Tech Report: New study claims tech firms could earn $1 million from user data

Study: Big Tech Can Extract $1 Million Per Person from Personal Data Over Lifetime

Tech companies could extract up to $1.08 million per U.S. resident from their personal data over a 60-year internet usage period, according to a study by the Web3 Foundation. The free-internet group analyzed data from ages 13 to 73, a typical person's main web-using years, and found that even a worst-case scenario would yield $610,029 per resident. [1] The study projected that artificial intelligence (AI) companies such as Surge AI could generat…

Tech Report: New study claims tech firms could earn $1 million from user data

(LILAMAX)- A new study is raising questions about the value of personal data and how much technology companies may profit from it over time. According to the Web3 Foundation, companies that collect and track user data could generate as much as $1.08 million from a single American over the course of roughly 60 years, from ages 13 to 73. The study suggests artificial intelligence companies could potentially earn even more from the vast amounts of …