TED Talks Daily Why you should get paid for your data | Jennifer Zhu Scott
Apr 26, 2021
In this enlightening discussion, Jennifer Zhu Scott, a trailblazing entrepreneur and technologist, argues for the urgent need for private data ownership. She highlights how individuals produce valuable data without reaping the rewards and advocates for a system that allows people to monetize their contributions. Jennifer's journey from West China to tech leadership underscores her passion for empowering individuals to control their personal data. She introduces tools like the Brave browser and DigiMe app, showcasing how they enable users to profit from their own information.
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Jennifer's Story
- Jennifer Zhu Scott grew up in poverty in rural China during a time of absolute equality.
- Later, private ownership brought prosperity and lifted millions out of poverty.
Data Poverty
- Data is a valuable asset generating wealth, but it's centrally controlled.
- Individuals produce data but aren't paid, creating a new form of collective poverty.
Data Ownership
- View data ownership as a personal economic issue, giving individuals control.
- Granting pricing power to individuals allows them to reflect nuanced preferences, donating or selling data as they see fit.