Data-driven business models, programmatic advertising, artificial intelligence, and regulation: some reflections
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Data-driven business models are a core component of the digital economy. At the same time, by using or reselling data and users’ attention, traders can finance products offered for free or at a discount to consumers, who “pay” with their attention. The value of these elements lies in their potential for behavior modification, for which the consumer also pays with the loss of their freedom by agreeing to be influenced. These practices, which are at the heart of the business model of the internet behemoths, generate a growing tension between the need for organizations to obtain consumer data in order to develop personalized products and services, and the rights of citizens to privacy and data protection.
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(c) Moisés Barrio Andrés, 2022
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Moisés Barrio Andrés, Complutense University of Madrid
Legal advisor to the Council of State, doctor of Law, and professor of Digital Law. Director of the Diploma of High Specialization in Legal Tech and Digital Transformation (DAELT) for the School of Legal Practice of the Complutense University of Madrid.
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