eli5: how does selling data work? why exactly should i care about wether or not something is selling my data to others?

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eli5: how does selling data work? why exactly should i care about wether or not something is selling my data to others?

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Anonymous 0 Comments

As to why you should care watch Carole Cadwalldr’s TED talk on Cambridge Analytica. As for selling data, commerce is based on consumer information. Let’s just make up an over simplified example, I get T shirts made in Bangladesh that cost me $2 each landed in my home country. I could sell them for 4 bucks and make a profit or I could locate a market of people that would be very motivated to buy this particular t shirt design and then sell it to them for 50 bucks instead. How do I locate or create this market group of people?…data.