"The Data Diva" Talks Privacy Podcast The Data Diva E148 - Isabella De Michelis and Debbie Reynolds
Debbie Reynolds, “The Data Diva” talks to Isabella De Michelis, CEO and Founder, ErnieApp, Your Privacy Knowledge Manager. We discuss Data Privacy and the effects of GDPR, and the importance of striking a balance between rights and technology. Isabella's background in working for large corporations. Privacy has a geopolitical dimension, and the Europeans created the GDPR to protect data sovereignty. The US and China have different approaches to privacy regulation, with the US being more business-focused and the Chinese government having more control. The GDPR and other European regulations are designed to protect individuals' rights and allow them to monetize their data. The US is still struggling to create a federal privacy law, and companies are trying to get as much data as possible without a right to be forgotten. There is a connection between Data Privacy and competition, with access to data being the main link. Isabella discusses the implications of AI on the market, noting that it carries enormous costs and creates an unsurmountable barrier to entry for new players. She also discusses the need for governments to have a cut of the profits and for users to have the right to choose how their data is used. Finally, she proposed a two-sided policy of privacy and competition to redistribute the value created by the interaction between humans and machines and shares her hope for Data Privacy in the future.