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Prior to beginning work on this discussion, read Ellen Martin's article,The Ethics of Big Data(Links to an external site.) https://www.forbes.com/sites/emc/2014/03/27/the-ethics-of-big-data/#40508a766852 . Based on the article's
Prior to beginning work on this discussion, read Ellen Martin's article,The Ethics of Big Data(Links to an external site.) https://www.forbes.com/sites/emc/2014/03/27/the-ethics-of-big-data/#40508a766852
.
Based on the article's content, respond to the following:
- Describe the microeconomic principles being used. What is the impact for demand?
- Evaluate the different market structures that big data benefits the least and the most from.
- While data collection may benefit the business community, discuss the concerns for consumers as big data proliferates.
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