6 ms·
When a law is “vague” in that it intentionally tries to be overly broad in protecting the average citizen from corporations, that’s a good thing. GDPR is very
by tw04 2y ago
When a law is “vague” in that it intentionally tries to be overly broad in protecting the average citizen from corporations, that’s a good thing. GDPR is very much meant to scare the facebooks of the world whose default modus operandi is: your privacy means nothing, I have a revenue number to hit and I don’t care if it ruins your life in the future.
I WANT it to be difficult for AI companies to steal other people’s hard work just like I WANT Facebook to have to spend millions of dollars on lawyers to make sure whatever data they’re collecting and sharing about me doesn’t violate my rights.
- miohtama 2y agoThe problem is that the GDPR has been largely a failure protecting citizens from corporations, but it has hurt everyone else. - Nothing has changed in Facebook and Google data collection practices, who with other bug corps account for > 90% of data collection - Many mid tier competitors lost market share, focusing power to Google - EU small software companies pay estimated extra 400 EUR/year to satisfy GDPR compliance with little tangible benefits to the EU citizens. It's called unintended consequences. We all want Zuckerberg to collect less data, but how GDPR was implemented is that it mostly hurt small businesses disproportionately. E.g. you now need to hire a lawyer to analyse if you can collect an IP address and for what purposes, as discussed here.
- guappa 2y ago> EU small software companies pay estimated extra 400 EUR/year [citation needed]
- verzali 2y agoI will be honest, I am always very skeptical of these claims that the big tech companies are fine but small business is hurting. Many of them seem to originate with the big tech companies themselves and I highly doubt they really have the interests of small business in mind. Plus, I'm old enough to remember when everyone claimed EU tech law was about to ban memes, which didn't happen...
- miohtama 2y agoHere > The main burden falls on SMEs, which experienced an average decline in profits of 8.5 percent. In the IT sector, profits of small firms fell by 12.5 percent on average. Large firms, too, are affected, with profits declining by 7.9 percent on average. Curiously, large firms in the IT sector saw the smallest decline in profits, of “only” 4.6 percent. Specifically, the authors find “no significant impacts on large tech companies, like Facebook, Apple and Google, on either profits or sales,” putting to bed the myth that U.S. technology firms are the enemy of regulation because it hits their bottom lines. https://datainnovation.org/2022/04/a-new-study-lays-bare-the-cost-of-the-gdpr-to-europes-economy-will-the-ai-act-repeat-history/ https://datainnovation.org/2022/04/a-new-study-lays-bare-the...
- huijzer 2y agoThat is typically the problem with regulations. It’s usually easier for large companies to comply. It’s called regulatory caption.
- giancarlostoro 2y agoWe saw a bunch of small side project type of sites from the EU close down all over HN after GDPR became a thing. The risk for someone small is too high. The minimum fines are in the millions.
- 2y ago
- tw04 2y ago> The problem is that the GDPR has been largely a failure protecting citizens from corporations, but it has hurt everyone else. This is just laughably incorrect. Literally every Fortune 500 that I work with who has operations in Europe has an entire team that owns GDPR compliance. It is one of the most successful projects to curtail businesses treating private data like poker chips since HIPAA.
- mavhc 2y agoIs their job to reduce private data to the minimum needed, or the maximum allowed?
- raron 2y agoIt would really hard to believe that Google and Facebook do comply with the (spirit of the) GDPR and deletes all personal data when it is no longer necessary. That would simply go against their business model. Anyways, GDPR doesn't protect your data, it just specifies how companies can use it. So all my name, address, phone number, etc. will still be stored by every webshop for 10 years or so just waiting to be breached (because some tax laws).
- fxtentacle 2y ago"Nothing has changed in Facebook and Google data collection practices" https://noyb.eu/en https://noyb.eu/en Facebook and Google got sued, paid fines, and changed their behavior. I can do an easy export of all of my FB and G data, thanks to the GDPR. "EU small software companies pay estimated extra 400 EUR/year to satisfy GDPR compliance" WTF? no! I work with several small companies and it's super easy to just NOT store anyone's birthday (why would you need that for e-commerce?) and to anonymize IPs (Google provides a plugin for GA). And, basically, that's it. Right now, I can't even find an example of how the GDPR has created any costs. It's more like people changed their behavior and procedures once GDPR was announced and that's "good enough" to comply.
- everforward 2y ago400 Eur is pretty small, it rings true to me. Maybe not in literal costs, but 400 Euro of employee salaries is pretty low. Figuring out how to not store IPs but also be able to block malicious IPs probably costs at least 400 Euro in employee salaries. At 40k EUR / year in salary, that's about 1.6 hours a month dealing with GDPR. That sounds about right; it's like 5 hours a quarter deploying anonymizers or updating code to export the data you have on people. I honestly expected it to be higher; I would have thought it was in the realm of 40 hours a quarter just doing mundane things. Auditing to make sure PII didn't sneak in somewhere, updating anonymizer code/deployments and reviewing the same.
- deleted 2y ago[deleted]