The Urgent Need for Consumer Data Ownership & Control in the Age of AI

– Amber Hartley, Chief Strategy Officer, BurstIQ

In our increasingly data-driven world, consumer privacy has become a paramount concern. While current consumer privacy
laws have made strides in providing users with more control over their data, significant challenges remain. 

This Knowledge Burst explores the limitations of existing regulations and emphasizes the importance of direct data ownership and control for consumers, especially in light of the exponential growth of artificial intelligence (AI). Additionally, we highlight the need for more modern government technology solutions that enable inter-agency coordination, data unification, and accountability.

The Illusion of Control

On the surface, the recent proliferation of consumer privacy laws offers a glimmer of hope that consumers will have greater power over how their data is used. Companies must now provide users with more granular control over their data through user-configurable security settings and data-sharing preferences. However, upon closer inspection, these regulations fall short in several critical areas.

First, current consumer privacy laws fail to confer actual data ownership to consumers. While users may have the illusion of control with toggles and click boxes at the app layer, companies still maintain a firm grip on the data itself. This means that even if a user opts out of data sharing, companies can still find ways to monetize and share that data without the user’s explicit knowledge or consent.

Second, enforcement of these laws often relies on user click-throughs and dense legal contracts, where dispute resolution heavily favors the company. This power imbalance leaves consumers at a distinct disadvantage, with little recourse when their privacy is violated.

These current regulations assume a Web 2 world, in which data is owned by the company that physically controls the database. However, data privacy technologies have advanced significantly in the last 10 years. The next wave of consumer privacy regulations needs to go beyond application-based privacy settings and instead provide for consumers’ direct data ownership and control.

The AI Data Ownership Imperative

The emergence and rapid adoption of AI further underscores the urgency for direct consumer data ownership and control. Without adequate consumer protections, consumer data can be easily harvested to create eerily accurate digital twins – AI personifications that mimic an individual’s appearance, speech patterns, and behavior. These digital doppelgangers can be used by companies to predict and influence consumer behavior with unprecedented precision, making it nearly impossible for individuals to resist targeted marketing and manipulation.

But the dangers don’t stop there. In the wrong hands, these personal AIs can be weaponized to create deep fakes virtually indistinguishable from the real person. Imagine a world where your digital persona can be hijacked and used to spread misinformation, commit fraud, or worse – all without your knowledge or consent. This represents a significant threat to individuals’ online identities and privacy.

The solution lies in giving consumers direct ownership and control over their data. By empowering individuals to decide what data they share with companies and AI-enabled services, we can create a future where personal AIs serve the interests of the individual, rather than being exploited by third parties.

Regulating the Wild West of AI Data Ecosystems

As data becomes more complex and interconnected, the need for robust regulation becomes increasingly apparent. Data ecosystems, where individuals and businesses interact and share data for AI and monetization purposes, are quickly becoming a reality. Without proper oversight, they risk becoming a digital Wild West where consumer privacy is routinely trampled in the pursuit of profit, not unlike the current Web2 world we live in today.  

Governments must be proactive in regulating these ecosystems to prevent the emergence of data monopolies – where a single company or group of affiliates effectively controls the flow of data, stifling competition and innovation. This requires a new approach to antitrust regulation that goes beyond traditional corporate structures and addresses the concentration of data control.

Leading by Example

As governments grapple with these challenges, they must also lead by example in their technology practices. Governments can demonstrate the benefits of data unification and contextualization by adopting trusted data ecosystem platforms that enable data unification, real-time coordination, and traceability across agencies.

These platforms can help break down data silos, improve analytics and AI capabilities, and increase operational efficiency. By leveraging AI and trusted data layers, governments can ensure that data remains consistent and accurate across agencies while maintaining clear data provenance records.

Most importantly, governments have a unique opportunity to build public trust by directly conferring ownership of specific data on citizens. Governments can set a powerful precedent for the private sector by empowering individuals with control over their data. Government agencies must play a vital role in leading by example in data management. Transitioning to trusted data ecosystem platforms will enable better coordination and collaboration within and across agencies. These platforms will facilitate the unification and contextualization of data, leading to improved analytics, AI capabilities, and increased operational efficiency.

Conclusion

As we stand at the precipice of a new era in consumer privacy, the path forward is clear. We must embrace a future where data ownership and control are recognized as fundamental rights, not mere afterthoughts. By empowering consumers, regulating data ecosystems, and leading by example, we can create a world where privacy is protected, innovation thrives, and the benefits of AI are harnessed for the greater good. 

The time to act is now – the future of our digital identities hangs in the balance.

The journey from data chaos to empowerment signifies a transformative shift towards a deeper understanding of individuals and their needs. Despite the challenges posed by data complexity, emerging technologies offer promising solutions. Governance and the role of the Chief Data Officer are pivotal in navigating this landscape. Practical steps involve setting a clear vision, investing in connectivity, prioritizing data stewardship and privacy, fostering innovation, and adapting with agility. As we embrace this journey, we envision a future where data drives meaningful human experiences and unlocks new opportunities for innovation and growth.

About BurstIQ:

LifeGraph® by BurstIQ redefines the potential of organizational data. This next-generation data platform integrates advanced data management, privacy-enhancing technology, and knowledge graphs, transforming data into your organization’s ultimate superpower. Eliminate silos with a single, secure source of truth. LifeGraph reveals hidden connections within complex data sets, aligning with human and machine thinking for easier and more insightful analysis and powerful collaboration. 

Organizations use LifeGraph to elevate legacy data lakes and warehouses into dynamic, secure, and person-centric data ecosystems that deliver value to everyone involved. With LifeGraph you can quickly address today’s problems and business initiatives, and ignite the spark of innovation to help your organization not only keep pace but set the tempo for the future. 

To learn more about how LifeGraph can help you make data your superpower, please contact us here.

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From
Customer 360
to
Person 360

How a 4-Dimensional Data View Can Help You Create Indispensable Solutions

– Frank Ricotta, CEO & Co-Founder, BurstIQ

In our journey toward redefining personal engagement, we stand on the brink of a transformative shift. The vision of “Person 360” is not just a strategic asset; it’s a gateway to unparalleled innovation and personalization. Person 360 promises a future where a deep, nuanced understanding of individual preferences and behaviors informs every personal interaction. We purposely used the word “person” versus “customer” because, as individuals, when we interact in the world, we can be a customer, a patient, a professional, an employee, and more. It is time to broaden our perspective.

Imagine a world where every piece of data serves as a beacon, guiding the creation of experiences that are not just personalized but deeply resonant. This is the heart of the Person 360 vision—a holistic understanding that transcends traditional data silos and integrates every touchpoint into a cohesive narrative. It’s about unlocking the stories within the data and crafting experiences that are not just personalized but profoundly meaningful. The Person 360 vision transcends basic demographic information; it can include interactions, transactions, social media behavior, and even sentiment toward the brand. Extending beyond the enterprise and traditional customer data management, this Person 360 profile can form the basis of a digital twin, an AI avatar or companion, or any other digital manifestation of a person. It can also be used in a more dystopian manner in the form of a social credit score.

Charting the Course Through Data Chaos

As we navigate this path to Person 360 engagements, we’re confronted by the formidable adversary of data chaos. The potential for empowerment is immense, but so are the challenges in integrating and making sense of the vast seas of data. The potential for data chaos is especially true when the data is owned and controlled by many different people, companies, or even countries. 

The quest for a 360 view requires navigating through a chaotic sea of data. Silos within organizations act like islands, isolating valuable insights from one another. The challenge of melding internal data with streams from partners and external sources adds layers of complexity.  

Specifically, chaos stems from:

| Data Silos:
Disparate systems and departments often operate in isolation, hindering the flow of information and creating incomplete customer views.

| External Data Integration:
The necessity to blend data from external partners and third-party sources with internal data adds complexity.

| Data Quality & Consistency:
Ensuring accuracy, deduplication, and standardization across all data types and sources poses significant challenges.

| Privacy & Compliance:
Navigating legal and ethical dimensions of data ownership and usage, especially with varying global regulations, complicates data integration efforts.

Organizations that can successfully navigate through this chaos can redefine how they harness and interpret data – and build Person 360 models that drive deeper, more meaningful human engagements.

Evolving Person 360 From Two Dimensions to Four

The basic concept of a 360-degree view is premised on a two-dimensional view. However, the vision of Person 360 is really four-dimensional.  Our CTO, Tyson Henry, emphasizes that the data itself is only one part of a Person 360 view. Context, trust, and intelligence add additional perspective to each and every piece of data. Time and place are examples of context. Ownership and data lineage are examples of trust. Companion AIs and digital twins are examples of intelligence.

The Beacon of Web3, Data Fabrics, and Knowledge Graphs

Web3, data fabrics, and knowledge graphs provide the critical foundation to evolve 2-dimensional Person 360 views into four-dimensional views.  

Web3, with its decentralized ethos, offers a new paradigm for data ownership and privacy, empowering people and businesses alike. Web3 provides the foundational trust infrastructure for people to BYOD (Bring Your Own Data). BYOD offers additional context and richness to organizational 4D views, creating opportunities for rich personalization in a shared incentive model. BYOD is quickly evolving into advanced digital twins. In this world, people own their own digital personas that are more than just data. A person can grant businesses access to their data or engage with businesses through their digital persona. These digital personas have embedded intelligence that allows them to operate and interact on behalf of the person in a trustworthy, transparent way.  

Data fabrics dynamically weave together disparate sources, creating a tapestry of information that is both accessible and actionable. Knowledge graphs go a step further by enriching data with context, relationships, and insights, thus transforming raw data into a structured, understandable format ripe for analysis and personalization efforts. Combining the principles and capabilities of Web3, data fabrics, and knowledge graphs provides the means to build truly revolutionary data economies, ecosystems, and metaverses.

Data Quality or Quantity — or Both?

An ongoing discussion on data quality is emerging, set to escalate with the widespread adoption of AI. This debate concerns whether to enforce data quality during ingestion or conduct qualitative analytics and outlier analysis afterward. The discourse revolves around weighing trade-offs such as system complexity, real-time decision-making, scalability, and data loss or contamination risks.

The choice between these approaches is context-specific. Each method can be valid, but each is not sufficient by itself. For example, it is essential to understand data lineage. Pruning data and enforcing strict validation rules at the point of ingestion is prudent. However, pruned data that may seem insignificant today could be the key to driving advanced insights and understanding.

Additionally, the upfront complexity of this approach inhibits scalability and has a high probability of data loss. Not to mention that most organizations can never reach a point of standardization due to constantly changing needs and environments. 

Ingesting everything provides maximum flexibility and a good foundation for organizations to discover unexpected insights, which will foster innovation. Conversely, downstream efforts can quickly become complex, and extremely expensive, and a lack of controls often leads to data swamps. Additionally, complexity drives the need for hard-to-find expertise, the reason why so many companies have short-cut data quality.

This is where data fabrics and knowledge graphs genuinely shine. When coupled with machine learning methods focused on data quality, organizations can achieve quantity and quality without sacrificing data lineage, verification, and integrity. More to come on this powerhouse combination in a future Knowledge Burst.

The Governance Imperative and the Chief Data Officer

In our digital world, governance is a regulatory necessity, a strategic compass, and quite frankly should be a moral imperative for every business that handles personal data. It guides us through the complexities of data management, ensuring that our journey is both compliant and ethical. To compete in today’s ever-changing world, organizations must push governance as close to the business execution authority as possible. To do this requires a new way of thinking, transitioning from a centralized control model and embracing distributed governance. 

Distributed governance models allocate decision-making authority across different levels and domains within the organization and provide the flexibility and responsiveness needed in today’s fast-paced digital environment. When implemented correctly, control and protection mechanisms can be embedded in the data network without the reliance on centralized control organizational structures. The net result is that the overall system security posture improves significantly. More on this in a future Knowledge Burst. 

Within this model, the role of the Chief Data Officer (CDO) becomes paramount. The CDO ensures data strategies align with business objectives, oversees data management practices, and champions data as a strategic asset. Moreover, the CDO plays a crucial role in establishing and enforcing governance policies, data quality standards, and compliance with data protection regulations, acting as a linchpin in the quest for a holistic Person 360 view. This role is pivotal in steering through regulatory waters and championing the cultural shift towards data-driven innovation. Do you consider yourself a data-led organization? If you don’t have a CDO, you aren’t as far along in your data journey as you may have thought.

The Voyage Ahead: Practical Steps to Empowerment

Embarking on this journey requires more than technological investment; it demands a strategic vision and a commitment to transformation: technical, process, corporate, and most importantly relationships and engagement. It begins with a roadmap, charting objectives and milestones that reflect both the ambition and the practical realities of achieving a holistic customer view. Investment in technology—data fabrics, APIs, knowledge graphs—lays the groundwork, but the actual journey is cultural, fostering an environment where data is valued and understood as the core of customer insight.

Practical steps toward achieving a Person 360 view include:

| Strategic Vision:
Set a course with clear objectives, understanding that this journey is transformative and iterative.

| Invest in Connectivity:
Embrace technologies that bridge gaps, turning the chaotic sea of data into a navigable ocean.

| Cultivate Data Stewardship:
Champion data quality and governance as foundational to trust and insight.

| Prioritize Privacy & Empowerment:
Build strategies around respecting and empowering the customer’s data rights.

| Foster a Culture of Innovation:
Encourage a mindset where data is the language of creativity and innovation.

| Navigate with Agility:
Be prepared to adapt, knowing that the data and customer interaction landscape is ever-evolving.

The Horizon of Opportunity

The journey from data chaos to empowerment signifies a transformative shift towards a deeper understanding of individuals and their needs. Despite the challenges posed by data complexity, emerging technologies offer promising solutions. Governance and the role of the Chief Data Officer are pivotal in navigating this landscape. Practical steps involve setting a clear vision, investing in connectivity, prioritizing data stewardship and privacy, fostering innovation, and adapting with agility. As we embrace this journey, we envision a future where data drives meaningful human experiences and unlocks new opportunities for innovation and growth.

About BurstIQ:

LifeGraph® by BurstIQ redefines the potential of organizational data. This next-generation data platform integrates advanced data management, privacy-enhancing technology, and knowledge graphs, transforming data into your organization’s ultimate superpower. Eliminate silos with a single, secure source of truth. LifeGraph reveals hidden connections within complex data sets, aligning with human and machine thinking for easier and more insightful analysis and powerful collaboration. 

Organizations use LifeGraph to elevate legacy data lakes and warehouses into dynamic, secure, and person-centric data ecosystems that deliver value to everyone involved. With LifeGraph you can quickly address today’s problems and business initiatives, and ignite the spark of innovation to help your organization not only keep pace but set the tempo for the future. 

To learn more about how LifeGraph can help you make data your superpower, please contact us here.

Enhance Your Learning

Check out a couple of our other newest blog posts by clicking the images below.

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