Face your future
Making payments and purchases with your face may soon be possible, as this article explains. Firms including China’s Face++ are developing convenient gadgets that can recognise people’s faces and work with shops, banks and transport payment systems. But some say changing the way you pay can be bad for privacy.
The cash-free trend goes beyond buying things, notes Lee Siegel for the New York Times. Physical money not only has cultural meaning for many but makes spending feel real – we experience the “pain” of paying. Cashless instead may snare us in a web of loyalty points, future purchases – or even indebtedness.
Younger siblings may not wish to read further: research suggests that later-born children tend to earn less. As Brookings fellow Sandra Black explains, birth order appears to affect skill development – and therefore future job choices. “First-born children are more likely to be chief executives, legislators or senior government officials,” she writes.