Liberty. Equality. Data. Podcast Episode #3
How can personal data be used to help individuals reach their goals? How do we bridge the value asymmetry between individuals and businesses, and build applications that deliver more value to the individuals themselves?
In this episode, we talk to Dr. James Guszca, the Chief Data Scientist at Deloitte USA and a visiting fellow at Stanford’s Center for Advanced Studies in Behavioral Sciences. Jim is a renowned expert in behavioral economics and data science with more than twenty years of experience in data, machine learning, and ethical aspects of AI. During his career, he built some of the first algorithms for the largest insurance companies, held several professorship positions, and published prolific studies on the intersection of human behavior, data, and AI.
In this podcast, we focus on the confluence of behavioral insights, machine learning, data science, and AI. We talk about nudges, the value of personal data to individuals, the possibility of aligning corporate interests with the interests of individuals, building new applications that would rely on customer data, and nudge people to make better decisions.
Jim explains how Nobel prize-winning behavioral scientists developed the theories of smart disclosures and data ownership to help consumers get better insights and improve their behavior. We talk about the significance of choice architecture and defaults in helping individuals make better decisions about their lives. This podcast is full of practical examples, from insurance and health care domains to the societal value of data generated by various smart IoT devices and wearables.
This episode provides much food for thought about the potential locked within personal data and the endless possibilities it presents. Check it out!
The transcript is available here.
With this podcast series, we are aiming to foster discussions about the value that individuals can get from their data. We will be inviting industry leaders and pioneers to talk about the most recent developments in different industries, opportunities with the user-held data, and an open data market. This podcast series is a rough continuation of Prifina’s Open Calls.
You can find more information about Prifina at www.prifina.com.
If you are interested in learning more, please join our open Slack channel “Liberty. Equality. Data.” Feel free to reach out to us on Slack or at firstname.lastname@example.org if you have any suggestions about which topics to discuss and amazing speakers to invite.
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Prifina helps individuals get bespoke value from their personal data and provides tools for developers to build applications on top of user-held data.