Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.
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Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.
128 - Putting a Dollar Value on Personal Data, with CNBC's Josh Lipton
Fortt Knox
23 minutes 58 seconds
6 years ago
128 - Putting a Dollar Value on Personal Data, with CNBC's Josh Lipton
Here’s the thing: It’s really hard to put a dollar value on the data that you or I deliver to internet platforms. What’s the value of a tweet? A Facebook profile that tells my birthday and links to my closest relatives?
It’s even hard to put a value on the data the platforms have on all of us. Sure, it’s probably worth billions of dollars. But how many billions? Does the value of data go up over time like a house, or down over time, like a car?
Our first topic is the value of data, because Democratic Senator Mark Warner and Republican Senator Josh Hawley want to require big tech companies to report the value of our data, like an asset, and would instruct the Securities and Exchange Commission to come up with a formula for calculating how much the data is worth.
Joining me to discuss that and a lot more: CNBC’s own Josh Lipton.
Fortt Knox
Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick.