BharatInclusion
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BharatInclusion

Looking beyond the Gig Economy

By: Joel John & Moses Sam Paul

  • Fiduciary obligations to members: The data cooperative has a legal fiduciary obligation first and foremost to its members [5]. The organisation is member-owned and member-run, and it must be governed by rules (bylaws) agreed to by all the members.
  • Direct benefit to members: The goal of the data cooperative is to benefit its members first and foremost. The goal is not to ‘monetise’ their data, but instead to perform on-going analytics to understand the needs of the members better and to share insights among the members. [6]
  1. Amazon Basics Revenue — https://www.cnbc.com/2018/10/04/amazon-quietly-launched-a-new-accelerator-program-to-create-more-brands-exclusively-sold-on-its-website.html?__source=twitter%7Cmain
  2. The main entities are data cooperatives — https://wip.mitpress.mit.edu/pub/pnxgvubq/release/1
  3. Y. A. de Montjoye, E. Shmueli, S. Wang, and A. Pentland, “openPDS: Protecting the Privacy of Metadata through SafeAnswers,” PLoS ONE 9(7), pp. 13–18, July 2014, https://doi.org/10.1371/journal.pone.0098790
  4. Roles of a data cooperative: J. M. Balkin, “Information Fiduciaries and the First Amendment,” UC Davis Law Review, vol. 49, no. 4, pp. 1183–1234, April 2016.
  5. Data Cooperatives by Alex Pentland and Thomas Hardjono Apr 2020 -
  6. Data Cooperatives by Alex Pentland and Thomas Hardjono Apr 2020 — https://wip.mitpress.mit.edu/pub/pnxgvubq/release/1
  7. Study on emerging issues with Data interoperability by the EU
  8. Platform Revolution — How Networked Markets are transforming the economy by Geoffrey G Parker

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Bharat Inclusion Initiative

We aim to build knowledge, foster innovation & entrepreneurial activity towards improving financial inclusion and livelihood for the poor.