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With these NSA revelations, I feel like there is still an elephant in the room nobody has yet started talking about... THIS DATA CAN BE USED TO UNDERMINE YOUR
by mrschwabe 13y ago
With these NSA revelations, I feel like there is still an elephant in the room nobody has yet started talking about...
THIS DATA CAN BE USED TO UNDERMINE YOUR STARTUP.
It's not just privacy we should be concerned about. It's our economy.
Whether it is corporations willfully collaborating in secret with the government or government secretly infiltrating corporations - either way, this presents a serious opportunity for exploitation of the public marketplace.
Because with this amount of data, the NSA has a goldmine of business intelligence that it can put to 'strategic use' via third-party 'partners' who can actively participate in the market; ie- COMPETE WITH YOU.
This is unfair and a terrible flaw in an economic system.
- cracell 13y agoThis is exactly what Brazil is so upset about http://rt.com/news/us-spied-brazil-oil-588/ http://rt.com/news/us-spied-brazil-oil-588/ And really if you have the data, why not?
- Zigurd 13y agoThat is one very big multi-tens-of-$billions and maybe more reason our allies are deeply unhappy about the extent of snooping. If you are preparing a bid at Embraer, you may get the feeling the only ones you win will be the ones Boeing finds unprofitable. The NSA has the data to rig the economy globally, and to rig politics within the US. Who here is going to stand up for them and say: No, they wouldn't. They have too much restraint.
- lemming 13y agoI'm not sure about the US, but in the UK GCHQ has this sort of activity explicitly as one of its three principal mandates - it's something along the lines of "protect the economic interests of the UK". You can imagine the applications to the UK's huge arms industry, for example, which has historically had very strong ties to the government.