(no subject)

Studies suggest financial decision-making ability tends to reach its peak in a person’s mid-50s, after when deterioration sets in.
...
The older brain seems more susceptible to “too good to be true” scams, from lotteries to dating schemes. According to the “Scams Team” at Britain’s National Trading Standards, a consumer-protection body, the average age of victims of mass-marketing scams is 75.

http://www.economist.com/news/business-and-finance/21716598-banks-need-strategies-helping-vulnerable-elderly-customers-elderly

I wonder how the world is going to deal with aging decision-makers.

TIL: border searches of electronic devices

The border agent wouldn’t relent. He needed to access the device, he said, and had the authority to do so. He’d handed Bikkannavar a document titled “Inspection of Electronic Devices” when they first sat down, and Bikkannavar gave it a quick scan. The document claimed that CBP had the right to search “all persons, baggage, and merchandise arriving in, or departing from, the United States.” On the backside, in fine print at the bottom, there was a section with the heading, “Consequences of Failure to Provide Information.” The section said that giving up the information is “mandatory” and not cooperating could lead to the “detention and/or seizure” of the electronic device in question.

I didn't know the government can search your phone without a warrant when you return to the US.

https://www.theatlantic.com/technology/archive/2017/02/a-nasa-engineer-is-required-to-unlock-his-phone-at-the-border/516489/