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Not handling your data well will not cost google billions of dollars in value. Dealing with mega-corps that treat you poorly always remind me of this exchange
by Eddy_Viscosity2 5y ago
Not handling your data well will not cost google billions of dollars in value.
Dealing with mega-corps that treat you poorly always remind me of this exchange from hhgttg:
Builder: Do you have any idea how much damage this bulldozer would suffer if I just let it roll straight over you?
Arthur: No. How much?
Builder: None at all.
- dr_dshiv 5y agoYou don't think that if Google has a data accident (e.g., my Gmail data gone or leaked) that their stock price would fall? Of course it would.
- danielheath 5y agoIf they lost everyones? Of course. Yours? No. You can join the choir of people complaining that google has locked them out of their accounts.
- afarviral 5y agoif your individual data was leaked? Um, you'd open a support case and likely get some bottled response... before then needing to go a media outlet or trying to gain some traction on social media... even then the impact would be minimal. Maybe if you are a famous person or the data leak occurred en-mass itd be a different story? Id be curious if this sort of thing has happened.
- jefftk 5y agoI think this would be a major news story: I'm pretty sure it has never happened. (Disclosure: I work for Google, speaking only for myself)
- amelius 5y agoJust like Facebook brand value plummeted after Cambridge Analytica. I.e., not at all.
- dr_dshiv 5y agoYeah, exactly. If that happened to Google, they would lose value in a way that Facebook wouldn't. That's why I trust Google. I'm sure millions of others at least implicitly share my opinion. And, I'd argue, the more explicit this opinion becomes, the more real the value and the greater the risk to Google for being a poor data steward.
- infinitezest 5y ago> Yeah, exactly. If that happened to Google, they would lose value in a way that Facebook wouldn't. Why do you think that it would be different for Google?
- dr_dshiv 5y agoBecause they offer a very different service than Facebook.
- olah_1 5y agoThere is nothing Alphabet could do to lose money. Nothing. They have already completely screwed people many times over. Deleting all of their drive data and locking them out of 10 year old accounts for false alarms on some “bad content” or something. One does not simply sue a company like this. It is larger and more wealthy than a nation state and unaccountable to all. The Butlerian Jihad seems more plausible every year.
- jefftk 5y agoAside: Cambridge Analytica was a scandal of interoperability. People gave CA access which it then abused to collect data about others. In the kind of highly interoperable world that is being proposed here, this is not something that you could prevent.