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> you have to make more profit than the people investing money in the company could make elsewhere. Bingo. That's precisely the reason we need legislation in
by dreamcompiler 6y ago
> you have to make more profit than the people investing money in the company could make elsewhere.
Bingo. That's precisely the reason we need legislation in the US similar to the GDPR. Until all companies are forbidden to collect customer data, companies that don't do so will always be at a profit disadvantage. Once all companies are forbidden from abusing their customers, investors won't have the option of investing in companies that abuse their customers. Which is exactly as it should be.
- Nextgrid 6y ago> companies that don't do so will always be at a profit disadvantage I would be really curious as to how data collected from a Sonos speaker (without the ability to directly monetize that data themselves for advertising, as nobody would be buying speakers that insert ads) can be worth anything more than a rounding error of their current revenue.