What Is ‘surveillance Capitalism’? What We Know, And Why It’s Raising Privacy Fears – Global News

Canada’s privacy watchdog is warning Canadians that firms are more and more cashing in on their personal data — even when it comes on the expense of our proper to privateness.

That was the discovering from Privateness Commissioner Daniel Therrien’s new report out on Thursday, through which he cautioned Canadians towards the rising risk of “surveillance capitalism.”

“Whereas we've got seen state surveillance modulated to some extent, the specter of surveillance capitalism has taken centre stage,” Therrien wrote in his new report.

“Private knowledge has emerged as a dominant and precious asset and nobody has leveraged it higher than the tech giants behind our net searches and social media accounts.”

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So what's surveillance capitalism, and what are you able to do about it? International Information spoke to some consultants to interrupt it down.

What's surveillance capitalism?

Surveillance capitalism is a time period that describes when firms collect details about what you do in your every day lives — after which bundle that right into a product that may be offered, in line with Dr. Taylor Owen, who's the director of the Centre for Media, Know-how and Democracy at McGill College.

“It’s a brand new mannequin of financial manufacturing, primarily, that takes the info because the extraction and creates a product out of that, which is our consideration,” Owen stated.

2:16Facebook Papers reveal firm employees’ anger over insurance policies,

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