MIT professor wants to shift power to the people by building local data collectives

By Veronica Combs

The new book, "Building the New Economy," has a plan for making cities more agile and resilient: Local control of individual data. Residents of a small town or a large city could pool their data in co-ops which would analyze this data to benefit the members. Instead of a one-size-fits-all approach to healthcare needs or banking services, communities could tailor solutions to fit the local demographics and economy.

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