The Toll on the ‘Cleaners’ of the Social Media Content Moderation Industry
"... in extreme cases, some moderators have even become addicted to the graphic content they are required to moderate."
"... in extreme cases, some moderators have even become addicted to the graphic content they are required to moderate."
"... we continue to see Americans lose jobs at a pace that is far beyond anything we have ever seen before in all of U.S. history."
"Uber CEO Dara Khosrowshahi, who was granted a $45M earnings package in 2018, announced he will also waive his $1M base salary for the remainder of the year."
"... two-thirds of the study respondents were not saving enough for retirement, while almost 9 out of 10 didn’t have a financial plan."
Forty-two percent of workers experiencing recent layoffs will suffer permanent job losses, according to estimates in an NBER paper.
"... businesses all over America are not going to be able to “return to normal” if millions upon millions of workers simply do not want to work."
"...when the costs are being counted, there’ll surely be little left in the piggy bank to fund a UBI."
"...we have lost 710 jobs for every confirmed US death from COVID-19..."
"Goldman Sachs expects an unemployment rate of 16% or higher, levels not seen since the Great Depression."
"Write-offs for the One Percent, and more indebtedness for everyone else."
"Data has also shown that working from home is largely reserved for America’s higher earners."
"It is now painfully obvious that the pandemic in Europe, including the UK, is orders of magnitude worse than in the far east."
"Simply, it is small businesses that drive the economy, employment, and wages."
"Pay attention to employment and wages. The data suggests the current “bear market” cycle has only just begun."
"Officials all over the world are going to be balancing the need to protect life with the need to resume economic activity for a long time to come."
"California Governor Gavin Newsom says that a million residents of his state have filed for benefits “just since March 13”…"
"As noted above, bear markets do not end with investors wanting to “buy” the market. They end when “everyone wants to sell.”"
"... it is being reported that Treasury Secretary Steven Mnuchin just told members of Congress that this crisis could ... push our unemployment rate up to 20 percent…"
"At some point in the future, someone is going to pull all the data together. They will closely examine the hospital logs, analyse the transmission number and the infection rate, and do a cost-benefit analysis of the efforts to contain the virus. They may well conclude governments overreacted..."
"A return towards communitarianism among conservative-minded theorists has caused other strands of conservative thinking to re-evaluate the approach to trade unions."
"The good news is that the full extent of this ominous scenario is not likely to completely play out. The bad news is that this is because our society is rapidly moving toward complete and utter collapse."
"The Iranians proved themselves incompetent clowns – successfully managing to miss American troops with multiple missiles, while tragically taking out an airliner instead. Revolution on the streets again."
And by the time the Indian workforce age group hits 800+ million people, it will be interesting to see how things interplay with the world’s inevitable technological shift to automation and a changing role for labour.
According to The New York Times, the former New York City Mayor was recently forced to address the heartless, decades-old statements made to a former female staffer upon learning that she was pregnant.