The Sleeping Giant of Data Privacy

Data drives decisions of the worlds largest companies but in a world with constant data, how do you make sense of it? Host TC Riley, puts the world under the lens of data and analytics and explores current news, B2B trends, and popular topics.

 

The price users pay for consumer electronics is usually not the primary source of revenue for those that sell them. What’s most valuable is the data they collect on users. If companies can gather and monetize data, consumers get more affordable prices, and tech companies enjoy large profits. But what happens if data privacy regulations throttle this? Will the economy take a nosedive? On Diving into Data, host TC Riley breaks down the economic consequences of data privacy.

“Consumer data is underrated and isn’t factored into the big economic picture. This data largely subsidizes the cost of consumer electronics,” Riley said.

Consumer data has a high value because it fuels ad revenue on digital channels. To illustrate the value of data, consider Microsoft’s acquisition of LinkedIn and Facebook’s purchase of WhatsApp had nothing to do with the tech and everything to do with the data.

If big tech companies are turned upside down with data privacy regulations, their stocks will tumble, as will the entire market.” – Thomas Riley

Next, Riley offered a refresher on inflation, as it’s another economic force that ties into consumer data value. Riley made this hypothesis. “Inflation is being held artificially low due to the value of consumer data to many companies creating these consumer goods.”

For example, Apple sells an iPhone for $1000 and recoups its money through advertising revenue. The irony is that Apple is championing data privacy with its latest software update.

If data collection restriction becomes the norm, consumer data value will plummet. Should that happen, the economy could be in for a disruption. It may start as Facebook running more ads or no longer being free. Then stock prices fall for big tech, which now makes up around 20% of the S&P.

“If big tech companies are turned upside down with data privacy regulations, their stocks will tumble, as will the entire market. On top of that, consumer goods prices will rise, creating a further tailspin in the market.”

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

Financial Advisor
The Must-Have Financial Advisor Tech for 2025
February 13, 2025

The financial advisory industry is undergoing rapid technological change, with AI-driven tools, alternative investments, and social-driven platforms reshaping the landscape. With rapid advancements in fintech, advisors are under increasing pressure to integrate cutting-edge technology into their practice. But with so many options, which tools are truly game-changing, and which are overhyped? A critical resource…

Read More
English Proficiency: Opening Doors to International Health Careers
English Proficiency: Opening Doors to International Health Careers
February 13, 2025

In this special episode of Care Anywhere: The Global Health Workforce Podcast, host Lea Sims, Chief Marketing Officer and Host at CGFNS International, dives deep into the critical role of English language proficiency in global healthcare workforce mobility. Joined by guest Spiros Papageorgiou, Principal Measurement Scientist at ETS, the discussion unpacks how language proficiency benchmarks…

Read More
employer-built healthcare
Employer-Built Healthcare Plans: Controlling Costs and Transforming Care
February 12, 2025

The rising cost of healthcare continues to strain employers and employees alike. With premiums climbing at a rate outpacing inflation, many organizations are burdened with high costs and subpar outcomes. Employer-built healthcare models are emerging as a potential solution, enabling organizations to take control of their healthcare systems. According to the Kaiser Family Foundation,…

Read More
payment processing
Maestro PMS All-In-One Solution Provider Unveils 2025 Tech Roadmap Featuring API Interface Expansion, Embedded Payment Processing Enhancements and More
February 12, 2025

Industry leading property-management system continues to innovate its solutions by overhauling its user experience, expanding access to embedded payment processing, enhancing its sales and catering module, developing integration to Booking.com and more MARKHAM, ONTARIO, February 11, 2025 — Following a banner year for hotel technology investments,  Maestro PMS, the leader in All-In-One cloud hosted, private…

Read More