The Dangers Of Our ‘New Data Economy,’ And How To Avoid Them

The transcript discusses the growing importance of data in the economy, highlighting how corporations acquire and assert ownership over personal data without permission. It raises concerns about the lack of regulations governing data collection and usage, questioning the legality of trading sensitive information. The potential for harm, such as misuse by insurance companies, is contrasted with benefits like improved services. The transcript calls for technology companies to acknowledge their responsibilities, for government to balance business and consumer interests, and for consumers to recognize the hidden costs of convenience.

In what ways can data be used to manipulate individuals, and what are the potential consequences?

What responsibilities do technology companies have regarding the data they collect?