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Comment by dajtxx

3 days ago

I agree but I think the problem will be if the consequences are that dire then entire classes of business will cease to exist OR the cost of doing things properly will be passed on to the consumer.

I struggle to see how data brokers, social media, etc are a net benefit to society so would be happy to see those sorts of businesses cease to exist, but I suspect I'm in the minority.

The entire targeted advertising industry is basically a progressive tax.

The "social contract" is that many services are fully or partially financed by advertising. Rich people produce more ad revenue (because they spend more), but they get the same quality of service, effectively subsidizing access for the poorer part of the population, who couldn't afford it otherwise.

If we break this social contract down, companies will still try to extract as much revenue as possible, but the only way to do that will be through feature gating, price discrimination, and generally making your life a misery unless you make a lot of money.

  • << generally making your life a misery unless you make a lot of money.

    Wait.. are you saying that we are currently living through the best of all worlds version of things?