Wednesday, March 07, 2018

Your Data Is Crucial to a Robotic Age. Shouldn’t You Be Paid for It? - The New York Times

From a timely personal data reality check

"As Mr. Lanier, Mr. Posner and Mr. Weyl point out, it is ironic that humans are providing free data to train the artificial-intelligence systems to replace workers across the economy. Commentators from both left and right fret over how ordinary people will put food on the table once robots take all the jobs. Perhaps a universal basic income, funded by taxes, is the answer?

How about paying people for the data they produced to train the robots? If A.I. accounted for 10 percent of the economy and the big-data companies paid two-thirds of their income for data — the same as labor’s share of income across the economy — the share of income going to “workers” would rise drastically. By Mr. Weyl and Mr. Posner’s reckoning, the median household of four would gain $20,000 a year."
Your Data Is Crucial to a Robotic Age. Shouldn’t You Be Paid for It? - The New York Times
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