In the current day and age, people have initiated to be paranoid about their privacy online and offline because of corporations as well as the government. It has evolved into such a significant issue that many people say that their data is being accumulated daily, but do this apprehension and stigma hold any validity to it, or is it even worse to have your data collected?
Data-driven products are often marketed as good for the user by giving them better services and even health benefits, though this does not put the general public’s fear about their data being collected to rest.
Data-driven products are often marketed as good for the user by giving them better services and even health benefits if the data about the consumer is there with the company they can customize it according to the needs of the consumer. take the example of a health services-related data-driven approach it would be faster and more precise, however, this does not put the general public’s fear about their data being collected to rest.
For instance, in America, eighty-one percent of the population says that the risk outweighs the benefits as there’s little to no control over the data and personal profiling they have on them, which makes it unnerving for the average person as any company is at risk of a data breach, not to mention some companies might outright refuse to accept that there’s been a mistake made by them.
Not to mention many people might skip the paragraph containing the company’s privacy and data collection policies, which makes it easier for the companies to collect data but harder for a person to fight against it. We all are guilty of it as these can be long paragraphs containing numerous rules and regulations without even reading we accept them and that’s become the opportunity for companies to accumulate data. Many people admit they skip or do not read the privacy and policies section, but does that even help?
How is someone considered to understand laws, regulations, and privacy policies? For example, in America, seventy-two percent of Americans feel that almost all the things they do online are being tracked by advertisers, tech companies, or the government, and many Americans think there’s little to no power over the data flow that’s been tracked. Of course, the data tracked doesn’t stay with companies; they might share it with the government or even other companies to sell products to customers, who are interested in them, as mentioned in the privacy policies section.
So yes, data tracking is an existing situation, and cognition of this has lately become a popular subject among people. these are not only the worries of the general public but also the intellectual property, IPRs, or intellectual property rights, which are fundamental for today’s society, and they play a big role in the socio-economic development of nations. IPRs refer to copyrights, patents, and trademarks. A few examples of IPRs being damaged are piracy of software media and even literature, which harms the publisher or even the producer of the software or literature, etc., which is destructive to many industries that are based on online media
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