Your personal data has a dollar value, but you’re not the one who will profit
Your personal data has a dollar value, but you’re not the one who will profit
Publish Date: 2026-05-27 17:49:00
Source Domain: komonews.com
- Personal data from Americans is considered an invaluable asset for AI companies, advertisers, data brokers, and other digital revenue players.
- This data, gathered from various online activities, contributes to the development of advanced, personalized AI systems.
- A report by the Web3 Foundation suggests that an average American’s data is worth approximately $6,563 annually and $393,785 over their lifetime.
- The value of an individual’s data varies globally, with American data being more valuable than European and global data.
- As data becomes easier to gather through AI advancements, the risk of data breaches and subsequent financial losses also increases; it’s reported that the FBI’s latest internet crime report recorded over $1.3 billion in losses due to data breaches in the United States last year.