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The entire adtech business is due for correction. It's strange that you think the business models are going to fly in Asia. China and many Asian countries are
by dnomad 8y ago
The entire adtech business is due for correction.
It's strange that you think the business models are going to fly in Asia. China and many Asian countries are laying out privacy regimes that are even more strict than the GDPR. Take a look at China [1] or Thailand [2]. Pretty soon it will be the case only in America that adtech companies can collect and sell endless personal information without consequence.
[2] https://www.bangkokpost.com/business/news/1455534/new-data-law-aimed-at-ensuring-privacy https://www.bangkokpost.com/business/news/1455534/new-data-l...
- manigandham 8y agoWhat are you talking about? China with it's national real-time citizen tracking using 'social credit' scores, facial recognition, and internet firewalls really cares about your privacy? Ok, spend all your time going after the ad company and ignore the government which is 1000x worse and will control your life or toss you in a cell. Good luck with that.
- kadenshep 8y agoHe's not ignoring that? He's pointing out the laws are stricter when dealing with private companies. You are talking about two completely orthogonal laws or standards.
- manigandham 8y agoIt's connected to their other comment: https://news.ycombinator.com/item?id=17158209 https://news.ycombinator.com/item?id=17158209 The laws are not stricter (they arent even laws yet), and they are meaningless in those areas because the government itself already defies them.
- kadenshep 8y ago>they are meaningless in those areas because the government itself already defies them. That doesn't make laws meaningless.
- KirinDave 8y agoIn this more specific case, it's very difficult to judge China's policies with an even tilt because private Chinese companies are ad hoc lifted to "public status" when they're convenient for the government to leverage. But China grants legal exemptions without especially good or consistent oversight over those countries. The net result is an awful lot of folks who get a legal exemption for a specific aspect of their business and then tend to run roughshod in other less scrutinized areas.
- kadenshep 8y ago>very difficult to judge China's policies with an even tilt because private Chinese companies are ad hoc lifted to "public status" when they're convenient for the government to leverage. How is this different from any other western government?
- KirinDave 8y agoHaving worked at a high profile government contractor, my observation is that you don't get the same kind of leverage other folks report. Also, the bidding process is cuthroat and subject to public scrutiny here. Now if you're taking about security contractors, that's different and the same the whole world over I guess.