One thing that confuses me is, well, at this point in the data collection game, is there still value in this 'local' data? I mean, everyone is doing it, collecting the same data - hasn't that decreased the value? Obviously not, but I still wonder.
One thing that confuses me is, well, at this point in the data collection game, is there still value in this 'local' data? I mean, everyone is doing it, collecting the same data - hasn't that decreased the value? Obviously not, but I still wonder.
> everyone is doing it
Not in my house. What is even the point of connecting a coffee machine or a washing machine to the internet? I think my washing machine advertised that I could download new washing cycle programs in the app. Who on earth cares?
I could see its use - you could remotely activate them. Or activate them on a timer that isn't constrained by the functions of the coffee machine.
None of these are worth the spying that these companies do though.
If there's one thing you can be absolutely certain of it's that every scrap of the data they collect is either making companies money hand over fist or they strongly believe that it will soon. No company is going to bother collecting, storing, (hopefully securing), backing up, and analyzing all this data without a reason, and to them money and power are the only reasons that matter.
Right now companies are somewhat limited in how much use they can get out their horde of private and personal information, but AI is changing that rapidly. As long as you don't mind a huge rate of error (and companies don't because it all becomes "good enough" at a large enough scale) it's basically perfect for the task of digging through endless amounts of information and spewing out bullet points.