We’re at a crossroads where it is now obvious that simply throwing away the vast and rapidly increasing amount of data being generated by our lives, without first considering the responsible derivation of useful knowledge from that data, is like flushing a natural resource down the toilet.
Obviously, there is much data that shouldn’t be kept in its raw form forever, to help protect against the possibility of retroactive abuse by governments or others. …
On the other hand, to argue that it should be forbidden to derive useful knowledge from data in ways that protect individual users’ privacy but still allow for aggregate analysis, would be incredibly wasteful.
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