Advances in technology, such as the increase in data mining, the spread of smartphones and tablets, and improvements in internet connectivity, have created a data-rich world where the economic and social value of personal data has increased immensely. The increase in the value of data has spawned a new form of value creation dubbed "informational capitalism," or sometimes derisively, "surveillance capitalism." Enter "personal information management systems." These tools form part of an emerging market that may upend the current methods of gathering, managing and using personal data, leading to a revolution in how individuals control and manage their identity, consent and privacy preferences. In this post for Privacy Tech, Northeastern University Law Student Allen Loayza explores the implications of the developing digital ecosystem.
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