The balance between data use and privacy must be carefully managed from "summary" of Reinventing Capitalism in the Age of Big Data by Viktor Mayer-Schönberger,Thomas Ramge
In our digital society, data has become a valuable resource that fuels innovation and economic growth. Companies and governments collect vast amounts of data to gain insights, make decisions, and improve services. However, the use of data raises important privacy concerns that must be addressed. As more data is generated and collected, individuals may feel that their privacy is being compromised. Personal information can be used in ways that individuals did not anticipate or consent to, leading to concerns about surveillance, manipulation, and discrimination. This tension between data use and privacy highlights the need for careful management and oversight. To strike the right balance, policymakers, bu...
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