Summary

  • Large companies collect and use consumers’ data, sometimes without their knowledge or consent, in order to sell them products or services.
  • Examples of such data include social media posts, location data, and search-engine queries, which may be monetized in a different way to a user’s credit card number.
  • Data may also end up in the hands of academic researchers, hackers, law enforcement, foreign nations, and other companies trying to sell products.
  • Data brokers are another kind of business that gather, analyse and sell data about consumers without providing them with any services in return.
  • These companies may also buy data from retail stores, as well as users’ medical records and browsing history, and even their social media connections and online purchases.
  • Data brokers are valuable resources for stalkers and abusers and are only lightly regulated in some US states.
  • The use of personal data by artificial intelligence researchers to train their automated programs is also a key development that needs to be considered.
  • Furthermore, the future of personal data collection, and whether consumers should own their own data and be paid when it is used, is likely to become a hot topic in the future.

Original Article