Giving up data is worth the reward...

Swapping your personal data for the ability to communicate with anyone anywhere in the world is a good deal. We all know social media and internet companies use our data to show you advertising. But, consider, in the sixties it would have, in today’s money, cost around £5 a minute to call New York from the UK. Today you can video call your friends anywhere in the world for free, via a social platform. Surely it’s worth trading a little bit of personal information for these kinds of benefits?

Posted by Brian Andrew Runciman on 29th Nov 2016
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Vote cast

Strongly Agree : 14 %
Agree : 29 %
Disagree : 14 %
Strongly Disagree : 43 %

Comments (4)

Obiora Patrick Umegbolu

07 April 2017

The businesses can always get our personal information anyways, so why not trade it for some good, and in most cases free services. We give away more personal details easily to Banks, Insurance companies, Credit Referencing and Travel agencies, to mention a few. Who knows for sure what and how the data is used. So even if we read the terms and conditions, some people that are very good with their computers can easily access those information from those private companies, directly or indirectly. We can only be so careful.

John Albert Mitchell

12 December 2016

Little bits of personal information can be integrated to provide a complete picture of an individual, including user IDs, passwords, bank details, NI number and the like. We know that there is no such thing as a free lunch, but the impression given by social media companies is that you are getting something for nothing. We often do not know what the deal is. Who even reads the terms and conditions?

Christopher Fellowes

30 November 2016

Where I think this becomes more of an issue - is where businesses who's services you have been enjoying, then become more commercial - having reached a critical mass of data/users - they look to change the terms and conditions/and or experience (targeted ad's for example) for financial gain. While this is simply part of their business plan, for individuals it is often confusing and feels like they are being cheated out of a service they have been experiencing.

Martin Cooper

30 November 2016

I think the point is, when you make a telephone call you understand the deal. It’s unambiguous and transparent. You pay some cash to be connected across the network. When it comes to free internet services – like social media and blogging platforms – the exchange is much more opaque. People just don’t realise the value of their data and how companies make money from personal information. If they did, they could make a judgement about the relative worth of the service they’re receiving. That’s my take. And I can say, I’m happy to let some services use the data I upload.