Economics
Surveillance Capitalism and the Commodification of Privacy
Quick fact
In surveillance capitalism, privacy is not just violated; it is transformed into a tradable commodity. Your data is collected, processed, and sold to advertisers and other parties, making your personal life a source of revenue for corporations like Google and Facebook.
Why this is interesting
You've probably heard that 'if the product is free, you are the product.' But what does that actually mean when your personal data is the raw material for a multi-trillion-dollar industry?