Should We Be Paid For Our Data?
Data are the most important resource of the 21st century. The capacity to transform raw data into decision-making recommendations is changing the world in ways that rival the Industrial Revolution.
Much of the data being created and shared are about our personal lives: where we live, where we work, where we go; who we love, who we don't and who we spend our time with; what we ate for lunch, how much we exercise and which medicines we take; what appliances we use in our homes and which stories grab our attention.
And the companies that collect these data are generating billions in revenue. According to a report by Oracle and the MIT Technology Review, the most successful data companies, including Amazon, Google and Uber, treat data as an asset - something that can be bartered, sold and monetized.