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Reposted from News by FinTech Collective

Parole And Technology: Prison Breakthrough

With mass incarceration in the US costing the US Taxpayer $83bn per year we need to (in the good words of a State Governor) "figure out who we are scared of and who we are just mad at". This article argues that technology can help us do that more effectively. Our portfolio company APDS is one of the firms leading the charge.

IN MONTY PYTHON'S "Life of Brian", the Jerusalem crowd picks wrongdoers for Pontius Pilate to release according to whether their names begin with "r", since they find it amusing that the Roman governor cannot pronounce that letter. ("Welease Woger!"). Two thousand years later, America aims to select prisoners for parole by more rational criteria, such as "Are they likely to re-offend?"

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prison banking