House introduces bipartisan bill on AI in banking and housing
The bill would require a report on how these industries use AI to valuate homes and underwrite loans
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In the old days on the Internet, anonymity reigned supreme. The adage "On the Internet, no one knows you're a dog" coined in 1993, captured a moment in time when people could hide behind a different persona on the Web. Today, that's all changed. Every thought, photo, relationship, interest can and is often captured and exposed on the Web. There's no hiding behind an alter ego. And most people accept that.
Or maybe they don't have to.
Kismet, a AngelPad-backed startup with group-mobile technology is banking on people wanting their privacy back, particularly in group messages. The startup, which originally launched as a mobile-dating app, and then an app to find people nearby, is now beating the drum for its new service called Blink, a group messaging service that expires. You can download it for free on your iPhone.
"We're peeling off some of the technology from Kismet," said Kismet co-founder Kevin Stephens. "Messaging apps are generally not anonymous. Your ID is your phone number. With Blink, your ID is your username, not your number. Users can send text messages and allow it to expire after 10 seconds."
In many ways, this group messaging becomes similar to what happens with phone conversations.
You have a one-time conversation that just goes away and the only thing that stays is your memory of it. While it's nice to have text messages recorded (I often go back to look at one particular message of a friend's address), how often do you go back and retrieve them? And eventually, depending on your messaging plan, you may have to delete them to make room on your phone.
Still, would people download an app for this privacy? Are there many kinds of use cases that would compel people to find such an app?
"Our stupid inside jokes," is one example, said Kismet co-founder Michelle Norgan. "It's not something we want to stay around forever. Other examples are anything you want to keep private or secret."
Indeed, while I don't really care if my messages stick around forever, there are some messages I hope just go away. I may not see them because I choose not to, but they're around and accessible. I can see how freeing it would be to have an app that doesn't record messages. It's like packing for a trip. The more you bring, the more choices you have. With group messages that aren't recorded, you don't have to worry about cleaning up those conversations, or having them re-appear somewhere.
"Facebook taught us that you have to think before you write," said Norgan. "The fact that I know that three or four years down the road that someone can go look at that Wall post, it kills the spontaneity and genuineness of conversations. It takes some joy of personality in real life."
Kismet, which won the People's Choice award at Splash SF in 2012 and is backed by AngelPad, Triple Point and NEA, hopes Blink will be embraced by teenagers and college students. With Kismet, it's already gotten some traction with the Greek community in colleges. Many of them use the mobile app to organize parties and mixers. Said Stephens: "We think the biggest market is teenagers... They don't want people sniffing over their shoulder."
In the future, Kismet plans to make all content, such as video or photos, expire.
Founder and CEO of Vator, a media and research firm for entrepreneurs and investors; Managing Director of Vator Health Fund; Co-Founder of Invent Health; Author and award-winning journalist.
All author postsThe bill would require a report on how these industries use AI to valuate homes and underwrite loans
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Kismet connects you to your existing friends in the real world by simplifying getting together face to face. We show you which of your friends are nearby or alert you when the app isn't open, then make it simple to invite them to meet you.
When you're planning to get together with a group of any size, Kismet makes the experience simpler and more social. Users can invite their friends whether or not they are Kismet users. Non-users can easily reply from the web or their phone without having to install the app.
No longer do you need to send hundreds of text messages or try to follow long email threads just to meet for Happy Hour. Users are also notified automatically when other users arrive and depart the event, meaning you’ll never have to ask “Are you here yet?”
Kismet was one of the most talked about companies of SXSW 2012, in the hot "ambient location" and "social discovery" space. Founded in 2011, Kismet was part of AngelPad's Winter 2011 class of startups, and has been lauded as one of the most privacy and user conscious apps in the space.
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Co-founder and CEO of Blink, previously an early engineer at Google and YouTube. Also worked at Apple & Boxee. BS Computer Science, UCSD.Joined Vator on
Michelle Norgan (Co-founder and Chief Product Officer at Kismet) was previously on the founding team of a social startup where she designed and launched the company's Consumer Mobile and Web products.