This chapter explores the tensions between individuals' privacy desires and the pervasive nature of surveillance capitalism. It argues that the 'privacy paradox' stems from market failures, advocating for new regulations to promote competition and improve consumer choices.
Shoshana Zuboff of Harvard University talks about her book Surveillance Capitalism with EconTalk host Russ Roberts. Zuboff argues that the monetization of search engines and social networks by Google, Facebook, and other large tech firms threatens privacy and democracy.