ELI5: Explain Like I'm 5

Data philanthropy

Data philanthropy is when people share information to help others in need. Imagine you have a lot of toys and some of your friends don't have any toys. If you share some of your toys with your friends, they will be happy and have something to play with.

Now, imagine instead of toys, it's information. Companies and organizations have a lot of information about people, like what they buy and where they live. Some of this information can be helpful to other people or organizations that are trying to solve problems like hunger or disease.

So, some of these companies and organizations decide to share some of their information for a good cause. It's like they are sharing their toys with their friends who need them. This is called data philanthropy. By sharing their information, they are helping others to create better programs or strategies to help those in need.

But, just like with toys, you have to be careful about sharing information. You wouldn't want to share personal information, like your address or phone number, with someone you don't trust. Companies have to be careful about sharing too much information too, and they have to follow certain rules to make sure they protect people's privacy.
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