We live in a kind of digital feudal economy these days….

“We live in a kind of digital feudal economy these days. We live on land we don’t own, and we provide the masters of the realm (Facebook, Google, etc.) with unlimited free access to our data and behavior, which they monetize for billions of dollars. We get to keep our little plots of digital land for free and are otherwise pretty much at the whim of the feudal masters.”

Why Your Personal Data Is The New Oil | DigitalNext: A Blog on Emerging Media and Technology – Advertising Age

 

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