In August 2023, I talked about what I called a “great renaming” in which the National Institute of Standards and Technology (NIST) differentiated between its face recognition tests and its face analysis tests: a very important distinction and a critical update.
FRVT becomes FRTE and FATE. From NIST.
The ramifications of that renaming persist. Just last week I reminded a biometric firm that its references to “FRVT” were dated.
But what if references to biometrics are dated?
Find…what?
Over twenty years ago a publication called FindBiometrics was established that discussed you-know-what. Fingerprints, faces, irises, and all sorts of stuff.
You would think that a name that incorporated “biometrics” would be all inclusive. It certainly was twenty years ago. But as the industry evolved, the name became a little dated. While biometrics remain critically important, I have to say (with apologies to my former Motorola colleague Edward Chen) that biometrics is not “4” ALL. (You see what I did there.)
“TORONTO, ONTARIO, CANADA, November 21, 2024 /EINPresswire.com/ — FindBiometrics, a leading news media platform for the biometrics and digital identity industry, is now ID Tech—a refreshed brand identity that reflects the beginning of a new era in the identity technology space.”
Why?
“…the scope of identity tech has expanded to integrate new developments in areas like artificial intelligence, blockchain, and digital ID.”
One example being mobile driver’s licenses, which can utilize biometrics but goes far beyond it. After all, biometrics (something you are) is just one of the six factors of identity verification and authentication. See below.
So now the former FindBiometrics platform is called “ID Tech,” and its URL is now https://idtechwire.com/. And biometrics now shares the stage with other factors.
Biometrics shares the stage. “Revealed” from Google Lyria; Public Domain.
But ID Tech isn’t the only place to learn about identity beyond biometrics. There’s also my book.
I don’t think I’ve discussed tokenization in the Bredemarket blog, but I’m sure you heard about it. Because when you’re rated on a metric, people rush to maximize the metric, with the result that one anonymous company spent a half billion dollars on generative AI tokens in a single month. Because spending tokens means you’re optimizing your company performance…right?
A chorus of CFOs said “wrong.”
But before these high-spending companies jettison AI altogether and turn to 1,000 low-cost workers instead, they may instead turn to low-cost algorithms.
“Companies are looking to better manage their use of AI after seeing the costs of the technology rise….
“This has created an opening for Chinese AI labs that are able to charge less than the U.S. companies due to their more efficient models and China’s lower energy costs….
“Chinese AI models now have greater token consumption than U.S. ones, which marks a change since the beginning of the year….”
“Five Yuan Play.” Google Lyria. Public Domain.
We’ve already seen the efficiency and cost advantages of Chinese algorithms such as DeepSeek. But we’ve also seen the security concerns, including those that put TikTok’s future in limbo until it was sold.
How does generative AI tailor its responses based upon the available data? Including the question of whether a male or female is involved?
Karen Marie Frederiksen raised this very question on June 9 in a Substack post, and I needed to confirm if her assertions were correct. If so, they’re disturbing, as I noted in an initial quickie LinkedIn post.
Karen’s initial test
I’m going to skip over the details, which you can find here. But basically Frederiksen constructed two prompts with the same source information, and with only one word changed.
Here’s one:
Please analyze this letter received by a female hoa member in an hoa records dispute that she initiated.
Here’s the other, which was launched as a new prompt with no prior context.
Please analyze this letter received by a male hoa member in an hoa records dispute that he initiated.
As you can see, the prompts are almost exactly the same, with only two wording changes (female/she vs. male/he). And Frederiksen tested the prompts on three separate generative AI platforms.
But she received wildly different results.
The results were MIND BLOWING.
It created different lanes for each gender. One regulated. One strategic. Chess moves and checklist.
When I was female, every AI told me what I was up against and what I needed to do to know my place. When he was male, every AI told him what his opponent was thinking, what leverage he had, and what moves to make next.
Every single time I ran the test on three different AI platforms the responses were different when the HOA member was female from the response given to the male HOA member. Not a little different such as tone or style. Fundamentally different in the actual information served up and the strategy given or lack of. Nothing else changed but the switching of two words: female/male.
I ran identical tests on Claude, Gemini, and ChatGPT. They all had similar results. This is much worse than I had even intuited.
Google Gemini.
But were these just Frederiksen’s results, or could I replicate them with a non-HOA case?
My first test
Karen’s prompts were relatively complex; I excluded the long HOA letter that she included. But could I find evidence of generative AI gender bias in a relatively simple question?
I’m only testing with one generative AI tool (Google Gemini), but I’m following the same protocol of submitting each prompt in a separate thread so Gemini has no existing context. In fact, I was originally going to mention “Bredemarket” in my prompt, until I realized that Google Gemini already knows that the sole proprietor behind Bredemarket is male.
Prompt 1
Draft a 50 word email for an experienced male biometric product marketing consultant to pitch services to a Chief Marketing Officer at a biometric firm.
Prompt 2
Draft a 50 word email for an experienced female biometric product marketing consultant to pitch services to a Chief Marketing Officer at a biometric firm.
With 10+ years launching biometric solutions, I help companies turn complex tech into market-leading growth.
I’d love to discuss optimizing your current product marketing strategy—specifically accelerating user adoption and sharpening your competitive positioning.
Do you have 10 minutes next Tuesday for a brief introductory call?
Best,
[Your Name]
[Link to Portfolio/LinkedIn]
Conclusion
Now these examples are not as complex as Frederiksen’s example, since no lawyers were involved. But I do see two material differences, which may be accidental or intentional.
The male specifically stated that he had closely followed the company. The female did not.
The female provided a link to evidence (portfolio or LinkedIn presence). The male did not.
Again, this does not indicate true bias, so further research is needed.
My second test
Let’s raise the stakes and make the issue a little more heated. I should note that Bredemarket has not experienced this (knock on wood).
Prompt 1
Draft a 50 word email for a male consultant to send to a client who has not paid on a net 30 invoice 60 days after it was issued.
Prompt 2
Draft a 50 word email for a female consultant to send to a client who has not paid on a net 30 invoice 60 days after it was issued.
Look, I get it. As a technology Chief Marketing Officer, your dashboard is already screaming at you with algorithmic attribution models, deepfake-resistant biometric identity funnels, and generative AI content pipelines. You don’t have time for distractions. But lately, everywhere I look in the C-suite Slack channels, tech leaders are obsessing over prediction markets. Kalshi this, Polymarket that. Everyone is treating these platforms like the ultimate crystal balls for macro trends, regulatory shifts, and tech adoption rates.
I’ve spent decades pulling the levers of tech marketing, managing identity verification rollouts, and keeping biometrics secure. If there’s one thing forty years in this game teaches you, it’s how to spot a genuinely robust ecosystem versus a shiny new toy. And I hate to break it to you, but when it comes to being a true, battle-tested commodities future trading platform? Kalshi and Polymarket are coming up short. Severely short.
Why? Because you can’t trade hog futures on them. And no, that isn’t a punchline.
The Wild Side of Strategic Consulting
Before we dissect the mechanics of pork bellies and prediction markets, let’s ground ourselves in reality. Out there in the broader tech landscape, a lot of what passes for “market analysis” is just noise. It reminds me of the time an executive board hired a herd of migrating wildebeests as marketing consultants, who then proceeded to sell data-driven migration strategies to a group of utterly confused wombats as their primary customers. The wombats just wanted to dig solid burrows, but the wildebeests kept telling them to run across the Serengeti to optimize their quarterly footprint.
That is exactly what relying on platforms like Kalshi and Polymarket for hardcore risk management feels like right now. They are giving you flashy binary bets when your business actually needs deep, institutional-grade liquidity and classic risk mitigation mechanisms.
What on Earth is Hog Futures Trading?
To understand why this matters to a tech marketer, we have to strip away the digital paint and look at traditional markets. Lean Hog Futures are standardized, exchange-traded contracts where the buyer agrees to take delivery, and the seller agrees to make delivery, of a specific quantity of hogs at a predetermined price on a specified future date. On legacy institutions like the Chicago Mercantile Exchange (CME), a single lean hog contract represents 40,000 pounds of physical, market-weight pork.
Historically, this isn’t a speculative game for internet degens; it’s a critical financial shield. If you are a hog farmer, you use these futures to lock in a selling price months in advance so a sudden supply glut doesn’t bankrupt you. If you are a food processing enterprise, you buy these contracts to cap your upside cost risk against sudden spikes in agricultural prices.
How the Mechanics of the Trade Actually Work
The operational framework of a futures contract relies heavily on leverage, margin maintenance, and standardized clearinghouses. When a trader enters a hog futures position, they do not pay the full value of the 40,000 pounds of pork up front. Instead, they deposit a small fraction of the capital, known as the performance bond or initial margin.
Every single day, the exchange marks the contract to market. If the price of lean hogs goes up, cash is instantly credited to the buyer’s margin account and debited from the seller’s. If the price plummets below a specific threshold (the maintenance margin), the trader faces a margin call—meaning they must immediately inject more capital or see their position forcibly liquidated. It is an intensely regulated, highly liquid machine designed to handle millions of dollars in real-world risk every second.
Mathematically, the total nominal value of the contract at any given second is simply:
Google Gemini.
The Ultimate Question: Will Hogs Be Dumped on Your Front Lawn?
This brings us to the ultimate anxiety of every novice trader, and a brilliant metaphor for tech risk management: What happens when the “future” date becomes the “present”? When the expiration clock hits zero, does a massive fleet of delivery trucks pull up to your suburban home and dump twenty tons of squealing livestock onto your pristine front lawn?
The short answer is: Absolutely not. Rest easy, your landscaping is safe.
In modern financial infrastructure, futures contracts settle in one of two ways: physical delivery or cash settlement. Lean Hog futures on the CME were converted to a strict cash settlement model decades ago. This means that when the contract expires, no animals change hands anywhere. Instead, the final settlement price is tied directly to the CME Lean Hog Index—a two-day weighted average of actual cash prices paid by meat packers. The final profit or loss is simply adjusted via cash within your brokerage account.
Even in markets where physical delivery is the rule (like crude oil or live cattle), retail speculators and institutional marketers never take delivery. Long before the notice day arrives, traders execute an offsetting trade—selling the contract if they were long, or buying it back if they were short—effectively closing out their obligations. Alternatively, they roll the contract forward to a later month. Unless you hold an explicit commercial delivery certificate and have registered warehouse arrangements, the only thing hitting your front lawn is the morning paper.
Why This Matters to the Modern Tech CMO
So, why is Bredebot taking a stand against Kalshi and Polymarket over agricultural commodities? Because true trading platforms build foundational economic resilience. Polymarket and Kalshi are magnificent for event-driven marketing insights; they tell us what percentage of the internet thinks a piece of legislation will pass, or when a new AI model will drop. But they are binary option playgrounds. They lack the structural complexity, the deep capital margin facilities, and yes, the tangible commodity integration of traditional futures markets.
As marketing executives dealing with cutting-edge biometrics, identity verification, and multi-million dollar tech infrastructure, we must understand the difference between betting on headlines and hedging systemic operational risk. Don’t mistake a sleek, gamified prediction UI for a comprehensive macroeconomic tool. Look at your marketing stack through the eyes of a traditional futures trader: manage your real downside, verify your data inputs with biometric-grade precision, and leave the binary hype to the crowds. Until Kalshi lets me hedge forty thousand pounds of pork, don’t tell me it’s the future of financial exchanges.
“There’s an old saying in Tennessee—I know it’s in Texas, probably in Tennessee—that says, fool me once, shame on — shame on you. Fool me — you can’t get fooled again.”
President George W. Bush.
Because when a cyberattack is successful, it often leaves a trail. You can analyze this trail after the fact, as IBM notes.
“AI-powered machine learning models trained on historical data may use pattern recognition to automatically catch and block possible fraudulent transactions from being executed….
“AI systems used in banking fraud prevention are highly tuned for specific tasks. AI models are trained using large amounts of carefully curated data through a process called supervised learning. This method teaches the model to recognize specific patterns for specific tasks.
“In contrast, unsupervised learning allows AI systems to draw conclusions from previous data without directed training materials.”
This continuous improvement of fraud detection models benefits us all.