The Future of Your Personal Data - Privacy vs Monetization | Stuart Lacey | TEDxBermuda

Big data is big business and as value is created from customer insight - but, where is the moral line? What happens when companies cross that line? What if consumers could flip the equation to offer their data directly to the companies they trust? The future could be customer monetized data.

Investor and entrepreneur. Futurist, and established thought leader on Personal Data and Privacy. Published in Forbes, American Banker, FinExtra and Startup Collective; named by Bank Innovation as one of the 2015 Innovators to Watch - CEO’s who are Changing the Future of Banking. A multiple award-winning Member of the Young Presidents Organization; the Young Entrepreneur’s Council and The Institute of Directors; as well as a graduate of McGill University and the inventor of a number of industry defining patents all relating to the creation, sharing and monetization of customer data.

[capitalpi]

This Idea is genius! Big Data is nowadays a crime based financial bubble that's holden by the lack of legislation and social awareness. But regulated data anonymization and controlled Pii (controlled in means of choosing what private data of yours should actually be saved without 3th-party copies) would be an urgent solution to stop this development of full personal transparency, collectivism and social engineering.

[travism]

I loved this video. I am about to graduate with a Bachelours degree in Cybersecurity, and this video has so much great information that not a lot of people know about. It is an excellent video. Bravo!

[gumott]

A very based take on pii, love this talk

[KamalGulati_itSimple]

good one for privacy laws and ways to monetise our personal information & Digital Democracy at individual and community level.

[themistdu]

Decentralized data servers with cryptography/blockchain. Paid user content via tokens. IPFS for example.

[elisoil]

Great insight into personal data as an asset

[naraimha]

Ahh, man! Wish I could "Like" this many times!

[Srujana]

But...how? Don't end on, "it's possible" without elaborating at all - not even where to look.

[c.u.]

This is a terrible, terrible idea. People will love the idea of making money off their data and therefore think that they are in control; but in reality that data is still going to be exploited.

[snailmail]

if you haven't watched yet do: Data and Disinformation: Investigating Cambridge Analytica (Exposé Documentary) | Real Stories

[geekpoint]

"without your consent" is a bit of a stretch. You give explicit consent when you click "I Agree"

[tyrannyresponseteam]

I don't believe for one minute it's depersonalized. There's power in knowledge. There not spending trillions and collecting it to sell you an ice cream cone. Lol 😊 that's asinine.

[POsearching]

Alright but what does this have to do with Big Lez?

[mbwanajordan]

I do not want to "Buy" anything at a discounted price for my information!!!

[xvvmxcf]

but don't I want them to advertise what I want to see

[nick]

Maximilian Robespierre!!!!
Nothing else needs to be said!

[great]

The choice is you pay a subscription or you give up your data. We're not being robbed when we ask a startup to run an entire company with employees and we give nothing in return.

[happyandhealthy]

tremendous amount of money is too unconcrete!

[metalheartmachine]

Nothing is 'free'; all those apps an services we use have to trade us something for our use. You can always choose not to use them. Your data, your choice.

[limelemonada]

he should have used the Spiderman standoff meme