Online User Choices Data Analytics and Privacy in Digital Marketing: Legal-Ethical Landscapes in the Digital-Futuristic Arena Projecting Multiple Layers of Artificial Intelligence and Blockchain
摘要
The digital market offers users a plethora of choices from products and services to content consumption. However, this abundance of options raises questions about how user choices are tracked, analyzed and utilized by businesses for marketing purposes. So, striking a balance between personalized experiences and user privacy becomes paramount. As the companies utilize cutting-edge technology like Blockchain and Artificial Intelligence (AI) the ethical and regulatory frameworks pertaining to user data are changing. The governments worldwide are enacting and enhancing data protection regulations to safeguard privacy of users. The ethical use of user data is a growing concern and the major issues of transparency, consent and fairness in data practices are crucial to building and maintaining trust with users. Artificial Intelligence plays a pivotal role in enhancing the effectiveness of digital marketing campaigns as from predictive analytics for personalized recommendations to chatbots for customer interactions, AI-driven technologies streamline marketing processes. Blockchain as decentralized and secure nature is increasingly being explored as a solution for enhancing privacy in digital marketing. This chapter comprehensively explores the complex dynamics between online user choices, data analytics and privacy in the context of digital marketing.