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By Michael Fiorito, VP of Business Development at MDS

While the benefits of the Internet have been apparent for years, the costs — in anonymity, even autonomy — are now becoming clearer.   

Who sets the boundaries of privacy? The European Union introduced the General Data Protection Regulation (GDPR) to establish a set of regulations to protect the data and privacy of EU citizens. Companies all around the world doing business within the EU are required to comply with this regulation.  We can expect that states within the US will implement regulations, such as the California Consumer Privacy Act (CCPA) which will go into effect in January 2020. We should all be prepared for the global proliferation of similar regulations. 

These regulations demonstrate that citizens, politicians, and business leaders are trying to understand the trade-offs. In April, the New York Times embarked on a monthslong project to explore the ever-changing technology and where it’s taking us, while also debating how it can help realize human potential. 

To learn more, check out The Privacy Project in the New York Times for more on how privacy, or the lack thereof, is affecting us. 

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