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Unintended consequences: This could make running a public Wifi hotspot a losing proposition for many businesses that operate one today.
by excalibur 8y ago
Unintended consequences: This could make running a public Wifi hotspot a losing proposition for many businesses that operate one today.
- Rjevski 8y agoGiven that most (all?) public Wi-Fi's primary function is to collect data & stalk people for advertising, it's not a big loss.
- cdoxsey 8y agoRegardless of their intended purpose, in a world of costly cell phone data plans, the widespread availability of public wifi has been fantastic when you need it. Would be a real bummer to lose that if nothing takes its place.
- thrmsforbfast 8y agoNope. The bill defines covered entities in Sec. 2.(5)(A) and 2.(5)(B). In particular, companies with less than $50,000,000 in gross receipts and information on fewer than 1,000,000 customers are not covered by this legislation. And even if those apply to your local coffee shop or whatever, Sec. 2(5)(B)(iii) further limits the definition of covered entity so that businesses that do not provide 3rd party access to information are not covered. So Starbucks and other huge coffee chains/retail shops are the only organizations that would have to re-evaluate data collection from their public Wifi hotspots, and even then might be exempt depending on what they are collecting and how they are using that information. And, I should point out, these companies will need privacy experts on staff anyways, so this provision is highly unlikely to cause them to shutter their in-store Wifi networks... Additionally, some of the more onerous requirements only apply to a subset of covered entities with yet larger gross receipts and yet larger numbers of tracked consumers. But, unequivocally, your locally owned mom & pop coffee shop is excluded from consideration under this provision multiple times over.
- blululu 8y agoUnless inflation happens... This only applies to big businesses now, but in 25 years it will start effecting medium sized firms and it will eventually hit small businesses. This will create a morass of bureaucratic regulations stifling entrepreneurship...
- ebullientocelot 8y agoGranting the assumption of monotonically increasing inflation at a wild rate, this is still only true ceteris paribus. I can't imagine inflation that would make a small coffee shop chain into 50m/year revenue (customer floor requirement notwithstanding) would happen in a vacuum.
- anticensor 8y agoWhat he means is regulatory inflation, not the monetary one. A few years later, the customer threshold would be amended to a few thousands, ten years later, the thresholds would be abolished.