Governments should not be flying blind. Now the tools of big data are available to reduce their ignorance. But we will not be able to use big data effectively if the narrative is dominated by utopian hype and dystopian scare mongering. For that we need effective, fit-for-purpose public public policy and regulation for big data (including algorithms), not remnants of 1970s thinking such as informed consent and strict purpose specification. For example, the above shibboleths do not provide any remedy for the real harms of lack of security of data storage.
This was the central message of my talk at a roundtable organized by Carnegie India last Wednesday in New Delhi. Here are the slides. The discussion was lively and thought provoking.