How do you see the industry addressing and balancing the need for data access with privacy?
Nabeel Amir
14 replies
Replies
Sheikh Waqas@mrsheikh_waqas
Privacy-enhancing technologies (PETs) are diverse.
Share
The ones who move $$$ (enterprise and corporates) do have access to many years of data -- but they're private themselves. So I don't expect any issue for them, just for the consumer who has no power over privacy...
Consent fatigue is a real issue.
Varify.io
Personalized advertising relies heavily on user data.
CountryOut
The industry is increasingly moving towards zero-trust security models.
Expect stricter data protection laws with clearer user rights and stricter penalties for breaches. Regulations like GDPR and CCPA will likely inspire similar frameworks globally, pushing companies towards responsible data use.
User-centric data ownership models could redefine the landscape.
Blockchain's potential for decentralized, secure data management is intriguing.
As AI algorithms become more sophisticated, the need for large datasets grows.
Transparency reports are becoming common.
very bad
Data portability is a growing trend.
Algorithmic bias is a significant concern.
There is a conflict here in the current situation. The company need data to provide the best user experience for the product to the customers. But the customers want to keep their data in secret and safe. However they require that the product must understand them and their behavior to serve well. So the company got stuck. Without user data insights, how can the product can understand users to provide best personalized services and products? So I suggest it should have the ability where user can decide to share/sell their data to product & service provider so that they can apply it to the product & services users are using. Their data, their choice.