Algorithmic Intermediation Concepts

The video explores the shift from traditional methods to digital platforms, emphasizing the role of smartphones and algorithmic intermediation. It explains how data is managed in the cloud and the implications for privacy. The video also discusses the dominance of digital platforms, the rise of horizontal communication, and the potential future challenges and impacts of algorithmic intermediation on society and traditional institutions.

What was one of the traditional methods people used to prepare for vacations?

• Watching online tutorials

• Browsing social media

• Visiting a travel agency

• Using a smartphone

What is the term used to describe the digital mechanism that connects buyers and sellers?

• Algorithmic Intermediation

• E-commerce

• Cloud Computing

• Digital Marketing

What kind of data is typically collected during the process of algorithmic intermediation?

• Personal information like name and email

• Only financial data

• Only browsing history

• No data is collected

Where are the collected data stored in the context of algorithmic intermediation?

• On personal devices

• In local servers

• In data centers around the world

• In physical files

What is a key requirement for a platform to be effective in algorithmic intermediation?

• It must offer discounts

• It must be government-regulated

• It must have a dominant position

• It must be free to use

How does algorithmic intermediation change the traditional vertical exchange model?

• It centralizes all exchanges

• It eliminates the need for exchanges

• It makes it more hierarchical

• It creates a horizontal exchange model

What is one potential benefit of the horizontal communication model enabled by algorithmic intermediation?

• Encouragement of sharing and civic practices

• Slower transactions

• Increased privacy

• Higher costs

What is a potential downside of the horizontal communication model?

• Higher transaction fees

• Decreased connectivity

• Increased surveillance and rating of individuals

• Lack of transparency

How can other algorithms use the data collected by algorithmic intermediation platforms?

• By storing it offline

• By deleting it

• By connecting to other platforms and offering related services

• By ignoring it

What challenge do traditional institutions face due to algorithmic intermediation?

• Difficulty in finding their place in the new system

• Enhanced control over data

• More regulatory power

• Increased funding