23andMe Bankruptcy: What Happens to Your Genetic Data?

Knowledge at Wharton

Episode Description

ABOUT THE EPISODE In this episode, Dan Loney speaks with Gideon Nave, Associate Professor of Marketing at the Wharton School, about the ethical and legal implications of genetic data privacy in the wake of 23andMe’s bankruptcy. Nave explores the unique sensitivity of genetic information, the risks of data misuse, informed consent, and the role of regulation. He also shares his personal perspective as both a researcher and former customer of 23andMe.

ABOUT THE PODCAST The Wharton Business Daily podcast features interviews with top business leaders, innovators, and renowned Wharton faculty about the latest news, fascinating trends, and issues impacting both consumers and the business world. Episodes are recorded at the Wharton School.

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Brief Summary

Gideon Nave discusses 23andMe's bankruptcy, genetic data privacy, and the need for better regulations on personal data ownership.

Key points

  • The Importance of Genetic Data. Gideon Nave explains why genetic data is unique and sensitive, emphasizing its lifelong impact.
  • Consent and Data Ownership. The conversation highlights the complexities of consent regarding personal data and its implications.
  • Regulation of Genetic Data. Gideon Nave stresses the need for regulation in handling sensitive genetic data.

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