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Exactly. Exchanging private and personal user data without consent and without users being aware of it, for their profits.
by baranul 4mo ago
Exactly. Exchanging private and personal user data without consent and without users being aware of it, for their profits.
- thephyber 4mo agoIt’s important to understand that in the USA, data is owned by the collector (eg. The app or SaaS who generated it), not the person who is described by it. Until this legal regime changes, we will constantly be playing whack-a-mole with laws like this.
- Hikikomori 4mo agoThat sounds like something Europeans would do, so it's anti american.
- dotancohen 4mo agoIn Europe, who owns the copyright of a photograph? The subject or the photographer?
- Hikikomori 4mo agoIf a company writes down my personal information do they now own it?
- dotancohen 3mo agoI believe that the Bern convention stipulates that they now own that particular expression (e.g. formatting) of your personal information. Check before relying on that.
- charcircuit 4mo agoThe economy is not 0 sum. Someone else profiting doesn't hurt you.
- markdown 4mo agoSeems you missed that part that DOES hurt us: > Exchanging private and personal user data without consent and without users being aware of it
- charcircuit 4mo agoThis information allows other companies to make more informed decisions. Other companies making better decisions doesn't "hurt us".
- blitzar 4mo agoWe collect your data, sell it to the highest bidder and sun ourselves on a yacht we bought with the proceeds ... "to help you".
- Avicebron 4mo agoAnd when those "informed decisions" are denying healthcare/insurance/loans/what have you?
- charcircuit 4mo agoI personally see it as similar to fraud if you are deliberately hiding a piece of information that makes you riskier to insure or loan money to. In order to accurately assess risk you need personalized data. So I see this as being a more fair deal. It's like when the internet made it possible to look up the price of good easily how it made it less likely for buyers to be able to lowball people. These price guides may be bad for these buyers, but it provides a more fair deal for these seller.
- iamnothere 4mo agoI agree. If someone is found to be employed by a data broker, for example, they should be uninsurable and should not receive loans.
- 4mo ago