The past recent years have been tough for big tech companies, as lawmakers and the public have become increasingly skeptical about Silicon Valley’s use of people data. Earlier this month, California governor Gavin Newsom proposed that tech giants should compensate people for the use of their data in form of a dividend.
As always, there are two sides to the story. Those who support the ideas said this could be the solution to shorten the wealth gaps in California where income disparity is at historic levels. They believe that the tech giants have been making billions of dollars off people data. Therefore, Californians should be entitled to the “data dividend”.
On the other hand, some said that this is a bad idea because data dividend could lead the public to a false sense of security. By receiving a few dollars, you now have agreed to let Google, Facebook to track and target you for the rest of your life.
What are your thoughts on this? Please leave a comment.