CA Governor Wants Tech Companies to Pay People for Personal Data
|futurism.com 15 Feb 2019 at 08:03|
Governor Gavin Newsom announced his support for such an initiative during his State of the State address on Tuesday, according to Gizmodo Â â€”Â a move that could permanently upset the balance of power between the worldâ€™s biggest tech corporations and their users.
â€śCompanies that make billions of dollars collecting, curating and monetizing our personal data have a duty to protect it,â€ťÂ Newsom said in his address.Â â€śConsumers have a right to know and control how their data is being used.â€ť
Currently, Newsomâ€™s proposal is lacking in details â€” itâ€™s really more of a concept at this point, but he took a strong stance against user exploitation by tech corporations, .
â€śI applaud this legislature for passing the first-in-the-nation digital privacy law last year,â€ťÂ Newsom said.Â â€śBut Californiaâ€™s consumers should also be able to share in the wealth that is created from their data. And so Iâ€™ve asked my team to develop a proposal for a new data dividend for Californians, because we recognize that your data has value and it belongs to you.â€ť
At the moment, Newsom is â€śopen to constructive feedback,â€ť according to a statementÂ his office sent to CBS .
Presumably, that input will help the proposal avoid potentially dicey waters, as a push to pay people a share of a tech companyâ€™s profits may backfire. For instance, tech companies may retaliate by requiring subscriptions for previously-free services, similarly to howÂ Uber threatened to raise prices if New York City increased its minimum wage.
But the proposal may have the opposite effectÂ â€” internet users may be willing to give away their personal information in exchange for justÂ a few bucks, Center for Digital Democracy Executive Director Jeffrey Chester warnedÂ CBS.
â€śThey shouldnâ€™t be tricked into giving away their privacy for a small discount,â€ť Chester told CBS. â€śSelling it for a few bucks isnâ€™t the answer and will make the problem worse.â€ť