Versuchen GOLD - Frei
Our data privacy safeguards could also go against us
Mint New Delhi
|May 21, 2025
Keeping our personal data away from innovators may reduce the benefits we derive from AI
The first country to seriously address the issue of protecting digital personal data was the United States of America. In a report titled Records, Computers and the Rights of Citizens issued in 1973, it set out a list of data protection principles called the Fair Information Practice Principles (FIPPs).
FIPPs required organizations to provide notice before collecting personal data and seek consent before processing it. Only as much personal data as was necessary to achieve the specified purpose could be collected, and it could only be used for the purpose specified. Organizations had to keep personal data accurate, complete and up to date, and give individuals the ability to access and amend it as required.
If all this sounds familiar, it is because it is. These principles have been incorporated into all modern data protection laws—from Europe's General Data Protection Regulation to India's Digital Personal Data Protection Act. It is where concepts like notice and consent, purpose specification, use limitation, data minimization and retention restriction come from, and it is remarkable how 50 years after they were first conceptualized, they continue to be used to protect personal privacy.
Or do they? In the 1970s, our ability to process data was limited, constrained by computational power and storage capacity. As a result, very few organizations could afford to process personal information at a scale that would affect our privacy. Since companies had to be selective about what data they collected and used, it made sense to require them to constrain the uses to which they put the data and for how long they retained it.
Diese Geschichte stammt aus der May 21, 2025-Ausgabe von Mint New Delhi.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint New Delhi
Mint New Delhi
PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut
Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.
2 mins
November 27, 2025
Mint New Delhi
Fintechs turn fund magnets with cross-border licensing
Funders see growth prospects in central bank's payment aggregator-cross border licensing
3 mins
November 27, 2025
Mint New Delhi
'First-gen founders take bigger investment risks'
India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.
2 mins
November 27, 2025
Mint New Delhi
Fundamentum readies four portfolio startups for IPOs
Nandan Nilekani-led venture capital firm Fundamentum is lining up at least four companies in its portfolio for a public listing over the next 12-24 months, co-founder and partner Ashish Kumar said.
2 mins
November 27, 2025
Mint New Delhi
Ukrainians resist pressure from Russia—and Trump
Battered by nearly 4 years of war, Ukrainians don’t want to make big concessions to Moscow
4 mins
November 27, 2025
Mint New Delhi
These firms will sell shovels during semaglutide gold rush
Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.
2 mins
November 27, 2025
Mint New Delhi
IL&FS group repays ₹48,463 cr loan
Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.
1 min
November 27, 2025
Mint New Delhi
From playlists to pay-lists— streaming platforms go flexi
Audio streaming platforms reshape their business models to turn free listeners into paying subscribers, tiered pricing and micro-transactions have become key to their survival in a market where users are reluctant to pay for content.
2 mins
November 27, 2025
Mint New Delhi
AI trade splinters as Google challenges Nvidia’s dominance
Investors are sending two leaders of the AI trade in opposite directions.
3 mins
November 27, 2025
Mint New Delhi
Is Bengaluru’s appetite for fast food restaurants waning?
Quick-service restaurants have flagged weakening demand in the key market
2 mins
November 27, 2025
Listen
Translate
Change font size

