
A panel discussion for the Festival of Ideas examines whether social media giants are profiting from our willingness to share the most intimate details of our lives online, and whether we should be worried by this compromise to our privacy.
A panel discussion for the Festival of Ideas examines whether social media giants are profiting from our willingness to share the most intimate details of our lives online, and whether we should be worried by this compromise to our privacy.
Never before have we had access to such comprehensive behavioural data about consumers.
Michal Kosinski
One in every nine people on Earth is on Facebook and the average Briton devotes an entire day to the site each month. Personal information, much of it volunteered, has become so prevalent and readily available that for many it constitutes the most powerful marketing tool in human history. 探花直播question is, how is this information being used, and by whom? And, should we be worried?
Listen to the debate here:
From 3:30pm on Saturday afternoon (27 October) at the Faculty of Law, a panel of experts will explore the questions that surround the dream of global connectivity, and the nightmare of human commodity, as part of this year鈥檚 Festival of Ideas.
From social interactions, entertainment, shopping, and gathering information, almost any human activity you can think of is now mediated digitally. As such, these behaviours can easily be recorded and analysed, fuelling the emergence of personalised search engines, recommender systems, and targeted online marketing.
This raises highly sensitive questions about privacy and data ownership. Who should have access to such an extraordinarily powerful reservoir of information, and where it should be stored?
鈥 探花直播widespread availability of extensive records of individual behaviour, and the desire to learn more about customers and citizens presents serious challenges to future society, particularly in relation to trust,鈥 says Michal Kosinski, Director of Operations for the 探花直播鈥檚 Psychometrics Centre and Leader of the e-Psychometrics Unit.
鈥淭rust between consumers and corporations, governments and their citizens, families even can be seriously harmed once people realize how exposed they are in the digital environment. It can all still seem quite innocent, with Facebook 鈥榣ikes鈥 and photos of friends, but new research is starting to show that this seemingly harmless information can be used to make very accurate inferences of highly sensitive traits.鈥
Kosinski, one of the panellists, spends much of his time cultivating and analysing the increasingly immense tracts of data in order to show the precision with which estimations can be made about personality traits, such as openness, extroversion and stability.
鈥淣ever before have we had access to such comprehensive behavioural data about consumers,鈥 says Kosinski. 鈥淎 marketing revolution is upon us, a completely new dimension is added through the combination of scientifically robust personality tests and other demographic information.鈥
探花直播other panellists are William Dutton, Professor of Internet Studies at the 探花直播 of Oxford鈥檚 Internet Institute, Nick Pickles, Director of the civil liberties and privacy campaign group Big Brother Watch, and Mariam Cook, Senior Digital Consultant at PR firm Porter Novelli.
鈥 探花直播web connects us more closely than ever before, giving organisations and brands the capability to understand us, target us, and to fulfil our needs and desires in increasingly sophisticated ways,鈥 says Cook. 鈥淭his presents many fantastic opportunities for marketers, and potential delights for those formerly known as the audience, but it also means great responsibility lies on our shoulders.鈥
鈥淭his presents a challenge - how to balance the apparently conflicting ideals of privacy and openness in all of our data dealings.鈥
But for Nick Pickles, the increasingly heard motto 鈥榠f we're not paying to use a service, then we're the product鈥 is at the very core of this issue: 鈥淥ur personal data is the oil of the internet age and yet we have grown oblivious to how our every movement is being monitored and analysed for commercial gain.鈥
鈥淎s an entire generation outsources it's privacy to social media companies, I believe strengthening individual privacy will soon become a social necessity and a commercial imperative.鈥
Panel discussion 鈥Are we being sold online?鈥 starts at 3.30pm on Saturday 27 October at the Faculty of Law. With Michal Kosinski, Cambridge's Psychometrics Centre; Professor William Dutton, Oxford Internet Institute; Nick Pickles, Big Brother Watch; Mariam Cook, Porter Novelli and the Chair, Spencer Kelly, Click presenter.
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