Insights: How Fitbit is Considering Monetizing User Data
CEO James Park explains why the company doesn't want to sell your personal health tracking data to third parties, but he does want to make money off it. (March 2018)
[MUSIC PLAYING] JAMES PARK: So for us, we clearly don't want to monetize data directly, meaning sell it to third parties, et cetera. It's not in our interests. And there's already a lot of regulation, including GDPR in Europe, that's going to heavily regulate this for the protection of consumers. Bu...