Posts Tagged ‘toni fan’

Toni Fan: Data Deposit & Transfer

Posted by admin on Friday, September 8, 2017

Toni Fan Money Quote saying it’s routine to move money from one bank to another, but we cannot so easily move our data. Toni Fan said:
 
It’s easy enough to deposit assets, in the form of money, in one bank and withdraw it from another. But it’s far more difficult, if not downright impossible, to transfer personal data Quote
 

“It’s easy enough to deposit assets, in the form of money, in one bank and withdraw it from another. But it’s far more difficult, if not downright impossible, to transfer personal data” — Toni Fan

 

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In this quote, Toni Fan is drawing a comparison between how easily money can be transferred between banks digitally, versus how challenging it is to transfer personal data between organizations in the same seamless way.

The best interpretation is that Fan recognizes it is simple for financial institutions to move assets like money around electronically as needed, but personal data, which is also increasingly digital, faces many more obstacles to being easily portable or “withdrawn” from one source and deposited with another.

Fan sees data as harder to transfer between entities if individuals want control over their information and choice in where it resides. The overall message is that while money is fluid in the digital world, personal data lacks the same liquidity and mobility due to technical and policy limitations.

Toni Fan: Data Economy Income

Posted by admin on Thursday, September 7, 2017

Toni Fan Money Quote saying our work online will be paid enough to fully replace what we do offline to earn a living. Toni Fan said:
 
Data Economy online income will replace wages earned offline, allowing make a living on data Quote
 

“In the next stage of the data economy, online income from digital labor will replace wages earned offline, allowing us to make a living off the data we share” — Toni Fan

 

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In this quote, Toni Fan is predicting that in the future, income earned from digital labor and monetizing personal data online will replace traditional wages from offline jobs. Fan seems to be referring to the growing “data economy” where companies pay users or compensate them in other ways for sharing their personal data and digital activities.

The quote suggests that Fan believes digital platforms will evolve to a point where people can generate an income stream solely from the data they produce, whether through targeted ads, selling anonymized data insights, microwork like content moderation, or other emerging digital labor.

Fan is envisioning a shift where online data sharing and digital work become a mainstream way for individuals to financially support themselves without having to hold a conventional nine-to-five job.

Toni Fan: Digital Trail Worth Money

Posted by admin on Wednesday, September 6, 2017

Toni Fan Money Quote saying digital data trails are highly valued by companies, but we don’t get compensated for any of that value by those who find it so valuable. Toni Fan said:
 
Your digital data trail worth huge amounts of money to corporations Quote
 

“Your digital trail is worth huge amounts of money to corporations and other institutions. Yet you never get to share in its value. Not only that, you barely know who collects it, who sells it, and who buys it” — Toni Fan

 

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In this quote, Toni Fan is pointing out how personal data generated by individuals online has great monetary value for companies but people see little direct benefit or control over how their information is used. The best interpretation is that Fan believes corporations profit greatly by collecting, analyzing and selling people’s digital footprints and behavioral data, but ordinary users see none of these financial returns.

They also have limited visibility into the full process of who exactly gathers their data, who it is shared with for further commercial use through secondary sales. Fan views this as an imbalance where individuals’ digital data is a highly lucrative commodity for others but people themselves are largely in the dark about its exploitation and do not share in the wealth it creates.

The overall message is one of concern over how personal digital information fuels a large, opaque economy without much reciprocity or transparency for those whose data is being monetized.

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