Inside The Box

Facial Recognition Technology: Risks and Benefits

Published: 01/2017

Facial recognition technology has received significant attention in the past several years due to its potential for a wide variety of applications. The global market reached $2.77 billion in 2015 and is expected to grow to $6.19 billion by 2020.

We can see the benefits of facial recognition technology related to security and criminal identification. The FBI has access to 412 million images as part of its face recognition database. In addition, valuable personal information allows advertisers to place their ads based on their customers’ unique affinities, and ordinary people find relief from a tool that automatically tags the people on all those birthday party pictures.

However, what happens when technology creates risks to your privacy and even your safety?

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