Fragmentation of Information Technology
If governments perceive that the corporations of one nation are collecting enormous data stores about their citizenry this may be viewed as a security and economic threat. As such, nations have incentive to create laws that require data to be stored and governed locally. This favors local firms and may lead to a more diverse and fragmented technology industry.Self Censorship
The idea that governments are putting your communications, voice commands, keystrokes, sensor data and digital activities such as web browsing in a permanent database can have a chilling effect on ideas, freedom of speech and adoption of technology such as pervasive computing.Data vs Trust
Many firms don't leverage as much value from a customer's data as they would from the trust gained from stronger guarantees of privacy.Data as a Risk
Data can be compromised due to information security incidents that cause reputational damage and liability.| Overview: Economics Of Privacy | ||
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Definition | The idea that privacy guarantees can stimulate economic activity. | |
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