Next stop on our #OwnYourData lecture series is University of Michigan's College of Engineering. The Economist magazine and other major business periodicals have touted that DATA IS THE NEW OIL and that we should acknowledge it as such. The 5 largest companies of 2017 are all considered “data companies” and rely on the mining extraction processing and distribution of personal data to garner their market capitalization or pre-market valuation. I will explore the two questions: If our personal data is a naturally occurring resource, just how valuable is it to the other +5 million companies in our economy? And, How much are people owed if they in fact own their data?
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