Credit to: The Blue Diamond Gallery.
Who does data belong to? Would it be possible for all of us to receive monetary compensation for what we put on the internet? These questions lead to additional questions regarding the latest tendencies in data mining and management related to Universal Basic Income (UBI).
Porter notes that 1.4 billion people use Facebook on a daily basis. He opines in amazement that we are not paid for any of the data we share. Interestingly, if people were paid for their data, Porter argues that the quality of the data would increase because it would no longer be free. If the switch to data-for-pay were to take place, he claims there would be difficulties putting systems in place in order to put a value on information. This could challenge the dominance of Google, Amazon, Apple, and other information giants.
Jaron Lanier founded a proposal in 2013 with his book Who Owns the Future? to have companies pay transparently for any information users place online. Porter mentions this could undermine the “stranglehold” on the future of technology by the “data titans.” Lanier’s bold proposal remains relevant now into 2018. According to Politico, the European Commission generated a report in February 2018 that proposed a tax on the revenue earned by digital companies, which would be based on their location.
More information at:
Eduardo Porter, “Your Data Is Crucial to a Robotic Age. Shouldn’t You Be Paid for It?“, The New York Times, March 6th 2018
Janet Maslin, “Fighting Words Against Big Data”, The New York Times, May 5th 2013
Kate McFarland, “UNITED STATES: Ex-CIA officer Bryan Wright proposes data mining royalties”, Basic Income News, May 27th 2016
Craig Rhodes, “Funding basic income through data mining”, Basic Income News, January 29th 2017