I was thinking about the scenario today, as it turns out we are still having the same debate on a whole different scale. One of our basic freedoms as humans is where we can choose to share and further have a choice between the intended use and recipients of the information we share, as we progressed along with the social dynamic of internet, we have came a long way, we do share and reveal extra ordinarily so much more than usual, where we do get an illusion of choice of its visibility, usage and privacy for that matter, with such advancements and the such higher rates of sharing, so much more information is being collected by organisations.
Its being said the sexiest job you could have in this century is of a data scientist and its only fair to point the obvious benefits and the positive gain from the analysis of this big data. Advancements in Financial services, bioinformatics, genomics, medicine, advertisement, without it you won’t be able to see some the most fantastic innovations, such as the IBM’s Watson or Google’s self driving cars, with the arrival of cloud computing we will be able to do this analysis on a much larger scale, which would be helping us to get to the results with ever more agility and speed.
No one can or is denying the benefits, we have to progress, organisations do have to collect this data and I would really like to have a self driving car more sooner, but there are severe tradeoffs when we give up the right to privacy.
Any personal information can become sensitive information. The enormous personal data into social networks is creating an opportunity for an advanced, accessible technology with help from technologies like the cloud, the internet of things and the public databases. It has the potential to shatter our privacy by miles. Alessandro Acquisti tested this hypothesis by screening photos with facial recognition software, public databases, and personal information from social media networks, a complete profile can be created with an unnerving sense of ease.