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AI For Democratic Access to Data Control With Stringent Compliances
Entrepreneur magazine
|August - September 2024
THE PATH TOWARDS A DATA-DRIVEN FUTURE BUILT ON USER EMPOWERMENT AND RESPONSIBLE GOVERNANCE ISN'T WITHOUT ITS CHALLENGES.
The narrative surrounding artificial intelligence (AI) has often focused on its potential to disrupt industries and redefine human capabilities. However, a lesser-discussed aspect of AI’s rise is its role in democratizing access to data control. This shift, particularly relevant in a data-rich country like India, is transforming we interact with information.
To date, businesses have processed and monetized vast datasets, often with limited transparency or user consent. This dynamic is being challenged by the emergence of AI. Imagine a future where you control a personal data vault, deciding which applications and services have access to specific portions of your data. AI-driven consent management platforms are streamlining the process of granting and revoking access.
BALANCING DATA DEMOCRATIZATION WITH PRIVACY
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