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User data is a liability, not an asset. However this is untrue when breaches, leaks and misuse aren’t prosecuted. It’s a shame we have ended up here.
by lostlogin 2y ago
User data is a liability, not an asset. However this is untrue when breaches, leaks and misuse aren’t prosecuted. It’s a shame we have ended up here.
- bdjsiqoocwk 2y ago> User data is a liability, not an asset. Yeah Google and Facebook are all losing money in those liabilities. No theyre not, they're printing money because user data is an asset. Stop repeating silly sound bytes.
- sonofhans 2y agoUser data is only an asset if your business model demands it, like Google and Facebook. If you don’t have, and won’t create, a way to monetize it then yes, it’s strictly a liability.
- idle_zealot 2y agoIt's not that it is a liability, it's that it should be. Likewise, it currently is an asset, but shouldn't be monetizable.
- lostlogin 2y agoWhen you quote part of my comment, it give a different message. Clever!
- BadHumans 2y agoThis is only true if the cost of storing user data is greater than the profits it generates. When companies are allowed to sell out users and punishment for data leaks are just seen as the cost of doing business then why would you not store whatever data you can get your hands on?