Markets and Incentives for Transacting on (Personal) Information, Part I
summary
Proposes a practical model where a data co-op aggregates members’ disparate personal records, negotiates access with buyers, and sells aggregate products while returning some revenue and policy choices to members; core claims are three pillars—creation of value, delegated decision-making, and rigorous security/privacy auditing. Describes concrete tools: centralized analytics, membership preference profiles, legal advocacy, and in-coop model training; flags surprises and failures to solve: subpoenas, takeover risk, single-point-of-failure, and hard launch strategies (which domains first, how many members needed, governance design).
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chapters (12)
- 0:00Start
- 6:26Missed opportunities for innovation
- 10:39Many ideas out there...
- 12:23Three pillars of a solution
- 15:42One vision of a data co-op
- 18:26Co-ops could enable control by...
- 21:44Some concrete questions
- 37:37Rethinking existing applications
- 40:38Enabling innovation
- 42:38Potential roles of the co-op
- 49:05Pitfalls and risks
- 51:20Ground rules
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