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Jul 24, 2024
The Next Phase of the Data Economy
New White Paper Explores The Forthcoming Inversion of Internet
For the first time, startup leaders, big tech, academics, investors and activists have come together to publish a white paper about a revolution in the data economy, and the impending shift towards individual control over personal data. Imagine an internet where platforms have to sign your privacy policy, instead of you signing theirs! This reimagines the landscape from centralized data aggregation by large platforms to a decentralized model where individuals manage their data – a major blow to big tech.
This has been a decades long effort, and the imminent shift is driven by regulatory changes like the EU’s Digital Markets Act mandating greater data privacy and user consent, technological innovations enabling interoperability and secure data management like IEEE P7012, and, importantly, growing consumer adoption of interfaces that allow people to aggregate their own data in personal data stores – driven by applications like Shelf.
The White Paper is pending publication.
