Aug. 10, 2023, 2 p.m. | MIT Technology Review Insights

MIT Technology Review www.technologyreview.com

Fifty years ago, the average business transaction was pretty straightforward. Shoppers handed purchases directly to cashiers, business partners shook hands in person, and people brought malfunctioning machines to a repair shop across the street. The proximity of all participating parties meant that both customers and businesses could verify authority and authenticity with their own eyes.…

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