Surveillance capitalism: everything tracked, analyzed, monetized
Priv8 Virtual Summit: Greg Osuri, Tor Bair, Ari Paul's Take on the Decentralized Future (Orchid Labs)
“The most lucrative monetization mechanism happens to be surveillance capital… the way I would define surveillance capitalism is a modern-day business model where everything we do is tracked and analyzed and monetized… Google really knows when you’re pregnant, Facebook knows when you have a period, my Fitbit knows when I’m having sex… we traded convenience for privacy without even realizing what we are trading for.” — 00:15:37
Context: Asked how to incentivize privacy adoption; he blames UX (“we traded user experience for privacy”) and says decentralization is the way out. Quote spans into the [00:16:18] block.