Recent studies, from even as far back as 2012, show that the global data economy is growing exponentially, much faster than previously anticipated. The information that internet users output in their day to day use of the web has rapidly built an industry which is manufacturing and marketing a new commodity-like asset: data. An asset one that will soon be worth more than even the most highly valued commodities. However, this multibillion-dollar data industry, which is sold by data brokers, and is presently built upon a flawed foundation; one which not only permits but benefits data brokers to exploit consumers…

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Source:: The Next Web – Technology

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