What is surveillance capitalism and how does it shape our economy?

By Donell Holloway, The Conversation

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The increasing use of sensors in smart homes adds to an ever expanding amount of user data that can be collected and commodified.

Surveillance capitalism describes a market driven process where the commodity for sale is your personal data, and the capture and production of this data relies on mass surveillance of the internet. This activity is often carried out by companies that provide us with free online services, such as search engines (Google) and social media platforms (Facebook).

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