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Communications of the ACM

ACM Opinion

It's Time to Tax Companies For ­sing Our Personal Data

valuable user data, illustration

Credit: The New York Times

The personal details that users give to a company in exchange for a product like a photo app or email are worth by some estimates $1,000 per person per year. The value of personal data is primarily locked up in the revenues of large corporations. 

But companies shouldn't be the major, and often the only, beneficiaries. Those financial benefits need to be shared, and the best way to do it is to impose a small tax on this revenue and use the proceeds to build a better, more equitable Internet and society that benefit us all.

From The New York Times
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