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I generally agree with Weyl and Posner's position here in that we need to completely change people's perspective on the value of their data and how easily they
by bo1024 8y ago
I generally agree with Weyl and Posner's position here in that we need to completely change people's perspective on the value of their data and how easily they give it away. So I don't want to distract from that point. However, I do want to also point out that data itself functions more like capital than it does like labour (although the act of providing data may be more similar to labour).
Capital is always the source of financial asymmetry between the labourers and the wealthy capital-owners. So instead of "selling" our data to companies for a fixed price, allowing them to exploit it forever, maybe we should be only renting companies the temporary right to use our data -- keeping the wealth asymmetry from growing.