Chapter
Balancing Individual Data Privacy and Commercial Uses of Data
1:20:58 - 1:28:15 (07:17)
The speaker is optimistic about finding a better compromise in balancing individual data privacy and commercial uses of data. There is a need for individual privacy guarantees and control of their data despite the weak guarantees and little control at present.
Clips
The possibility of balancing the desire for individual privacy and individual control of privacy with societally and commercially beneficial uses of data is promising, as seen through the concept of differential privacy.
1:20:58 - 1:26:04 (05:06)
Summary
The possibility of balancing the desire for individual privacy and individual control of privacy with societally and commercially beneficial uses of data is promising, as seen through the concept of differential privacy. The idea of a conceptual framework through differential privacy could potentially allow for the demystification of the value of different people's data.
ChapterBalancing Individual Data Privacy and Commercial Uses of Data
EpisodeMichael Kearns: Algorithmic Fairness, Bias, Privacy, and Ethics in Machine Learning
PodcastLex Fridman Podcast
The revenue of Google and Facebook depends on running two-sided markets between publishers and content providers on one side and advertisers on the other, with users as the actual product being sold through data exchange.
1:26:04 - 1:28:15 (02:11)
Summary
The revenue of Google and Facebook depends on running two-sided markets between publishers and content providers on one side and advertisers on the other, with users as the actual product being sold through data exchange. This model has significant economic implications for society.