Data Cooperatives
https://wip.mitpress.mit.edu/pub/pnxgvubq/release/2
This document explains the concept and importance of data cooperative. The main points are summarized as follows
- data concentration and power issues:. - - There is growing concern that a small number of companies hold large amounts of data and power. - - As in the past during the industrial revolution and the development of the banking industry, there is a need for organizations to protect the rights of citizens.
- definition and role of data cooperatives:. - - An organization in which individuals voluntarily share data and use it for the benefit of the group as a whole. - - Protects members’ data rights and negotiates on their behalf with large corporations and government agencies.
- advantages of data cooperatives: 1. - - Enables community economic growth projections and analysis. - - Support small business planning. - - Increase the resilience of the job market. - - Helping to build social trust and capital.
- feasibility: (1) - - Existing community organizations such as credit unions can be leveraged. - - No new laws are needed, but regulation and supervision are necessary.
- challenges and prospects - - The value of personal data is currently low, but could become important in the future. - - Data cooperatives are expected to be a new system of collective representation of individual data rights.
It emphasizes that data cooperatives are an important concept with the potential to contribute to community development while protecting individual privacy.
Production Cooperative Cooperative
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