Data fiduciaries (if it’s anything like how it’s being done in India) seem like a very good idea, actually — so long as the entity holding the data has fiduciar

Data fiduciaries (if it’s anything like how it’s being done in India) seem like a very good idea, actually — so long as the entity holding the data has fiduciary responsibility to the users, and cannot merge/collude with the entity using the data for whatever. Enforcing this without corruption is obviously non-trivial, but it seems a substantially easier task to regulate the interface between clearly delineated entities (with competition on each side) than trying to regulate huge monoliths (Eg: Facebook) that are incentivized to make internal information flows look like a ball of mud architecture, to avoid legibility to outsiders and the consequent regulation.