- “This lesson is entitled The Cost of ‘Free.’ What does that mean to you now?”
In economics we learned that there is no such thing as a free lunch. It may seem free, but it has hidden costs. Everything is done for profit, including “free” things.
- “How would you explain The Cost of ‘Free’ to a family member, or person you just met, if you had only 60 seconds?”
It is free to use, but it costs you personal information.
Reflect on your reading the Wall street Journal below the reading
- “Right now, which way are you leaning? Too little privacy? Right amount?“
I think I am leaning towards too little privacy. Free apps are starting to want access to information that has no relevance to making a better experience for the user. For example, miss Stark’s flashlight application wanting location data. I’m fine with apps wanting some of my data as long as it is secure, and relevant.
- “Are you willing to give up some privacy (and potentially some security) to have free access to modern innovative tools - do you trust companies to be good stewards of your data?“
I am willing to give up privacy to have free access to tools. I already do by using google applications. I trust that companies will take good care of the data, but I don’t give them any sensitive data incase they fail to.
- “Are you concerned? Do you think too much of your data is out of your control? Do you think too much personally identifiable data is given over to someone else?”
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