In 1993, The New Yorker ran a cartoon about two dogs on a computer surfing the internet, one saying to the other, “on the Internet, nobody knows you’re a dog.” Twenty-five years later the cartoon has become iconic, but it’s apparent that almost the exact opposite sentiment is true — although the Internet offers many things, it certainly does not provide anonymity.
At the core of this transformation over the past two-and-a-half decades is the rise of the data-driven economy, which is fueled by companies’ ability to commercialize the data generated by online behaviour. The implications of data collection are only starting to be realized, and extend into many planes of public life, including security, health and even the well-being of democratic institutions.
In this video, CIGI President Rohinton P. Medhora explains that in order to mitigate the threats of the data-driven economy, nations must find the balance that allows for economies to flourish, while preserving the privacy of their citizens and the security of their democracies.
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