Big data: Finders keepers, losers weepers?

This article argues that big data’s entrepreneurial potential is based not only on new technological developments that allow for the extraction of non-trivial, new insights out of existing data, but also on an ethical judgment that often remains implicit: namely the ethical judgment that those companies that generate these new insights can legitimately appropriate (the fruits of) these insights. As a result, the business model of big data companies is essentially founded on a libertarian-inspired ‘finders, keepers’ ethic. The article argues, next, that this presupposed ‘finder, keepers’ ethic is far from unproblematic and relies itself on multiple unconvincing assumptions. This leads to the conclusion that the conduct of companies working with big data might lack ethical justification.

[1]  L. Floridi The Ontological Interpretation of Informational Privacy , 2005, Ethics and Information Technology.

[2]  Daniel J. Solove,et al.  Introduction: Privacy Self-Management and the Consent Dilemma , 2013 .

[3]  Keith W. Miller,et al.  Big Data: New Opportunities and New Challenges [Guest editors' introduction] , 2013, Computer.

[4]  Andrew D. Selbst,et al.  Big Data's Disparate Impact , 2016 .

[5]  Israel M. Kirzner Entrepreneurship, Entitlement, and Economic Justice , 1978 .

[6]  Padhraic Smyth,et al.  From Data Mining to Knowledge Discovery: An Overview , 1996, Advances in Knowledge Discovery and Data Mining.

[7]  B. Roessler,et al.  Should personal data be a tradable good? On the moral limits of markets in privacy , 2015 .

[8]  A. Zwitter Big Data ethics , 2014, Big Data Soc..

[9]  Jennifer M. Urban,et al.  Alan Westin's Privacy Homo Economicus , 2014 .

[10]  G. Smith ANARCHY, STATE, AND UTOPIA , 1976 .

[11]  K. Crawford,et al.  Big Data and Due Process: Toward a Framework to Redress Predictive Privacy Harms , 2013 .

[12]  Chris Peters,et al.  The daily you: How the new advertising industry is defining your identity and your worth , 2012, New Media Soc..

[13]  Erik Brynjolfsson,et al.  Big data: the management revolution. , 2012, Harvard business review.

[14]  Rob Thomas,et al.  Big Data Revolution , 2015 .

[15]  Ira S. Rubinstein,et al.  Big Data: The End of Privacy or a New Beginning? , 2013 .

[16]  Viktor Mayer-Schnberger,et al.  Big Data: A Revolution That Will Transform How We Live, Work, and Think , 2013 .

[17]  Jeremy Kolb,et al.  The Big Data Revolution , 2013 .

[18]  Omer Tene,et al.  Big Data for All: Privacy and User Control in the Age of Analytics , 2012 .

[19]  Eric Gossett,et al.  Big Data: A Revolution That Will Transform How We Live, Work, and Think , 2015 .

[20]  N Abhishek,et al.  Business intelligence and analytics: From big data to big impact , 2018 .

[21]  Zuiderveen Borgesius,et al.  Improving Privacy Protection in the Area of Behavioural Targeting , 2015 .