Friday 8 June 2018

Cut Facebook out: Have you considered making money selling your own data?

Data Breach

Alice Liogier wants to slap a price on her data.

The 23-year-old graduate student from Paris is researching the commercial use of personal information in the age of big data and she's reached a controversial conclusion: If people really do own their data, then they should be allowed to sell it.

Regulators from Brussels to Beijing are trying to curb the use of personal information and many Facebook users have been reviewing their privacy settings in recent weeks in response to the Cambridge Analytica scandal. But Liogier argues that entrepreneurs, officials and executives who want to get to grips with the next phase of the big data era need to look further.

It's not about privacy, she says, it's about ownership and control.

"The debate right now is focused on data protection and privacy -- that's where fears have crystallised," Liogier says. "But selling data and data ownership is the next big topic, and probably the most important topic."

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