logo
Gen Z is willing to sell their personal data—for just $50 a month

Gen Z is willing to sell their personal data—for just $50 a month

Fast Company21-05-2025
Rather than clocking in at a Saturday job or selling old clothes for quick cash, Gen Z has another side hustle up their sleeve: selling their personal data.
To take advantage of the nearly seven hours a day Gen Z spend on their phones, a new app called Verb.AI, launched by youth polling company Generation Lab, is now offering to pay young people for their scrolling time.
By installing a tracker which monitors what they browse, buy, and stream, Verb creates a digital twin of each user that lives in a central database. From there, companies and businesses can query the data in a ChatGPT-like interface, and get a more accurate picture of consumer preferences than they would get even from a room full of Gen Zers.
'For decades, market research has been the equivalent of a doctor asking a patient to describe their symptoms. Verb is an MRI machine,' the company's pitch deck says.
And Verb is willing to pay. 'We think corporations have extracted user data without fairly compensating people for their own data,' Cyrus Beschloss, CEO of Generation Lab, said per Axios. 'We think users should know exactly what data they're giving us and should feel good about what they're receiving in return.'
Verb's maker, Generation Lab, was founded in 2016 and is based in Washington, D.C., according to the company's LinkedIn page. It currently has 6 employees listed on the company's official website. The broader global data broker market, meanwhile, is expected to grow in the next few years, reaching a projected $561.538 billion by 2029, up from $389.765 billion in 2024.
In return for their personal data, Verb pays $50 or more per month to the user, depending on activity. For Gen Zers, it's a fair enough deal for something they are likely doing anyway. About 88 % of Gen Zers report being willing to share some personal data with a social media company, compared to just 67% of older adults. That is provided they are fairly compensated either with cash or a personalized social media algorithm, a 2022 Euromonitor International study found.
A generation filled with contradictions, Gen Z is at the same time still taking protective measures with their data. They are clearing cookies, using anonymous browsers, and encrypting their communications twice as often as other generations. However, they also are more likely to agree with the statement, 'I don't mind being tracked by websites or apps,' compared to older generations, according to a 2023 survey from the cybersecurity company Malwarebytes.
The extent of Gen Z's willingness to share personal data was apparent during the still-ongoing regulatory scrutiny of TikTok over data privacy concerns in China. Case in point: the 'Goodbye to My Chinese Spy' trend that took off as the possibility of TikTok being banned in the U.S. loomed earlier this year.
'Sending Xi Jinping a data care package because he's taken better care of me than the US government ever has,' read the text over a TikTok video of an envelope addressed to the president of China. 'To my (alleged) Chinese spy – nobody knows me like you, babe', another TikTok user posted.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

All Eyes on Powell: Will Jackson Hole Speech Spark a Big Stock Market Move?
All Eyes on Powell: Will Jackson Hole Speech Spark a Big Stock Market Move?

Yahoo

time17 minutes ago

  • Yahoo

All Eyes on Powell: Will Jackson Hole Speech Spark a Big Stock Market Move?

Key Takeaways Traders expect the S&P 500 to move about 0.8% in either direction through the end of the week, with Fed Chair Jerome Powell's speech on Friday likely to be a driving force behind that move. Stocks jumped more than 1% the day of last year's Jackson Hole speech, when Powell signaled the Fed was ready to cut interest rates for the first time in 4 years. Analysts earlier this week expressed concern that investors were overly optimistic about the likelihood of a September rate cut, but expectations and stocks have drifted lower in recent days. Wall Street was on edge Thursday, with stocks trading lower as investors awaited what could be a pivotal policy speech from Federal Reserve Chair Jerome Powell. Powell is scheduled to speak Friday morning at the Fed's annual Jackson Hole Economic Policy Symposium. Investors will be scrutinizing Powell's address for signs that the Fed is ready to resume cutting interest rates in September after nine months on hold. Powell's speech is the biggest event of the week for the stock market, and traders are positioning themselves accordingly. Options pricing suggests investors expect the S&P 500 to move about 0.8% in either direction through the end of this week. That's nearly twice the S&P 500's average daily move over the past month. Will History Repeat Itself at Jackson Hole? At last year's Jackson Hole, Powell declared the Fed was ready to begin cutting interest rates more than a year after policymakers hiked rates for the 11th and final time in their post-pandemic policy tightening campaign. 'The time has come for policy to adjust,' Powell said. 'With an appropriate dialing back of policy restraint, there is good reason to think that the economy will get back to 2 percent inflation while maintaining a strong labor market.' It was the news Wall Street was hoping for. The S&P 500 jumped more than 1% to trade just shy of an all-time high. Though for investors last year, seeing was believing; it wasn't until mid-September, when the Fed cut rates for the first time, that the index finally broke its previous record. Rate Cut Expectations—and Stocks—Are Falling Evercore ISI analysts warned in a note on Sunday that Powell's speech could deliver stocks a rough patch if Wall Street finds his comments inadequately dovish. 'For a market that was eager to embrace '50 in Sept', a balanced view could catalyze a near term -7% to -15% pullback into October,' the analysts wrote, referring to recent speculation that the Fed could make a jumbo, 50 basis point (bps) cut next month. Deutsche Bank economists are also worried about Wall Street's high hopes. In a note earlier this week, they expressed concern that Powell's comments, which they expect to be 'more balanced' than his last statement in July, 'could create uncertainty about September cut prospects, at least relative to current elevated pricing.' But expectations and stock prices have moderated in recent days. The S&P 500 fell in each of the last four sessions. If the index declines on Thursday, it will mark its longest losing streak this year. And in the last week, traders have become less confident of any rate cut, let alone a jumbo one, in September. Federal funds futures trading data put the odds of a 25 bps cut at about 72% on Thursday, down from 92% a week ago, according to CME Group's FedWatch Tool. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

This Dubious Leak Shows A Purported iPhone 17 Pro Prototype After A Drop Test
This Dubious Leak Shows A Purported iPhone 17 Pro Prototype After A Drop Test

Yahoo

time17 minutes ago

  • Yahoo

This Dubious Leak Shows A Purported iPhone 17 Pro Prototype After A Drop Test

Apple hasn't announced the iPhone 17 launch event, but reports and estimates say the four iPhone 17 models will be introduced on September 9. That's when Apple will confirm many of the iPhone 17 Air and iPhone 17 Pro leaks we've witnessed in the past few months, including the significant design changes this year's iPhones will introduce. A brand-new leak gives us a look at a purported iPhone 17 Pro prototype, seemingly confirming previous design-related leaks. But this leak is more unusual than the kind of iPhone 17 rumors we've been seeing in the past few months. The alleged iPhone 17 Pro photo comes via PhoneArena from a leaker with no established track record, so there's no way to establish their trustworthiness. X user God_FoxLeaks shared the photo online as seen below, claiming the image shows an iPhone 17 Pro prototype after undergoing a drop test in China. But the image shows a photo of a smartphone displaying the photo of the alleged prototype. It's not the original image that leaked. In the age of powerful generative AI tools that can create photos that look like pictures captured with a phone, the authenticity of the photo shown on the phone above is questionable. It could easily be a fake made to look like what you'd expect from an iPhone 17 Pro leak. However, the prototype in the image has all the markings seen elsewhere, matching previous design claims. Read more: How To Control An iPad With Your iPhone What If The iPhone 17 Pro Prototype Is Real? The alleged iPhone 17 Pro prototype posted on X matches iPhone 17 design claims from the early months of 2025. Those rumors said the iPhone 17 Pro and 17 Pro Max will have two-tone rear panels made of glass and metal. Also, the iPhone 17 Pro models would feature an elongated camera module, with the flash and LiDAR sensor being placed on the right side rather than next to the cameras. Finally, the metal frame would also create a metal border on the back around the glass. The image above checks all those boxes. Also, the picture shows the glass on the back cracked during a drop test. More recent iPhone 17 Pro leaks suggested Apple's most expensive 2025 iPhones would feature a chassis mostly made of metal. Apple would use glass only for covering the circular MagSafe connector. The overall iPhone 17 Pro design would still be consistent with older rumors, but if the chassis leak is real, Apple might move away from using large glass panels on the back of iPhones. This could improve the iPhone's durability and prevent accidental damage to the rear panel during drops. All of this is speculation based on unconfirmed reports. Dubious or not, these leaks can't be verified at this time, and Apple will explain all the design changes for the iPhone 17 series in a few weeks. Enjoyed this article? Sign up to BGR's free newsletter for the latest in tech and entertainment, plus tips and advice you'll actually use. Read the original article on BGR.

Analog Devices Unlocks New Growth Engines In AI, Aerospace, And Robotics
Analog Devices Unlocks New Growth Engines In AI, Aerospace, And Robotics

Yahoo

time17 minutes ago

  • Yahoo

Analog Devices Unlocks New Growth Engines In AI, Aerospace, And Robotics

Analog Devices (NASDAQ:ADI) delivered stronger-than-expected quarterly results on Wednesday and issued an upbeat outlook, signaling momentum across industrial and communications markets while highlighting new structural growth drivers in AI, aerospace, and automation. Following the results, JP Morgan analyst Harlan Sur maintained an Overweight rating on ADI and increased the price forecast from $300 to $310. Sur cited a stronger cyclical recovery and expanding secular drivers. He lifted his forward estimates, projecting fiscal 2026 EPS of ~$8.85, and applied a 35x multiple, the high end of peer group valuations, reflecting ADI's premium margins and diversified growth noted that July-quarter revenue rose 9% Q/Q to $2.88 billion, beating consensus of $2.765 billion, with EPS at $2.05 vs. $1.95 expected. Growth was broad-based: industrial climbed 11% Q/Q and 23% Y/Y, communications surged 18% Q/Q and 42% Y/Y on AI networking strength, and consumer rose 17% Q/Q and 20% Y/Y. Automotive stayed flat sequentially but gained 23% Y/Y due to product cycles and China demand pull-forward. For the October quarter, ADI guided revenue to $3.0 billion (up 4% Q/Q), topping consensus of $2.823 billion, with EPS of $2.22 vs. $2.03 expected and operating margin of 43.5% vs. 42.4% consensus. Industrial is expected to lead growth with low-to-mid-teens sequential gains, while automotive should decline in the low-teens Q/Q as earlier pull-forwards unwind. Sur highlighted ADI's structural growth engines, including aerospace & defense now trending above $1 billion annually (~10% of revenue), AI/datacenter opportunities in optical networking and power systems rising toward $550 million–$600 million annually vs. $400 million in fiscal 2024, and industrial automation tailwinds from humanoid robotics design wins. Sur also cited strong capital returns, with $3.7 billion in free cash flow (35% margin) over the past 12 months and $1.6 billion returned to shareholders via dividends and buybacks. Price Action: ADI stock is trading higher by 1.73% to $249.04 at last check Thursday. Photo via Shutterstock Latest Ratings for ADI Date Firm Action From To Feb 2022 Morgan Stanley Maintains Equal-Weight Feb 2022 Citigroup Maintains Buy Jan 2022 Barclays Maintains Overweight View More Analyst Ratings for ADI View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? ANALOG DEVICES (ADI): Free Stock Analysis Report This article Analog Devices Unlocks New Growth Engines In AI, Aerospace, And Robotics originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store