Should Google and Facebook users be paid for their data?

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Business Extra

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"Last year, between Apple, Tencent and Google, their combined revenue in one year was hundreds of billions of dollars. But who got paid?" Jennifer Zhu Scott, executive chairman of The Commons Project and a leading voice on technology and artificial intelligence, joins Mustafa Alrawi and Kelsey Warner to discuss her idea that Internet users be paid for the data they share with companies who are profiting from consumer insights. In this episode: Overview of US Dept of Justice case against Google (0m 38s) Why users should get paid for their data (5m 08s) What is The Commons Project? (9m 34s) How to fix a 'broken' Internet (11m 45s) How a data commodity market might work (16m 08s) Headlines (19m 34s) Read more on our website: • US justice department files biggest antitrust lawsuit against Google (https://www.thenationalnews.com/business/us-justice-department-files-biggest-antitrust-lawsuit-against-google-1.1096777) • The age of misinformation: Can social media sites actually stamp out false content? (https://www.thenationalnews.com/arts-culture/comment/the-age-of-misinformation-can-social-media-sites-actually-stamp-out-false-content-1.1097671) • Facebook offers 'holy grail' data set to tackle renewable energy's unsolved problems (https://www.thenationalnews.com/business/energy/facebook-offers-holy-grail-data-set-to-tackle-renewable-energy-s-unsolved-problems-1.1094114) • The damaging effects of social media addiction: ‘A generation that shows itself, but doesn’t know itself’ (https://www.thenationalnews.com/lifestyle/wellbeing/the-damaging-effects-of-social-media-addiction-a-generation-that-shows-itself-but-doesn-t-know-itself-1.1098683) • Citigroup expects UAE hub to maintain five-year growth track despite pandemic (https://www.thenationalnews.com/business/banking/citigroup-expects-uae-hub-to-maintain-five-year-growth-track-despite-pandemic-1.1100511) • Robust healthcare systems and timely GCC policy actions averted deeper crises, IMF says (https://www.thenationalnews.com/business/economy/robust-healthcare-systems-and-timely-gcc-policy-actions-averted-deeper-crises-imf-says-1.1099649) • Aldar signs deal with ADQ to develop and manage Dh30bn in government capital projects (https://www.thenationalnews.com/business/property/aldar-signs-deal-with-adq-to-develop-and-manage-dh30bn-in-government-capital-projects-1.1099281)