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Summary | 10 Annotations
Make tech companies pay you for your data
2020/06/27 16:08
It essentially lays out (sometimes in the most convoluted way possible) how the site or app can use or share your data. The problem is, no one actually reads the language. You just click "yes" and hope for the best, since that's the price you pay for a free website or app or social media network. It seems like a pretty sweet deal. But that's not the deal we're getting.
2020/06/27 16:08
There are numerous ways in which our data are collected, used, shared and sold by countless businesses. The largest tech companies profit most.
2020/06/27 16:08
Facebook is now worth $650 billion, with annual revenue of $70 billion. Google is worth nearly $1 trillion, with annual revenue of $160 billion.
2020/06/27 16:09
The data generated by our activities should be owned by us.
2020/06/27 16:09
And if anyone is making money on our data, it should be us.
2020/06/27 16:09
The average citizen is completely outgunned and in the dark about how to take control of personal data.
2020/06/27 16:09
To drive this effort, Humanity Forward, a nonprofit organization, and Data Dividend Project, a new public-benefit corporation, will work to fight for people's data rights.
2020/06/27 16:09
Consumers can sign up online to join the DDP movement, and in California, they can designate DDP as their "authorized agent." The aim is to have a critical mass that could be used as leverage with tech companies, which will no doubt resist change.
2020/06/27 16:09
Economists and technologists have long called for "data unions" to fight and negotiate on behalf of consumers
2020/06/27 16:09