Ian: You mentioned the importance of data and you gave a TED talk in 2019 about data and why we should be being getting paid for it
Jen: Absolutely. We are supposed to work towards a more inclusive and equitable economy, but in terms of data ownership, most of us are just equally poor. Most people haven’t understood the concept or implications of data poverty. The thing I learned in China as a child is that ownership, personal ownership, brings a form of liberty and the opportunity for improvement. At a time when seven of the top 10 companies on the planet derive their wealth from data about us, the conclusion is that data is immensely valuable – but the power struggle for the ownership and control of the data has only been between corporates and governments, and individuals have no seat at the table, yet the vast majority of data is generated by individuals. My proposal of establishing the economic value of individuals’ data with a degree of pricing power is a way to grant the individuals’ rights in a digital economy and reflect each individual’s nuanced need for privacy.
Ian: I think it’s widely accepted that when a product is offered for free it is generally the users who are actually the product. I like to think of it as receiving “free shovels” that we use to dig up all the vegetables in our garden and give away to the supermarket where we can go to buy them back!
Jen: I would argue that in the case of the current economy, we are not even a product. Shoshana Zuboff writes in her book “The Age of Surveillance Capitalism” that we are only raw materials in the current digital economy. I tend to agree with her. We also give away our time, privacy, and mental wellbeing to constantly produce data for big tech. I argue that in many ways our ‘free will’ is an illusion – a result of algorithms to manipulate more attention and more ad clicks. Therefore, a nuanced reflection of our privacy, health and individual priorities in our digital life is an important pillar of a fair and inclusive digital economy.
Ian: That is a constant problem on the Web – finding models that fit everyone globally.
Jen: In Europe, California, and increasingly China, the regulators approach this problem with more and more limitations and regulations. In China, to respond to centralized sensitive data collection and control, the regulators are introducing data localization rules to protect national security. There are more than 60 regulators around the world that are working on more than 150 various data localization rules. But the web is supposed to transcend borders and jurisdictions. Instead of forcing a balkanization of the World Wide Web, we should enable and empower decentralized data control and ownership that puts the individual at the center. With a decentralised model, it would be harder for one corporate to put national security at risk.
Ian: We are seeing a lot of debate about Elon Musk’s proposal to change policy at Twitter if/when he buys it. In simplistic terms are we trading free speech against hate speech?
Jen: Twitter has become a tremendously powerful platform with its algorithm driving political and social discussions around the world and whether or not Elon believes he is championing free speech for all the right reasons we have to question whether one person should be making decisions with such a huge potential impact for hundreds of millions of people around the world. Elon is using his position to improve things as he sees them, but ultimately even a “better Emperor” is still an Emperor.
Ian: So you are suggesting more regulation of these types of technologies?
Jen: As we discussed, global regulation may not always be appropriate at the local level – this is where public policy comes in. There is an important difference between asking HOW something is done and if something SHOULD be done. Technology is a bit like medicine – we should be exploring, developing, and investigating what is possible without necessarily automatically licensing/approving every discovery, everywhere before understanding the costs, trade-offs, and local impacts. This is about value-driven leadership – moving beyond profits towards benefits and improvements for society as a whole.