Ethics of big data : a socio-economic perspective

Abstract EN

-With the development of information technology, artificial intelligence, and robots, capitalism has increasingly assumed a form of platform capitalism which is ‘reconceptualizing our economy’ to the extent that it is ‘forcing us to rethink economics’.

Capitalism and various institutions controlled by this system have been the subject of criticism in the past and need was expressed to reform them.

But today it has become most obvious that there is need for ‘replacing it with a more caring and provisioning sustainable system’.

The steps taken by the 28 European Union countries regarding General Data Protection Regulation (GDPR) are commendable.

It is recommended that Muslim countries should adopt similar regulations for the protection of the data of their citizens as it is in full conformity with the Qur’ānic teaching of privacy preservation