09 July 2018

New Thinking: U R = Data Mine

That's right and it's about time to see this:

A growing idea:

Big Tech should pay people for their data

"Big Tech is being challenged by a new strain of thought: that it should pay people for their data. The current arrangement — data for free search and friendship services — is insufficient, the new thinking goes.
Why it matters: If adopted, the argument — pressed by tech thinkers, economists and a new book — could erode billions of dollars of profit from companies like Google and Facebook, along with China's Alibaba and Tencent. Meanwhile, an undetermined amount of money, though probably just a few dollars to start, would go into the pockets of ordinary people around the world. . .
READ MORE >> https://www.axios.com