The average person thinks that, at worst, they'll just see ads that are more intelligent or targeted. Who cares, right?
The do NOT realize that these troves of data are going to be used to someday deny them health insurance, get them fired or not hired for some job, get screwed in job pay and benefit negotiations (due to companys like Experian selling you pay history to employers), be charged more than other consumers for the same product (due to being able to pay more), getting denied for loans or charged higher interest rates, not accepted to a school, refused entry in establishments because you're not a 'good' customer, etc.
And that is just what big business will do.
Wait 'till big governments around the world see just how much power the Chinese are able to exert over their populace playing the same data games.
I mean c'mon...."Refused entry into establishments"? Unless the Civil Rights Act of 1964 somehow gets repealed I don't see this as very likely.
[1] https://www.npr.org/2018/01/17/578422668/heres-just-how-litt...
This reeks of elitism. I'm not sure it's clear what the average person thinks and one could hope that the average person is smarter than this and wouldn't guess what the average person thinks. To not only guess what we, the average, think but to also so confidently predict the future to me demonstrates below average reasoning.
Wouldn't it be great if all this data aggregation/privacy invasion business reaches a point of diminishing returns just because the subject of the manipulation has developed an immunity to all of it?
We need an online behavior randomization gadget that turns our valued personal data trail into garbage, obfuscation to the rescue.
On the other hand the only thing that counts is the credit card purchase history of a person - and it is impossible to randomize that one (short of sharing the card with your kids)