The Generation Lab has introduced a groundbreaking platform called Verb.Ai, which allows individuals to earn money by sharing their data anonymously. This platform aims to provide fair compensation to users by tracking their browsing habits and creating digital twins for accurate market insights. This innovative approach is changing the way companies collect data and conduct market research.
According to Cyrus Beschloss, the CEO of Generation Lab, Verb.Ai is designed to address the issue of corporations extracting user data without adequately compensating individuals. By offering transparency and fair compensation, this platform is revolutionizing the way data sharing is perceived.
Users can participate in Verb.Ai by downloading a tracker on their phones for just $50 per month. This tracker monitors browsing habits, purchases, and streaming app usage while ensuring the privacy of bank account activity. The data collected is used to create digital twins, enabling companies to gain a deeper understanding of consumer behavior.
Imagine a political advocacy group wanting to understand the news sources of women under 30. With Verb.Ai, they can access digital twins of this demographic for accurate insights. This method is compared to an MRI machine in Generation Lab’s pitch deck, highlighting the shift from traditional market research methods.
A significant portion of Gen Z is willing to share personal data, with 88% open to sharing information with social media companies in exchange for incentives. This shift in demographic preferences is reshaping how companies approach data collection. Verb.Ai focuses on tracking user behavior to provide more accurate consumer insights.
With a target of reaching 5,000 users by September, Generation Lab is poised to disrupt the market research industry with its transparent and fair data sharing model. The future of polling is here, emphasizing the importance of ethical and transparent data practices.