THE STATE OF TECHNOLOGY
Data Privacy
Technology in 2021 will be defined by one message: "We have updated our privacy policy". As more companies (especially social media) are getting push-back over data malpractice, every single organization in the world has become more conscious about how they collect, store, and use data. Simultaneously, we are seeing sustained growth in Cloud Computing, Urban Mobility, VR/AR, AI/ML, and IoT, while the more established fields of smartphones and blockchain are seeing a relative cooldown.
Opt-in
Right to be Forgotten
Severe Penalties
Users must explicitly allow companies to collect data, which must be encrypted, up-to-date, and accurate.
Users must be able to access all of their data and be able to delete all of it.
The penalties for compliance failure are high and proportional to revenue. Organizations are devoting large amounts of resources towards GDPR compliance.