Yes, but I don’t believe this bill goes far enough. Not only should individuals have a right to determine in what instances their personal data can be used. We should have the right to be fairly compensated WHENEVER our personal data is used.
Big data use in building algorithms is a highly profitable industry. Likewise, those individuals who have made the conscious choice to contribute to such endeavors SHOULD BE ENTITLED TO FAIR COMPENSATION FOR THEIR CONTRIBUTIONS.
If Netflix sells a marketing algorithm to Cambridge Analytical for 1.2 billion that was built from the data of 10,000 Netflix users; then, those 10,000 Netflix users have contributed their intellectual property and are entitled to automated fair compensation.