This is the Cato Daily Podcast for Friday, November 27th, 2015. I'm Caleb Brown.

When we give the corporate world our data, the deal we cut with them about how that data will be

used is not very clear.

Bruce Schneider is a security guru who blogs at Schneider on security.

We spoke during the Cato Institute's conference on surveillance

last month. When it comes to privacy just as a notion, what are some of the big

unanswered questions about that that we're really just beginning to touch on?

You know, we're learning what it's like to live in a world of ubiquitous surveillance,

where we're carrying cell phones and retract all the time,

all of our interests are collected by Google,

or all of our friends are collected by Facebook.

And I don't think we know as a society what that means.

And we know what it means in the small but not in the large.

And we've never seen a society like this before.

It's based on technology and it's all new.

So long-term effects of this, I think, are very much up in in the air and we're going to learn in the coming decades what it means to run for president and have all your writings from the fourth grade made public or to be in a relationship and be able to look at the transcripts of your arguments

from 10 years ago.

I mean, these are weird things or meet someone and be able to quickly look them up in the database.

This has been science fiction stuff and it's going to be real and we're not good at

predicting what that'll mean socially.

And you're talking about the types of surveillance that we sign on to voluntarily for the most part

Now voluntarily is a bad word we sign on to it but I think we sign into it knowingly

...