 to $1,000+

  • Return & Refund Policy Generator

Having a return refund policy builds buyer trust, is proven to boost sales, and actually decrease refunds and chargebacks. Unfortunately, creating a legally airtight return and refund policy can be time-consuming and complex

This Return and Refund Policy Generator makes it as easy as entering a few simple details and clicking your mouse to create an airtight Return and Refund Policy for any website so you can get paid high fees

  • ADA Fixer

This simple tool will find any ADA compliance issues with any website and correct those issues quickly and easily.

It normally costs $2,000 to $3,500+ to fix these issues, but Webcop does all the heavy-lifting for you. Charge what you want and keep 100% of the profit

  • SSL Fixer

It’s crucial that a business website uses SSL to protect important client data and to get the best search rankings possible, and this tools finds all SSL issues

Easily fix these issues that can cause visitors to leave a website because it says the site is not secure. Businesses will gladly pay you because this issue alone can cost them thousands of dollars due to bounced traffic

  • Plagiarism Checker

With a single click, Webcop will find any text, image, or video plagiarism on a website, so it can be removed and fines and lawsuits avoided…This is a common issue, and it’s something that can be detrimental to a business. Charge what you want and keep 100% of the profit

WebCop is a cloud based app that Scans, Detects, Fixes & Generates Buyer Leads From Websites That Are Unintentionally Breaking Local & International Laws with a single line of code. You have a Privacy Policy Generator, Cookie Consent Generator, ADA Fixer, Plagiarism Checker and much more. You can get buyer leads by generating a free website legal compliance test and close the leads via an automatic sales funnel. Clients will pay you to make their websites compliant.

The Good News Is Businesses Will Gladly Send You Money To Handle These Important Things For Them. And WebCop App Not Only Finds Websites That Are Breaking The Law Or Non-Compliant. It’s Got A Toolkit With Everything You Need To Fix These Issues In Minutes And Get PAID. WebCop Scans your website and automatically detects privacy & lawsuit risks – so you can fix it fast.

Then it lets anyone sell this as a service with a single line of code. You don’t need any technical skills because the app is easy to use. You don’t need any sales experience because businesses will come to you to help them solve compliance and legal issues with their websites. To start your agency, all you have to do is paste a single line of code and WebCop finds websites that are out of compliance automatically.

Source: Webcop

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The 4 Digital Skills Everyone Will Need For The Future Of Work

Sound unlikely? I don’t think it’s as crazy as it seems, especially when we think of everything that has changed in the last ten years, like social media, artificial intelligence, and automation.

The work human beings do will continue to shift as some jobs become obsolete and new jobs emerge – and the experience and skill set we’ll need in the future look very different from the ones we need today.

Soft skills will grow in importance as the demand for the things machines can’t do continues to increase. However, the ability to understand and work confidently with technology will still be critical. With that in mind, here are four digital skills you need to cultivate to thrive in the new world of work:

Digital Literacy

Digital literally refers to the skills needed to learn, work, and navigate our everyday lives in our increasingly digital world. When we have digital literacy skills, we are able to interact easily and confidently with technology. This means skills like:

● Keeping on top of emerging new technologies

● Understanding what tech is available and how it can be used

● Using digital devices, software, and applications – at work, in educational settings, and in our everyday lives

● Communicating, collaborating, and sharing information with other people using digital tools

● Staying safe and secure in a digital environment

Data Literacy

We’re currently right in the middle of the fourth industrial revolution, a movement that is defined by many waves of new technology that combine digital and physical worlds. For instance, you’ve probably noticed the flood of “smart” everyday devices on the market today, from watches to thermostats that are connected to the internet.

All of that new technology is underpinned by data – and that’s why data literacy is one of the critical skills we’re going to need in the future.

Data literacy means a basic ability to understand the importance of data and how to turn it into insights and value. In a business context, you’ll need to be able to access appropriate data, work with data, find meaning in the numbers, communicate insights to others, and question the data when necessary.

Technical Skills

“Technical skills” is a broad category these days – it’s not just IT and engineering skills that will be needed in the workplace of the future. As the nature of work changes and workflows become more automated, a wide variety of technical skills are still enormously valuable.

In essence, technical skills are the practical or physical skills needed to do a job successfully. Demand for these skills goes far beyond coding, AI, data science, and IT – although admittedly, those skills are indeed in very high demand. If you’re a plumber, you have technical skills. Same for project managers, carpenters, nurses, and truck drivers.

We will need more specific technical skills in every industry as new technologies come on the scene, so you should be prepared to continually learn and focus on professional development through a combination of training, education, and on-the-job training.

Digital Threat Awareness

Cybercriminals are getting smarter and more nefarious as the world becomes more digital. This means new threats that could have enormous impacts on our personal and professional lives.

Digital threat awareness means being aware of the dangers of being online or using digital devices and having the tools you need to keep yourself and your organization safe.

With so many of our activities happening online (from making doctor’s appointments to ordering Friday night takeaway) happening online, our digital footprints are larger than ever.

Digital threat awareness means understanding the biggest threats in our everyday lives, including:

● Digital addiction

● Online privacy and protecting your data

● Password protection

● Cyberbullying

● Digital impersonation

● Phishing

● Data breaches

● Malware, ransomware, and IoT attacks

In general, lowering the risks of these digital threats means we all need to develop a healthier relationship with technology and teach others how to get the most out of tech and have it enrich our lives without being dominated by it.

To stay on top of future trends and future skills, make sure to subscribe to my newsletter and have a look at my new book, Future Skills: The 20 Skills & Competencies Everyone Needs To Succeed In A Digital World. Written for anyone who wants to surf the wave of digital transformation – rather than be drowned by it – the book explores why these vital future skills matter and how to develop them.

Bernard Marr is an internationally best-selling author, popular keynote speaker, futurist, and a strategic business & technology advisor to governments and companies.

Source: The 4 Digital Skills Everyone Will Need For The Future Of Work

Critics by Deloitte

EMERGING technology is reshaping the world of work. Automation is revolutionizing business models, tools, tasks and delivery modes. Workers can already see the transformation happening, as artificial intelligence (AI), robotics and other digital innovations are being used increasingly in the workplace.1 The likely effects of automation are mixed. On the one hand, some jobs are at risk of being fully or partially automated and/ or replaced by robots and AI.

On the other hand, these changes could increase efficiency and access to services. Employers and workers require the necessary digital and soft skills to take advantage of the new opportunities they are expected to face.  However, almost half the population of the EU is considered as lacking basic digital skills3 and one-third of the European citizens reportedly have no or almost no digital skills at all.4 

Approximately 40 per cent of employers are struggling to fill their job vacancies due largely to a lack of necessary skills, while 30 per cent of graduates are working in a job where the competences they acquired at university are not required.5 This skills gap could threaten the stability of the labour market as well as the ability of EU industry to innovate. The challenges of upskilling and reskilling could be imminent for many individuals, businesses and governments.

The dignity, well-being and self-fulfilment of individuals as well as the prosperity of society could depend on it. Within this context, impactful public policies for workers’ inclusiveness are important. In this vein, the involvement of a wide range of stakeholders, including workers, companies, public authorities, education institutions, training providers and social partners6 can be crucial.

The ‘future of skills’ receives considerable attention from governments around the world and stands high on the political agenda of many international organizations. As an example, the EU has adopted an overarching strategy – the New Skills Agenda7 – to tackle a wide range of skills-related challenges. Many of the tools contained in this initiative aim at empowering individuals to develop new skills or to exploit the skills they already have.

Nevertheless, even with the most innovative policies in place and the mobilization of huge public resources,8 the success of any skills strategy depends heavily on the motivation of individuals and their decisions to take a step forward.  Hence, it is of great importance for policymakers and other stakeholders to understand the impact of technological change from the perspective of workers in order to develop effective policy tools to create a future that works for all.

A number of academic studies already shed light on the potential changes in the labour force of the future. This article which presents the opinions of more than 15,000 workers across ten European countries, was designed to contribute to the overall debate by giving voice to the workers themselves and potentially bring them closer to policymakers. This paper provides insights on how the workers surveyed view the impact of new technologies on their work, how they perceive their own preparedness for automation and technological change, and which policy measures they expect from governments and others.

Building on the analysis of workers’ attitudes, the paper concludes with a number of suggestions for further consideration at policy level to address the skills gap and its challenges. Both the EU and national governments aim to close the skills gap and increase digital skills significantly through a wide range of initiatives, one of the most important being vocational education and training. But how do European workers see the need for action in order to equip themselves with all the skills necessary for Industry 4.0?

Even if workers do not perceive a threat of losing their job due to automation, most still expect some changes in the nature of their job and the skills required for it.About 50 per cent of workers surveyed across all sectors believe that automation will give them an opportunity to develop their skills. This is particularly true among respondents with higher levels of education: 57 per cent of those with a university degree hold this view, compared to just 41 per cent of those surveyed with lower educational attainments.

When asked about the expected impact of automation on the nature of their skills, more than 35 per cent of respondents do not think that it will make their current skills outdated, whilst 28 per cent believe that it will. This divergence of opinions may be explained partly by different expectations across occupations.For instance, in the survey results, workers in elementary occupations (e.g. manufacturing labourers, agricultural labourers, etc.11) show a greater tendency to believe that technology will reduce their job opportunities, whereas workers in other occupations tend to disagree with this statement (figure 4).

The expectation among workers that some of their skills may be outdated by technology could influence both the self-perception of their level of preparedness and their motivation to engage in training activiti…

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Bitcoin Is Losing Favor On Darknet Markets

You may ask why it matters to you or the average Bitcoin enthusiast. (You’re presumably an excellent, law abiding citizen — good for you, but that is irrelevant.) Allow me to explain.

The Silk Road

The first major milestone of bitcoin was to be accepted as a form of money. This happened with small obscure merchants at the early stages, but as the word spread, bitcoin found itself as the “official” currency of the darknet, and allowed the creation of a market called “Silk Road.”

Silk Road was a revolutionary online marketplace. Merchants from all around the world could transact from the comfort of their own home, whenever they wanted, and could sell (and customers could buy) whatever they wanted, all with a new form of uncensorable, decentralized and easy-to-use form of money: bitcoin

Bitcoin’s adoption depended on markets like Silk Road to pioneer, and what was special about Silk Road is that it was an almost completely free (as in freedom) market. Free markets are excellent for adoption because they don’t require bureaucracy, permits, regulations or any other form of permission to run. The less permission required, the better a market can function. Therefore, there is more adoption, more merchants and more bitcoin use.

Without markets like Silk Road, bitcoin’s adoption is at risk, and the network is not as efficient as it could be. The importance of Silk Road in Bitcoin’s history is, without a doubt, massive since it pioneered bitcoin’s use as a medium of exchange, and still remains the biggest bitcoin goods and services marketplace in history.

Now that you have a decent idea on why such markets are so important, I’ll do my best to explain why bitcoin is not used there anymore.

The Concept Of Fungibility And Why It Matters

According to the Merriam-Webster dictionary, fungible means “being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account.” This is untrue of bitcoin.

Each coin has its own history, and that history may be accounted for when a user tries to use his coins. That history could also lead to the user getting in trouble when using/holding coins that were used in a criminal manner, for example drug trade or an exchange hack.

In darknet markets, privacy is of high importance. Sellers and buyers want to protect their privacy in order to guarantee their safety when transacting. Law enforcement is not too kind to these types of markets and constantly monitors the websites and merchants for privacy leaks.

By default, bitcoin has weak privacy, and therefore is not fungible. Data and metadata from the Bitcoin timechain can be linked together with off-chain data to form solid evidence against a defendant in court. There have been cases that relied on bitcoin’s lack of privacy as conclusive evidence of what the government sees as “wrong-doing.” Naturally, darknet markets were looking for solutions.

Should Bitcoin developers add privacy via hard fork or would a soft fork be sufficient? Should privacy be on the application level rather than on the protocol level?

The truth is that most people, especially the administrators and merchants of darknet markets, do not care. They just want privacy. That’s one of the reasons bitcoin is losing darknet market share to other cryptocurrencies that have figured this out already.Does one bitcoin always equal one bitcoin?

tumblers

Competition

Unlike other sectors, there is a lot of competition in darknet markets, especially when it comes to methods of transacting. Markets rise and fall and so do the payment methods used in them. Prior to 2015, bitcoin used to hold most of the market share in darknet markets, followed only by fiat currency.

After the fall of many markets and their vendors because of bitcoin’s privacy flaws and bad operational security, the use of bitcoin was starting to drop. Other cryptocurrencies, like monero, started to emerge on darknet markets because they better fit the use case. They had something that bitcoin does not, privacy by default.

In retrospect, bitcoin’s focus on being a store of value overlapped with the development of the required privacy for darknet market use.

Enhancing Bitcoin’s Privacy

Still, there are many attempts at enhancing bitcoin’s privacy, and I’ll do my best to list the most prominent of them:

Tumblers

Custodial tumblers were an early solution to bitcoin’s lack of privacy. There will usually be a centralized server that gathers bitcoin from customers and dispenses them randomly to unlink the customer from the bitcoin they sent.

Those have multiple flaws and massive third-party risks, and they are also often honeypots set up by law enforcement to catch dirty bitcoin and surveil on users.

There’s also tumbling with services that are not aware of it: This is a long process where the user will mix their bitcoin with other users’ bitcoin by sending funds to exchanges, online casinos and other sites that hold a large amount of bitcoin. This has the same flaws as custodial mixers.

CoinJoin

A CoinJoin is a collaborative transaction that combines users’ coins in order to create a large anonymity set for them. This increases the privacy of all participants.This is by far the most effective method for privacy on Bitcoin and has been used heavily on darknet markets as well as outside of them.

This one is a very important tool in the tech stack of a Bitcoiner, and I encourage you to learn about it and use it. There are also “fake” CoinJoins who leverage heuristics to confuse on-chain analysis into believing a transaction made by only one person is actually an elaborate CoinJoin.

Stealth Addresses

Bitcoin stealth addresses, prominently BIP47, introduced a way to have a stealth, reusable address that only discloses the real address of the user when a notification transaction was made.

This creates a new Bitcoin address for each user you connect with to ensure privacy. This was never widely used in darknet markets, but it’s decent tech nonetheless and a personal favorite of mine.

The Lightning Network

The Lightning Network is a Bitcoin Layer 2 with a focus on providing fast, cheap and arguably private payments with instant settlement. Currently, the privacy on Lightning is great for senders, partially solving Bitcoin’s fungibility issue on-chain.

Unfortunately, Lightning has privacy flaws when it comes to receiving money. For instance, the receiver needs to provide his “channel point” when creating an invoice. A channel point is the UTXO on the blockchain that is used to back the channel with on-chain bitcoin; that means that the sender can view the receiver’s on-chain transaction history.alpari3-768x185-1-1-1-1

Merchants, especially in environments such as darknet markets are looking for simplicity, something that Lightning doesn’t currently provide. Arguably, the reasons above are why Lightning is not currently integrated into any darknet market. There’s also a concern with the complications that come with running a Lightning node as a merchant.

There is some room for optimism though, as there are currently teams that are working on enhancing both the receiver’s and sender’s privacy, as well as the user experience issues mentioned above. This could potentially make it much more attractive to darknet markets in the future.

What Can We Do To Fix This?

I can not stress enough how important it is that we have decent privacy on Bitcoin that everyone can take advantage of. The solution is within Bitcoin’s culture and community. There are app-level privacy upgrades that can be standardized to improve overall privacy on the network.

CoinJoins of all sorts, stealth address solutions like silent payments and BIP47, and encouraging users to run their own node and use non-custodial and open-source software where they can.

When transacting, make sure it’s peer-to-peer and not through an exchange or other intermediary. Never use a custodial wallet — you can not ensure your privacy if you count on a third party to take care of it for you. Also, when acquiring bitcoin make sure to use a non-KYC (know-your-customer) exchange. Otherwise, your data and privacy could be at risk.

My advice is to do your own research and make sure to take every precaution when using bitcoin to ensure your own privacy.

The more people that use bitcoin privately, the better privacy everyone gets, and the more likely it is that bitcoin will emerge again as the prominent currency of the darknet markets, and consequently of other markets too. This is a guest post by Wildsnow. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc. or Bitcoin Magazine.Wildsnow

Source: Bitcoin Is Losing Favor On Darknet Markets – Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

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