The MyData movement is rightly strong on issues like human rights, data ethics, fairness and data governance. But while it likes to talk about economic benefits it’s not been clear where these benefits come from.
In this talk, Mydex Community Interest Company chairman Alan Mitchell draws on the company’s 16 years’ experience as a personal data store provider to show why and how:
- most commentators have been looking for these economic benefits in the wrong places
- empowering citizens with their data can and will unleash an economy-wide productivity revolution – a transformation as big as the invention of mass production – using data sharing processes where no money changes hands, where no data is monetised and where no profiteering is possible.
This economic breakthrough raises important questions about MyData’s strategy. Policies, services and campaigns focused on human rights, data ethics and fairness are essential. But are they enough? Can the MyData movement open up a ‘new strategic front’ that appeals to economic benefits to place it firmly at the top of Governments’ and organisations’ policy agendas?
Speaker: Alan Mitchell
Session host: Tiina Härkönen