Comment by baranul
4 days ago
Exactly. Exchanging private and personal user data without consent and without users being aware of it, for their profits.
4 days ago
Exactly. Exchanging private and personal user data without consent and without users being aware of it, for their profits.
It’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.
That sounds like something Europeans would do, so it's anti american.
In Europe, who owns the copyright of a photograph? The subject or the photographer?
1 reply →
The economy is not 0 sum. Someone else profiting doesn't hurt you.
Seems you missed that part that DOES hurt us:
> Exchanging private and personal user data without consent and without users being aware of it
This information allows other companies to make more informed decisions. Other companies making better decisions doesn't "hurt us".
7 replies →
You’re right and wrong: today’s economy is often negative sum from total utility perspective. It hurts society and the person but it helps Mark Suckerberg and Scam Altman and the private equity firms.
It’s positive sum from a wealth-weighted utility calculation though. And that’s why it happens.