Imagining a world where consumers owned & benefited from their data with Wes Chaar

About this episode

Wes Chaar discusses the transformative idea of personal data ownership and its implications for individuals and the economy.

On this episode of Now that's Significant, a market research podcast, hosted by Michael Howard, Wes Chaar, a former aerospace engineer turned analytics expert, discusses transforming data ownership from agencies and corporations back to individuals, promoting a paradigm shift in data management. The discussion posed some challenging considerations, which included benefits and incentives. Key points of discussion include: 1. Personal Data Ownership: Wes introduces a revolutionary idea to transition personal data control from corporations to individuals, where data can be consented, controlled, and potentially monetized by individuals themselves. 2. Economic Impact of Personal Data: The conversation unveils the significant contribution of personal data to the economy, emphasizing the need for individuals to have control over their data, akin to managing financial assets. 3. Technological Enablement: Mike and Wes delve into how technology, such as blockchain, can facilitate new models of data ownership that ensure data authenticity and traceability, empowering individuals to control their data. 4. Ethical Considerations in AI and Analytics: Wes shares his concerns about the ethical…

People in this episode

Host: Michael Howard

Guest: Wes Chaar

Topics covered

• data ownership
• personal data
• economic impact
• technology
• ethical considerations
• market research

Keywords

• data ownership
• personal data
• blockchain
• market research
• ethical AI
• data management

Mentioned in this episode

Organizations: blockchain, AI, market research

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