“Data, Data and More Data,” Wall Street Journal, September 23, 2013 R3 http://on.wsj.com/1gSMrbn
The smart meters monitoring your electricity use have generated a lot of information over the past decade. I guess that information is owned by the electric company, although there are some privacy implications. In any event, the companies have used it for “good,” helping to identify a malfunctioning pool pump costing the user an extra $100/month.
With the volume of data being collected, I couldn’t help but think of Dustin Hoffman in The Graduate. Then the word was “plastics.” Now the word is “Analytics.”
Is this a risk of misuse? With great power comes great responsibility. (Spiderman, by way of Voltaire.)