Two stories from today’s WSJ, both turning on the issue of who owns the information you generate using appliances.
“Internet of Things Spurs Rush,” The Wall Street Journal, September 16, 2015 B6. Companies harvesting data from the sensors in vehicles and thermostats struggle a bit to find a way to use that information.
“What Apple Doesn’t Want To Know About You,” The Wall Street Journal, September 16, 2015 D1. Apples struggles to provide useful services without compromising your privacy (more).
Information is different from other assets. It has one value when you alone have it. It has another when a company can also see it and leverages it to make a better product (or to sell you a different, not-necessarily-better) product or service.
Are “we” getting a fair portion of the value derived from “our” information?