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In my experience, this is business. I'm working on a product right now that would not pass the scrutiny of AGs or the CFPB. We will release and run for years ma
by datavirtue 3y ago
In my experience, this is business. I'm working on a product right now that would not pass the scrutiny of AGs or the CFPB. We will release and run for years making tons of money until the regulators catch up and realize what we are doing. Then we will ask forgiveness and compromise a bit. This is how self-policing works in banking and other regulated industries.
Companies like Uber skate along until new legislation is created that regulates them. Good luck with that.
- hiddencost 3y agoYou can always leak and get an SEC whistleblower kick back. You know you're doing something wrong. You have the power to do something about that.
- datavirtue 3y agoIt's not illegal, it just wouldn't bode well to ask permission because a lot of the authorities would say no.
- amerkhalid 3y agoWow. When they are caught, hopefully, they don't pull Volkswagen, and throw engineers under the bus.