Governor urges 'data dividend' to share tech wealth

phys.org | 2/13/2019 | Staff
Night987 (Posted by) Level 3
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The new governor of the state that is home to Silicon Valley said Tuesday his team is working on a plan for a "data dividend" that internet firms would pay users.

Governor Gavin Newsom announced the proposal during a "State of the State" address, reasoning that people should share in money that technology firms make off of what they know about users.

Consumers - Right - Data - Newsom - State

"Consumers have a right to know and control how their data is being used," Newsom said, referring to state privacy legislation passed last year.

"But California's consumers should also be able to share in the wealth that is created from their data."

Silicon - Google - Facebook - Multi-billion - Dollar

Silicon Valley-based Google and Facebook dominate the multi-billion dollar global online digital advertising market, using what they learn about users to target advertisements that might be of interest.

The practice...
(Excerpt) Read more at: phys.org
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