Nowadays, the Private information of many people is held by large internet businesses and corporations. There are several advantages to this situation, including increased convenience when using services such as online shopping and development of suitably targeted products, but in my opinion, the drawbacks still overshadow the benefits.
Nowadays, people can be provided with many benefits if their personal information is kept by big internet companies and organisations. Firstly, because of keeping clients’ information such as age or job, businesses can easily find their customers’ hobbies and interests. As a result, corporations can recommend the appropriate products for their clients. Moreover, when holding client’s information, businesses can smoothly arrange their customer groups. Therefore, they can easily monitor which groups are their potential consumers, and develop the most suitable products for this group.
On the other hand, I think that the disadvantages still outweigh the advantages. Firstly, nobody can ensure that their personal information can be kept safe by the companies that collect it. For example, Meta, which is one of the biggest businesses in the world, sold private information of approximately 1.5 billion customers. As a result, many people were in danger of being scammed and hacked into their banking or other internet software accounts. Moreover, when private information is revealed, people’s lives will be invaded by spam messages, calls or advertisements, which will poorly affect their mentality and daily life.
In conclusion, although businesses and corporations can bring their customers some benefits when holding their information, the risks of losing personal information and being targeted for unwanted services and scams still overshadow the benefits for most people.