HomeNewsOpinionWhy consumers must start demanding greater data privacy

Why consumers must start demanding greater data privacy

The consent-based model of data collection is a charade. Regulation must evolve to put limits on what companies can do with your personal data

July 27, 2020 / 13:04 IST
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American Senator Sherrod Brown seems to have had enough of privacy policies: The ones that exist solely to get permission to take your personal data, which they will take anyway. His proposed legislation, the Data Accountability and Transparency Act, released in June, seeks to restrict the collection, usage and sharing of personal data to when it is strictly necessary to carry out 12 permissible purposes. It also calls for a regulator to protect individuals’ privacy.

Needless to say, it is highly unlikely to find the required legislative support to pass. After all, it hacks at the very business model of the Internet age — sell a product for ‘free’; In return, collect personal information of the buyers, and sell that for much higher profits. Take for example, Facebook, one of the most valuable companies in the world. Facebook users don’t ‘pay’ a dime, while 98.5 percent of the revenue that gave it its $650 billion market capitalisation came from advertising.

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What is Facebook’s USP? It targets ads at those who are most likely to use the products, to know who to target, their algorithm follows you all over the Internet tracking your activity (not just on the Facebook app or website) — what you search for, who you speak to, what articles you read, how each of them make you feel. Some companies’ algorithms can figure out whether you’re angry after reading an article, or thrilled. Let’s say, they notice you have become angrier after reading articles about the country’s response to the coronavirus pandemic, they might show you content that shows the ruling party in a good light —  paid for by the said party, of course.

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