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I think it is clear we need more public regulation over these companies, and a lot of the mechanisms need to be embedded in a non-profit / social utility system
by survirtual 4y ago
I think it is clear we need more public regulation over these companies, and a lot of the mechanisms need to be embedded in a non-profit / social utility system, given they DIRECTLY impact politics. Anything that democracy is reliant upon should not be subject to private, opaque control.
In the case of data harvesting, data is the most valuable resource. You can control what people want using data. No entity should have unfettered access to data — it is undeniably evil in the truest sense of the word. Which, in the context of my use, means to decay forward progress or to increase aggregated suffering.
They will not fix these issues until the public makes it so painful not to, that they must. As an example, how is Experian still in business after what they’ve done? They should have had a $100 billion+ fine levied against them, and that fine should pierce through limited liability to the extent that the board of directors and C-level staff are liable for it. The company and any owners of it should be bankrupted and living in poverty after what they’ve done.
Until we make PEOPLE liable for the evils they induce on others, this will keep happening. I don’t get limited liability if I went out and murdered someone, why should the PEOPLE running companies have limited liability when they murder millions with pollution, or with financial terrorism? Answer: they shouldn’t.
- TeeMassive 4y agoIf it impacts politics then it is one more reason not to be regulated by politicians.
- winternett 4y agoGovernment regulation spans further than just rules engineered by a few politicians, it can be publicly voted upon, and it can dictate minimum standards that are upheld across private business for everyone's safety, which in this case is highly warranted. It's the best chance we have to stop this horrible trend. Companies have shown repeatedly that they are not trust-worthy nor responsible enough to self regulate.
- TeeMassive 4y ago> Government regulation spans further than just rules engineered by a few politicians, it can be publicly voted upon You're making a distinction without making a difference. Regulating public forums for their content outside of illegal content has never been not abused. The UK is learning this the hard way with the police "checking the thinking" of netizens. If you think companies are bad, then imagine politicians. I can switch off to another social media but I can't switch out to another state.