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The sooner companies understand that data is a liability (hopefully with some "help" from governments - GDPR is a decent step in that direction) the sooner they
by mtgx 9y ago
The sooner companies understand that data is a liability (hopefully with some "help" from governments - GDPR is a decent step in that direction) the sooner they will start implementing a "least data collection" principle and adopt end-to-end encryption for as many of their services as possible.
- phamilton 9y agoI've never heard it expressed this way, but GDPR is essentially a tax on collecting data. Not in a revenue generating way, but definitely in a "discouraging behavior" way. It increases costs for companies to collect and store user data.
- rdlecler1 9y agoIt’s ridiculous that a one person startup with no revenue has to spend time dealing with GDPR regulations. This should have been structured to deal with the kinds of entities that lead to the law being written in the first place. This is only going to tax small startups and stifle innovation, giving an even bigger moat to the large incumbents. The road to hell is paved with good intentions...
- ahartmetz 9y agoNot collecting data is cheap and easy!
- rdlecler1 9y agoI assume you don’t run a web startup.
- orwin 9y agoNo, the way GDPR is written, the cost is null for most small startups in europe. And for the startups in need of personnal data, either the ammount of data that need protection is small (like a birth day field) and will need at most ~4 day (counting deployment) to be corrected, or they are working with state-related business (at least in France). Source: i'm currently paid to create ML and data analytic clusters for startups and to give some advices on regulation.
- aalleavitch 9y agoIt was one data scientist at Cambridge who supplied Cambridge Analytica with the data for 50 million facebook users. The size of the company doesn't matter. One person with an API and a database can do as much damage as a massive company.
- abraae 9y agoI look forward to using GDPR to solve nasty technical questions about data retention and sovereignty. Like many saas companies, we probably tend towards keeping data around in case our customer can make use of it at some time in the future. Now we'll be able to just be more hard core about not retaining data "just in case".