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Thursday, June 25, 2020

Getting Pay for Data

Another project with aim at paying users for their data.  Links to our long term data as an asset view.

Andrew Yang Is Pushing Big Tech to Pay Users for Data
By The Verge
June 22, 2020

Andrew Yang wants people to get paid for the data they create on big tech platforms like Facebook and Google, and with a new project launching on Monday, he believes he can make it happen. ...

Yang's Data Dividend Project is a new program tasked with establishing data-as-property rights under privacy laws like the California Consumer Privacy Act (CCPA) all across the country. The program hopes to mobilize over 1 million people by the end of the year, focusing primarily on Californians, and "pave the way for a future in which all Americans can claim their data as a property right and receive payment" if they choose to share their data with platforms.

At the beginning of the year, the CCPA went into effect, granting consumers new control over their data online like the right to delete and opt out of the sale of their personal information. There's nothing in the law about tech companies paying for data (or, more specifically, paying them not to opt out), but Yang's new project is looking to show that the idea is popular with voters. The Data Dividend Project is betting on collective action as a means of changing the law and extending data property rights to users across the country. If this idea becomes law, Yang's team says it will work on behalf of users to help them get paid.

"We are completely outgunned by tech companies," Yang told The Verge. "We're just presented with these terms and conditions. No one ever reads them. You just click on them and hope for the best. And unfortunately, the best has not happened."  ... ' 


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