Tech companies have exploited users' data for too long. Our data is our property. The Data Dividend Project is a movement to empower Americans to take back control of their data. Join today to have our team advocate for your data rights on your behalf.
During my campaign, I argued that our data should be ours. That sounds obvious, but today big tech companies and data brokers are selling and re-selling our data every day and we are none the wiser.
Today, I’m announcing the launch of the Data Dividend Project. A movement to empower Americans to take back control of their data. The tech companies have billions of dollars and hundreds of lawyers. What does the average citizen have? The DDP aims to gather together hundreds of thousands of Americans to collectively bargain for your data rights that are currently being exploited by the big technology companies. The tech companies will be faced with a choice -uphold their users’ data rights, compensate users appropriately or risk losing their license to the data that fuels their business.
It's called the Data Dividend Project because the goal is to change the status quo so that, if you choose to share your data, YOU can get paid for the use of your data. After all, if anyone is making money off of your data, shouldn’t it be you? Sign-up today at ddpforall.com.
@andrewyang very interesting. Do you plan to partner with products like Brave who are already going something in this realm, or remain completely independent?
@andrewyang Honored to upvote your project. Why did you choose to launch on Apple WWDC day, you're bound to have the media bury your story to an extent? Is the goal of this project primarily to drive awareness, or do you think real change needs to come from regulation?
Huge fan of you and your campaign, @andrewyang!
What are your thoughts regarding how far this will extend, e.g. indirect revenue gain (such as improvement of machine learning models in other areas, an example being Google's Cloud products), smaller/non big tech ad networks, or startups/growing companies? I ask as my back-of-the-envelope math suggests big tech's advertising revenue per user is relatively low (multiple sources put North American annual ad ARPUs at <$100 at the biggest tech co's)
In any case, it's an awesome idea!
@andrewyang, @clara_chung, @enoch_liang Well done to the team on this! As another entrepreneur in this space, I'm curious if your approach is specifically regulation-based, like legislation for tech companies to redistribute a % of their revenue from data to the end user? Or is there any technical / business approach incentivizing data buyers to directly pay consumers for their data?
@andrewyang Access from your Country was disabled by the administrator.
Why disable the access to your website based on location? I had to use a VPN to access it, that is stupid and breaks the whole purpose of the World Wide Web
@andrewyang@clara_chung@enoch_liang This is an interesting idea! I'm of the same mindset as @rrhoover -- curious to see how sizes roll out and how it will possibly affect data gathering and usage moving forward. Are we going to see a flurry of new laws like the one in CA? Perhaps most intriguing to me personally is how this could possibly impact the interplay between large tech and politics. Will certainly be keeping an eye on this -- great launch!
@andrewyang@clara_chung@rrhoover@adammarx13 Thanks Adam! The CCPA is the first law of its kind in the United States, though Nevada also has
its own law already, and many other states are considering similar legislation. The CCPA 2.0 (called the California Privacy Rights Act) is also on the ballot in California this November, in an attempt to further strengthen the CCPA.
Data is valuable to brands/marketers/advertisers/etc., but not for individuals. So how is data the most valuable asset in the world? It takes a LOT of data to make it worthwhile, usually more than 1 persons worth of data.
Consumers are waking up to the misuse of their data, hence the legal regulatory jumps being made with CCPA and other e-Privacy changes (browsers, too!)
"If you choose to share your data, YOU can get paid for the use of your data." -- at Loginhood (https://loginhood.io) we couldn't agree more; we're doing just that: rewarding consumers for sharing their data (and stopping others that collect it)!
A user-shared data economy is coming. Thank you @andrewyang for using your platform to bring about this new (better) world.
> Please note that this written authorization enables DDP to act legally on your behalf in a limited area--only as it concerns your data rights.
Nowhere on the entire website does it say what kind of legislature does DDP is/ will be advocating for.
The idea of users getting paid a slice of revenue generated using their submitted data is attractive to consumers for obvious reasons, but there is just no practical way to implement it.
For starters, it is near impossible to quantify value of individual data points. Putting aside the complexity (and near impossibility) of quantifying value of individual data points, the lines between user inputted data and derived data (e.g. algorithmic forecasts based on user behaviour) are grey at best. Assuming we somehow figure out how to bucket user information and quantify cost per data access, all this would do is force websites to extend their terms of service to explicitly opt out of the offered data protections.
The right solution is public education and creating incentives for new, data privacy-cautious startups.
@kuizinas Well said. I would also highlight that creating an internal (or external) marketplace to "self-regulate" the costs of privacy dividends distorts the value of data collected on the user. This poisons and gamifies user experience towards financial incentives that can marginalize the end user for the product owners profit.
If you knew that certain actions lead towards certain rewards, the "designed" path to take will be the most desirable journey (and unintentional for maximum personal financial gain). Like mice in a maze, the desired outcome and reward may not match the value of what the owners got out of user-action audit, how deep should dividends qualify profit for the user? Dark patterns lead to dark strategies, therefore market regulation needs to be in tandem to eliminate monopolies from the start.
@andrewyang - Look at the dialogue from the Pujo Committee as direction for Facebook, Google, and Twitter (mass comms re: Louis Brandeis efforts to break up monopolies).
Report
?makers Two questions: How do you plan on funding the efforts to negotiate with companies and create revenue for your company? My first assumption is that you require a percentage of the payments you negotiate for. Also, do you have a link to that legislation bill they passed in California? I'd like to read it. Thanks!
I cannot able to register in Data Dividend Project from INDIA. My PIN Code which I entered is not accepting this site? Is this meant for worldwide or only meant for USA people?
This is a great idea @andrewyangvfa. Loginhood.io is currently solving this problem. Users can make $1/mo for their data just by installing their browser extension. Goal is to get it to $10/mo in next few years!
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