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Will Users Get a Slice of the "Big Data" Pie?

curtwoodward writes "Better healthcare, more efficient government, cheaper goods and services — it's all possible in the age of 'big data.' According to the big companies hoping to make a killing off all that information, anyway. But will the people generating that valuable data — Joe and Jane Consumer — ever get a piece of the action? A few startups are trying to establish first-party marketplaces for personal data, compensating users directly for contributing high-quality information about themselves. The World Economic Forum is also involved, hoping that one day, 'a person's data would be equivalent to their money ... controlled, managed, exchanged and accounted for just like personal banking services operate today.' But some entrepreneurs think it might be too late in the developed world, where a consumer's data fingerprint is already very well documented."

4 of 123 comments (clear)

  1. Long Answer by Anonymous Coward · · Score: 3, Funny

    No.

    Noooooooooooooooooooooooooooooooooooooooooooooo

  2. Re:Damn you Pavlov! by Anonymous Coward · · Score: 4, Funny

    This is because of all the collusion going on behind the scenes with Big Meter. They've intentionally calibrated their BS detectors with a low threshold so that we'll all always be wary of other Big interests.

  3. Re:I hope so by ArcadeMan · · Score: 3, Funny

    Roses Are Red,
    Violets Are Blue,
    Milk, Eggs, Coffee.

  4. Re:I hope so by Chris+Mattern · · Score: 5, Funny

    Roses Are Red,
    Violets Are Blue

    That's what they say,
    But it just isn't true.

    Roses are red
    And apples are too,
    But violets are *violet*.
    Violets aren't blue!

    An orange is orange,
    But Greenland's not green.
    A pinky's not pink,
    So what does it mean?

    To call something blue
    When it's not, we defile it.
    But, ah, what the heck,
    It's *hard* to rhyme violet!