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Azeem Azhar's Exponential View

Should We End the Data Economy?

Azeem Azhar's Exponential View

EPIIPLUS 1 Ltd / Azeem Azhar

Robots, Tech News, Ai, It, Business, Future, News, Economy, Review, Gpt, Exponential View, Intelligence, Azeem Azhar, Society, Government, Artificial Intelligence, Science, Economics, Investing, Exponential, Openai, Work, Automation, Technology

4.91.1K Ratings

🗓️ 4 November 2020

⏱️ 37 minutes

🧾️ Download transcript

Summary

Ownership of personal data is a form of power – and that power is concentrating in the hands of governments and big tech. Should we be worried? Dr. Carissa Véliz, from the Institute for Ethics in AI at the University of Oxford, joins Azeem Azhar to discuss her new book “Privacy is Power.”

Transcript

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0:00.0

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0:05.0

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0:10.0

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0:15.0

H.B.R. presents. Hi there, I'm Azimazar and you're listening to Exponential View.

0:34.0

Every week I come together with a brilliant mind to discuss the intricate dance of technology and society.

0:40.0

Now we're well aware these days that our personal data is worth a lot.

0:43.4

The biggest technology companies like Google and Facebook have become multi-billion dollar

0:47.6

juggernauts by hovering up this data and using it to sell personalized advertising. There's an old saying that if you're not paying

0:54.8

for the product you are the product. Now I've explored many of these issues in

0:58.8

exponential view over the past five years I do recommend you jump over to exponential view

1:02.9

co and take a look.

1:05.1

The question is what should we do about it?

1:08.2

It's one thing to articulate the problem of the use or abuse of our

1:11.4

personal data. It's another to suggest how we move forward.

1:15.6

Now my guest today, Karissa Velez, associate professor at the Institute for Ethics in

1:19.8

AI at the University of Oxford, has some concrete suggestions. In her new book Privacy is Power

1:25.7

Carissa offers a damning analysis of the data economy and proposes bold measures to end it.

1:31.5

Ownership of personal data she claims is a form of power and the

1:34.8

concentration of that power in the hands of corporations and governments is a threat

1:38.6

to the social institutions and perhaps even liberal democracy itself.

1:43.0

Trading personal data, she argues, is like trading in a toxic substance,

1:47.0

and we must put a stop to it.

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