This white paper builds on a workshop that Element AI co-hosted with Nesta. The two day meeting brought together international experts on data governance, machine learning, privacy and property law, worker’s rights, and public policy to examine whether “data trusts” — a third-party stewardship model based on the common law trust — could be used to reinforce data governance and promote public trust.
In particular, the white paper explores whether data trusts can:
- Provide individuals with a greater measure of control over their personal data;
- Increase access to data and foster innovation;
- Address asymmetries of power that exist between corporations, the government and individuals;
- Enhance the protection of individual privacy and other human rights; and,
- Empower the public to share in the value of data and artificial intelligence.