The first thing I have to say here is “suckers”…I’ll tell you the mathematicians are just putting it out there to see how much data they can scrape and if you don’t wake up to this one…well you are really bliss and can’t tell where the virtual world leaves off and where the real world is, and the problem is virtual world can do harm in the real world too. Hey I have folks I know at Microsoft that are engineers agreeing with me..geez…so wake up. The movie HER does a good job of showing how this is a huge problem…folks are messed up and can’t tell what really has value.
The big pitch is “sell your data” and others, Google included have pondered around in this area…so they are telling you selling it here and cash out cheap as your data will be mined and sold anyway (grin).
Movie “HER”– Good Example On How Folks Can’t Separate And/Or Unite The Virtual With The Real World, Billionaires Are Made Out of Those Who Know How to Keep These Areas “Gray” With Creating and Maintaining The Addictive Code That Does It…
As far as your credit card data, well you are out of luck there with any dollars coming back to you as United and Blue Cross already buy that data and know about every candy bar, tampon, bottle of wine, shoes, that you buy and what size. Blue Cross said they do it to make sure you don’t take a turn towards obesity and watch to see if you start buying clothes a size larger (grin)..that’s what they said and I know you can’t make that stuff up and we all know better than that as they query it with tons of other information…they really think we are stupid I swear and anything to “dummy you down” works out there today. Here’s a good essay to read below about being a skeptic…
“On Being a Data skeptic- Modelers Have A Bigger Responsibility Now Than Ever Before”–A Must Read Essay, Start “Sniffing the Data”…
By the way too MasterCard has some new marketing for you…they think you need to know what your “persona” is…well they tell you what your persona is (grin) and my gosh jump for joy and get so excited over this would you? It will make you just fall all over that “Virtual Engagement Bureau” they created…see what I mean about virtual and real confusion! If you buy into that marketing routine, you really shouldn’t be reading this blog as you don’t get it.
MasterCard As Well As Other Financial Institutions Using Big Data To Get Into Your “Online Pants” As Many Consumers Seem To Be Accidentally And Inadvertently Leaving Their “Internet Fly” Open
And guess what, they talk about hooking up Fitbit, the original mobile device/app that I think created this monstrous data selling model. What do I know…I said would it sell data even before they released it (from my archives)..you read it here first. The other day with the big CVS news…the corporation will just scrape and sell more of your data to make up for no tobacco..that’s why I sad what huge marketing scam as I could care less about what else they sell, just get my prescriptions done right, what I go there for. Temptation got really big and illegal too at Barclays..read this one, makes the Target breach look minimal and by the way the bank is Facebook’s new partner in the UK with a start up company. Walgreens is making at least one billion if not two by now selling data.
Ok so how long before the mobile apps and devices that collect your data start finding a way to use those online dating algorithms that addict? The mathematicians know how to do it to keep you clicking. People click on anything. The other day I made a “shell” of a MeetMe profile, no picture, 2 lines of nothing text, posted it and it had all kinds of hits…lol. Wake up folks..that even surprised me to see piranha like activity like that. So here’s my question, how long before all these mHealth apps work with the dating services to find you a date when you enter data that they can sell? I said that on Twitter earlier today too. Heck even IBM Watson wants in on the action. This is all the virtual world coming into the real world and again the confusion.
IBM Watson Invests in Start Up Company Welltok–Big Data Joins Forces With The Data Selling Platforms…
Time to license and excise tax all data sellers. BD
Time Has Come to License and Tax the Data Sellers of the Web, Companies, Banks, Social Networks..Any One Making a Profit-Latest Microsoft/Google Privacy War Helping the Cause –Consumers Deserve to Know What Is Being Sold and To Who in a Searchable Format
Hogan says that almost 1,500 people have signed up during the beta trial, and that within a few months the service will be open to everyone. The company also might offer people the option of sharing data from lifelogging devices such as the FitBit or parts of their Web search history.
Datacoup is running a beta trial in which people get $8 a month in return for access to a combination of their social media accounts, such as Facebook and Twitter, and the feed of transactions from a credit or debit card. The New York City-based startup plans to make money by charging companies for access to trends found in that information, after it has been removed of personally identifying details.
Most people already trade their personal data every day. By typing into Google’s search box, or using a grocery store loyalty card, they get a free service or discount in return for letting marketers glean prized traces of their behavior. Now Datacoup CEO and cofounder Matt Hogan says he is offering a way for people to get involved more directly in the market for information about their activities. “If a consumer wants to make an educated decision, they should be able to sell their data to who they want,” he says.
Hogan argues that encouraging people to think more about their data and its value could inspire them to demand more transparency from other companies that sell personal information. “We’re in the consumer’s corner,” he says. “I happen to believe that putting you in control of your own asset, your data, makes for a more efficient market.”