Balancing data use with ethical considerations is crucial from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
In an age where data has become the new currency of the digital economy, the importance of balancing its use with ethical considerations cannot be overstated. The vast amount of personal information that is collected and analyzed by companies and governments raises serious concerns about privacy, consent, and the potential for abuse. While data has the potential to bring about immense benefits in terms of innovation and efficiency, it also poses significant risks if not handled responsibly. The indiscriminate collection and use of data can lead to privacy violations, discrimination, and the erosion of trust between individuals and the organizations that hold their information. Ethical considerations must therefore be at the forefront of any data-drive...
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