This is what we are being told by the economists and
other internet experts ( including Mukesh Ambani )
That begs following question :
If old Oil made citizens of those OPEC countries so
rich , can new Oil ( citizen’s private / personal data ) , make Indian rich ?
I always believed it could - and in order to realize
that dream , I suggested a mechanism in the form of :
Privacy for
Sale ………………………………………..
[ 26 Aug 2017
]
Only
Answer ; a Statutory warning
……………..[ 10 Nov 2018
]
And repeatedly urged Shri Ravi
Shankar Prasadji , to modify the proposed DATA PROTECTION BILL to incorporate my suggestion , which would enable
300 million Indian users of Facebook to earn $ 20 ( Rs 1,400 ) per month !
Far more than that Rs 600 per month that might get announced in
tomorrow’s BUDGET under
Universal Basic Income !
Here is the evidence :
Extract :
According to a report, the Menlo Park, California-based company is
paying as much as $20 (roughly Rs. 1,400 ) monthly to people to install a VPN app called
Facebook Research on their iOS or Android smartphones.
The Android and iOS app, the existence of which Facebook has confirmed,
is offered via third-party app testing platforms and asks for root-level
permissions, giving it broad access to the activity on the participating user's
smartphone. The Android app will continue to be offered, Facebook said.
Facebook responded………….
..It wasn't ‘spying' as all of the people
who signed up to participate went through a clear on-boarding process asking for their
permission and were paid
to participate.
====================================
To the critiques
( of my suggestion ) :
Of course , Facebook will not agree to pay $ 20 ( Rs
1400 ) per month to its 300 million Indian users for parting with their
personal data ( - there are 10 ascending DATA LEVELS described
in my proposal – each carrying higher price tag )
But , among the Social Media web sites , there seems to
be an acceptance ( - even if grudging ) that they will need to compensate their
users for their personal data , using which they have minted billions of
dollars of Ad Revenue over the years – and continue to do so
If all the countries agree to implement my suggestion ,
I have no doubt that all the Social Media web sites will fall in line and agree
to share their profits with their users
This is a golden opportunity for India to lead the rest
of the World !
And , my suggestion is not confined to only the Social
Media web sites
It covers ALL web sites including E Com / Search
engines / Fintech / Apps / Mobile Wallets etc
Even if each of these sites / apps , agrees to pay its
user , just $ 1 ( Rs 70 ) per month, it is entirely possible that the Indian
Government need not,
# Introduce Universal Basic Income
# Worry about finding Rs 7 lakh*crore per year
# Hassle with the thorny issue of “ WHO “ is
poor enough to be eligible for UBI
# Fret over the method of this Direct Benefit
Transfer
# Decide which
of its existing subsidies need to be withdrawn ( - horror in an election year !
)
Dear Shri Ravi
Shankar Prasadji ,
I am sure , you will not fail to see the SIMPLICITY /
ELEGANCE of my suggestion , which does not impose any financial strain on the
exchequer , nor fear any opposition from other political parties
Just re-draft that Data Protection Bill
================================================================
31 Jan 2019
Rsvp :
hcp@RecruitGuru.com