Data Privacy Laws in the U.S. Protect Profit but Prevent Sharing Data for Public Good
In 2021, an investigation revealed that home loan algorithms systematically discriminate against qualified minority applicants. Unfortunately, stories of dubious profit-driven data uses like this are all too common.
Meanwhile, laws often impede nonprofits and public health agencies from using similar data – like credit and financial data – to alleviate inequities or improve people’s well-being. U.S. data protection laws often widely permit using data for profit but are more restrictive of socially beneficial uses.