Essentially, we’re freely giving away all kinds of data to companies that analyze, package, sell, and profit from it—not just every day, but every hour.
Former Democratic presidential candidate and entrepreneur Andrew Yang wants to change this, and he’s rolling out a framework to do so.
Yang is most well-known for his support of a universal basic income of $1,000 a month for every American.
“We are completely outgunned by tech companies,” Yang told The Verge.
In a pretty big way, we’re all benefiting from the way companies use our data; we get to use apps and services for “free” and the providers get our data in exchange.