Sub Topic

Data economy glossary

A

Algorithm

A set of computer instructions that process data and make decisions automatically, such as recommending videos or filtering search results.

Algorithmic bias

When an algorithm produces unfair or discriminatory results because of biased data or flawed design.

Algorithmic transparency

Making the workings of data-processing systems and algorithms open and understandable so people can see how decisions are made.

B

Behavioral data

Information about what you do, such as your clicks, searches, likes, and movements. It helps companies understand your habits and preferences.

Behavioral surplus

A term coined by Shoshana Zuboff meaning the extra data collected about you beyond what’s needed to run a service, used for predictions and profit.

Big data

Extremely large sets of information that are analyzed to find patterns, trends, or connections about people and behaviors.

C

Consent

Permission you give (often through app or website settings) to have your data collected or used.

Cookies and trackers

Small pieces of code that websites and apps use to follow your online activity, helping them remember you or collect data for advertising.

D

Data breach

An incident where personal information is stolen, leaked, or accessed by unauthorized people.

Data broker

A company that collects data from many sources, builds profiles about people, and sells or shares that information with other businesses.

Data economy

The system where personal and digital data is collected, traded, analyzed, and used to make money or improve services. In this economy, data is treated as a valuable asset.

Data minimization

A privacy principle stating that organizations should collect only the data they truly need, and no more.

Data mining

The process of searching through large data sets to discover useful information, trends, or patterns.

Data protection

The legal and technical measures designed to keep personal information safe and prevent misuse, loss, or theft.

Data sovereignty

The idea that data should be subject to the laws and governance of the country where it is collected or stored.

Datafication

The process of turning everyday actions, like walking, shopping, or scrolling on your phone, into digital data that can be stored and analyzed.

Digital footprint

The trail of data you leave behind when using the internet, including posts, searches, app use, and device information. Also called digital exhaust.

I

Instrumentarian power

A concept from Zuboff describing the power companies gain when they can monitor, predict, and shape human behavior through data-driven systems.

M

Machine learning (ML)

A type of artificial intelligence that allows computers to learn from data and make predictions or decisions without being explicitly programmed.

P

Personal data

Any information that can identify you directly or indirectly, like your name, email, phone number, location, photos, or browsing history.

Predictive analytics

The use of data and algorithms to guess what people will do next; for example, which product you might buy or which video you’ll watch.

Privacy

The right to control your personal information and decide who can collect, use, or share it.

R

Right to be forgotten

A legal right (especially in Europe) allowing individuals to ask for their personal data to be deleted from online systems.

S

Surveillance capitalism

An economic model where companies watch, record, and analyze people’s online behavior to predict what they will do next and use that information to influence or profit from them.

T

Targeted advertising

Ads that are shown specifically to you based on your interests, location, or past behavior online.