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unpaywalled mirror: http://www.foxbusiness.com/features/2017/09/05/verizon-wants-to-build-advertising-juggernaut-it-needs-your-data-first.html http://www.foxbus
by andrenotgiant 9y ago
unpaywalled mirror: http://www.foxbusiness.com/features/2017/09/05/verizon-wants-to-build-advertising-juggernaut-it-needs-your-data-first.html http://www.foxbusiness.com/features/2017/09/05/verizon-wants...
I'm actually ok with this idea, because it introduces the concept of companies "paying" for your data. To me, that means a couple things:
1. People with privacy concerns can use verizon but _not_ participate in their data collection program.
2. It opens up the idea of a competitive market for your data. Google and others have gotten away with "all your data for free access to [product]" for too long, which is almost like a fixed exchange rate. Clearly, Google makes enough money in search that they could have started "paying" users to use their products long ago.
- ATsch 9y agoI think that there will be ethical issues as long as "your" data is owned by the company collecting it, not you and can be used in any way without your consent. I believe that until this relationship is reversed, voluntarily giving your data can never be beneficial. If your data can be collected and traded freely there is a high probability of it reaching well-paying but malicious parties at some point, if even just in a decade when the company goes bankrupt. I'm curious how things like GDPR that attempt to fix this will change the landscape in terms of this.
- dublinben 9y agoUnpaywalled redirect to the original article as well: https://facebook.com/l.php?u=https://www.wsj.com/articles/verizon-wants-to-build-an-advertising-juggernaut-it-needs-your-data-first-1504603801 https://facebook.com/l.php?u=https://www.wsj.com/articles/ve...
- strictnein 9y agoA nice bookmarklet based on that: javascript:window.location.href='https://m.facebook.com/l.php?u='+encodeURIComponent(window.location.href);
- ocdtrekkie 9y agoI am relatively okay with it insofar as that it is an opt-in program instead of an opt-out program. There is a clear requirement that you agree to give them access to the data, and in fact, from your Verizon account you can flip a switch on each line that prevents you (or any user on your account) from accidentally agreeing to Verizon Selects, that you'll need to go in and uncheck before anyone on your account can sign up. However, I am doubtful this is an act of goodwill on Verizon's part, as opposed to being due to the much stricter privacy requirements ISPs and telcos are held to compared to your average tech company. If Verizon could just silently collect your data and sell it, I'm reasonably confident they would.
- daenney 9y agoVerizon is already being paid to provide you with access. So now on top of that they also want rather unfethered access to your online activity for which you might receive a small token in return, which may or may not be a reward you actually want. Your connection fees plus the amount of money theyll get for reselling your data isnt remotely evenly matched, theyre not really paying for anything. This is just another scheme to milk their customers further.
- passivepinetree 9y agoI think you mean unfettered, rather than unfethered, which I don't believe is a word. I'm sorry to be that person.
- daenney 9y agoNo worries, I don't actually mind. And you're right!