The movement to make your data earn money8 min read . Updated: 15 Nov 2018, 09:20 AM IST
The coming data revolution could lead to massive job losses and possible social unrest unless we start putting a price on user data.
Alphabet Inc.’s Google, Facebook Inc., and other tech giants offer us free internet services. And every time we use these services (in fact, Google tracks us even when we are not consciously using it), they collect data about us. From basic demographics to our secret desires, from our movements to our objects of hatred. It’s a boundless ocean of data about us that is fed to the artificial intelligence (AI) programs lurking behind these services. These are the most powerful surveillance machines the world has ever seen, which know a lot about what we are doing at any moment as long as we are carrying a smartphone.