3 ms·

That isnt going to happen under the current deregulatory administration.

leeoniya 9y ago
it's unlikely to happen in any administration. proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so. as you said, the latter is unlikely to be meaningfully strengthened. fines and enforcement must present a significantly larger liability than profit opportunity for any real changes to ever take place. else it's just written down as another expense of doing business as usual.
- ianai 9y ago
  On the other side, it sounds like a job that needs to be done 24/7 and could be done remotely. Precisely the sort of thing that could employ rural America with suitable infrastructure build-out.
- JumpCrisscross 9y ago
  > proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so Counterfactual: finance, another high-margin industry with a penchant for bad decision making, funds a proactive and multi-pronged regulatory apparatus. We are all safer for it.
  - leeoniya 9y ago
    in large part this is made easier because most money travels by known and monitored channels (banks, businesses certified to be money transmitters, etc) with very little going via cash. data on the other hand is a much more diverse & fluid asset that travels via a million unmonitored/encrypted channels and can be copied easily. if all money could be easily copied and most transactions were in cash, proactive regulation would be too expensive. i think.
    - JumpCrisscross 9y ago
      > data on the other hand is a much more diverse & fluid asset that travels via a million unmonitored/encrypted channels and can be copied easily Securities are quite diverse. And people regularly try to get around securities regulation by calling their securities "stamps" or "tokens" or "coins" or whatever. A regulator for social media companies over a certain size might not be a bad idea. (My preference is consumer controls with strict penalties for non-compliance, à la how Illinois governs biometric data [1].) [1] http://www.chicagotribune.com/business/ct-biz-facebook-tagging-privacy-lawsuit-20180417-story,amp.html http://www.chicagotribune.com/business/ct-biz-facebook-taggi...
- amelius 9y ago
  > proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so Just let ad networks pay for it. Ad networks had a chance of self-regulation but they failed. Also, how are you going to catch them if you don't watch them?

it's unlikely to happen in any administration. proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so. as you said, the latter is unlikely to be meaningfully strengthened. fines and enforcement must present a significantly larger liability than profit opportunity for any real changes to ever take place. else it's just written down as another expense of doing business as usual.

ianai 9y ago
On the other side, it sounds like a job that needs to be done 24/7 and could be done remotely. Precisely the sort of thing that could employ rural America with suitable infrastructure build-out.
JumpCrisscross 9y ago
> proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so Counterfactual: finance, another high-margin industry with a penchant for bad decision making, funds a proactive and multi-pronged regulatory apparatus. We are all safer for it.
- leeoniya 9y ago
  in large part this is made easier because most money travels by known and monitored channels (banks, businesses certified to be money transmitters, etc) with very little going via cash. data on the other hand is a much more diverse & fluid asset that travels via a million unmonitored/encrypted channels and can be copied easily. if all money could be easily copied and most transactions were in cash, proactive regulation would be too expensive. i think.
  - JumpCrisscross 9y ago
    > data on the other hand is a much more diverse & fluid asset that travels via a million unmonitored/encrypted channels and can be copied easily Securities are quite diverse. And people regularly try to get around securities regulation by calling their securities "stamps" or "tokens" or "coins" or whatever. A regulator for social media companies over a certain size might not be a bad idea. (My preference is consumer controls with strict penalties for non-compliance, à la how Illinois governs biometric data [1].) [1] http://www.chicagotribune.com/business/ct-biz-facebook-tagging-privacy-lawsuit-20180417-story,amp.html http://www.chicagotribune.com/business/ct-biz-facebook-taggi...
amelius 9y ago
> proactive monitoring is cost prohibitive compared to reactive punishment and a legal framework for doing so Just let ad networks pay for it. Ad networks had a chance of self-regulation but they failed. Also, how are you going to catch them if you don't watch them?