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Business model that could make so much money that followed-up penalties for privacy violations already priced-in. Until government steps in - this behavior wil
by gesman 8y ago
Business model that could make so much money that followed-up penalties for privacy violations already priced-in.
Until government steps in - this behavior will continue.
The question and blames should be directed to lawmakers - why they are hesitant to pass strong privacy laws to stop that.
Clearly FB is not going to do anything. It's way cheaper to send Mark Z. to be grilled once a year then abandon privacy violation based business models.
- 908087 8y ago> why are they hesitant to pass strong privacy laws Because companies like FB/Google/Amazon spend ridiculous amounts of money "lobbying" and trading favors with the government to prevent them from doing anything to get in the way of surveillance capitalism.