Negotiamini Media
Truth is Powerful

Building a better data economy

3

It’s “time to wake up and do a better job,” says publisher Tim O’Reilly—from getting serious about climate change to building a better data economy. And the way a better data economy is built is through data commons—or data as a common resource—not as the giant tech companies are acting now, which is not just keeping data to themselves but profiting from our data and causing us harm in the process.

“When companies are using the data they collect for our benefit, it’s a great deal,” says O’Reilly, founder and CEO of O’Reilly Media. “When companies are using it to manipulate us, or to direct us in a way that hurts us, or that enhances their market power at the expense of competitors who might provide us better value, then they’re harming us with our data.” And that’s the next big thing he’s researching: a specific type of harm that happens when tech companies use data against us to shape what we see, hear, and believe.

It’s what O’Reilly calls “algorithmic rents,” which uses data, algorithms, and user interface design as a way of controlling who gets what information and why. Unfortunately, one only has to look at the news to […]

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