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Economy & Business

Dollars for Data

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When you get directions from Google Maps or post a photo of the sunset on Instagram, it may not cost you any money but you are paying with something else: your data. Tech companies get to know where you go, what you like, and who you're with.

You may think that's a pretty good trade off, but economist Glen Weyl thinks it's about time we started getting paid for that data. He envisions a world where your posts and likes could be converted into dollars and cents.

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