Companies profit off of individuals' data without adequately compensating them from "summary" of Who Owns the Future? by Jaron Lanier
In our digital age, the value of information has skyrocketed, and those who control it have amassed incredible wealth and power. Companies have found a way to profit off of individuals' data without adequately compensating them. This exploitation of personal information has become a common practice in the tech industry, where user data is harvested, analyzed, and sold without the users' knowledge or consent. This data, which includes everything from online behavior to personal preferences, is often used to target individuals with tailored advertisements or services. While this may seem harmless on the surface, the reality is that individuals are not reaping the benefits of their own data. Instead, companies are profiting off of this valuable resource while the individuals generating it receive little to no compensation in return. This one-sided relationship has created a stark imbalance of power between individuals and corporations. As more and more data is collected and monetized, the gap widens, leaving individuals at a di...
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