AAXN - Can Facial Recognition Tech Stocks Calm Public Jitters?
The old admonition to be careful what you wish for because you might just get it applies to facial recognition. Useful in opening your iPhone and in helping law enforcement bring criminals to heel, the technology's proliferation also portends a dystopian future in which people live in a surveillance state and our every move is analyzed by algorithms, artificial intelligence, and machine learning.
Privacy advocates warn of the potential for abuse and misuse, meaning it's up to the technology giants leading us into this brave new world to reassure us their achievements won't be used against us. So far, Amazon.com (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB), and others have done little to assuage our fears.
Image source: Getty Images.