Consumers Deserve a Data Dividend

It is well understood that consumers are the product on the internet. We are packaged by ubiquitous click-to-accept data collection policies that have all the usurious qualities of payday loans. Euphemistically called “privacy policies” these click-wrap contracts force consumers to hand over an increasing amount of data in exchange for browsing the internet, using apps and consuming the web…
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Data Economy

This week I would like to discuss network effects  and the value of data. The book value of Facebook is around $ 100 billion. But its market cap is over $ 600 billion. The difference is due to our data that we hand over for free. Let’s first describe the economic…