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Short-Run Effects of GDPR on Technology Venture Investment

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Re: Short-Run Effects of GDPR on Technology Venture Investment

#31

Post by cartep »

lagadu wrote: post #22
cartep wrote: post #20

Earlier quoted context omitted.

The main defense against tracking used to be (in addition to more modern anti-tracking features) to configure the browser to remove cookies when exiting it. With the big dialogs that one systematically finds at websites now, in practice you are being forced to accept those cookies, if only to avoid seeing those monster dialogs again. So in practice the EU is massively driving people to accept permanent cookies. That'…

The cookies dialogs have nothing to do with GDPR.

Those dialogs are about GDPR consent. You do not know what you are talking about.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#32

Post by upofadown »

ndnxhs wrote: post #24
virmundi wrote: post #14

Earlier quoted context omitted.

I’m interested in how the vagraties of the law plays out. I’m working on software that won’t use ads or CDNs. All traffic terminates with my system. I will use cookies. I have no intent on putting up one of those cookie notification banner. All data I collect is to run the site. While that is valid under GDPR, I bet the EU will come a knockin for a fine if the site gets big enough

The cookie banner is only needed for 3rd party cookies.

... and persistent 1st party cookies which are then allowed to stick around for up to a year.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#33

Post by [deleted] »

Mary-Jane wrote: post #23
Carpetsmoker wrote: post #13

Earlier quoted context omitted.

Facebook isn't contributing one iota to any of these things, and neither are most tech/internet companies. Whether or not we can eat is determined by farmers, truck drivers, distribution centre workers, store clerks, etc. Whether or not we have somewhere to live is determined by construction workers, electricians, plumbers, engineers, etc. Access to health care is determined by doctors, nurses, pharmacists, etc. All…

Is this perspective so pervasive on this forum that no one's going to challenge these incredibly naive statements? The economy is intertwined with virtually all parts dependent on or at least benefiting from the others. Software contributes to increased efficiencies all across the economy; from food production to fuel consumption to medical diagnosis the world would be demonstrably worse of without it (and the people…

[deleted]

Re: Short-Run Effects of GDPR on Technology Venture Investment

#34

Post by [deleted] »

Mary-Jane wrote: post #23
Carpetsmoker wrote: post #13

Earlier quoted context omitted.

Facebook isn't contributing one iota to any of these things, and neither are most tech/internet companies. Whether or not we can eat is determined by farmers, truck drivers, distribution centre workers, store clerks, etc. Whether or not we have somewhere to live is determined by construction workers, electricians, plumbers, engineers, etc. Access to health care is determined by doctors, nurses, pharmacists, etc. All…

Is this perspective so pervasive on this forum that no one's going to challenge these incredibly naive statements? The economy is intertwined with virtually all parts dependent on or at least benefiting from the others. Software contributes to increased efficiencies all across the economy; from food production to fuel consumption to medical diagnosis the world would be demonstrably worse of without it (and the people…

[deleted]

Re: Short-Run Effects of GDPR on Technology Venture Investment

#35

Post by icebraining »

virmundi wrote: post #28
ginko wrote: post #19

Earlier quoted context omitted.

>While that is valid under GDPR, I bet the EU will come a knockin for a fine if the site gets big enough Why would you think so?

I don't trust the EU. They seem to go after companies with deep pockets when they need money. Look at the Google Android controversy lately. Nokia, any EU phone creator (are there any?), any EU phone creator that wants to get in the market can all create a phone that is not Android. Google traded the OS for install preference rather than money. It's called bartering. The EU let this go for years. Now Alphabet has mon…

If an EU citizen steps foot in the sovereign territory of another country, the EU says that all their privacy laws apply.

That's not true. The GDPR doesn't apply to citizens of the EU, but to people in the EU or services performed there.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#36

Post by toomuchtodo »

Mary-Jane wrote: post #23
Carpetsmoker wrote: post #13

Earlier quoted context omitted.

Facebook isn't contributing one iota to any of these things, and neither are most tech/internet companies. Whether or not we can eat is determined by farmers, truck drivers, distribution centre workers, store clerks, etc. Whether or not we have somewhere to live is determined by construction workers, electricians, plumbers, engineers, etc. Access to health care is determined by doctors, nurses, pharmacists, etc. All…

Is this perspective so pervasive on this forum that no one's going to challenge these incredibly naive statements? The economy is intertwined with virtually all parts dependent on or at least benefiting from the others. Software contributes to increased efficiencies all across the economy; from food production to fuel consumption to medical diagnosis the world would be demonstrably worse of without it (and the people…

I would argue your fallacy is lumping people who work on software that matters (food, healthcare, government) with people who work at Facebook (which is arguably a cancer on society).

Good software engineers are needed to work on problems that matter. Quite the delta from where we are today.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#37

Post by dasil003 »

virmundi wrote: post #28
ginko wrote: post #19

Earlier quoted context omitted.

>While that is valid under GDPR, I bet the EU will come a knockin for a fine if the site gets big enough Why would you think so?

I don't trust the EU. They seem to go after companies with deep pockets when they need money. Look at the Google Android controversy lately. Nokia, any EU phone creator (are there any?), any EU phone creator that wants to get in the market can all create a phone that is not Android. Google traded the OS for install preference rather than money. It's called bartering. The EU let this go for years. Now Alphabet has mon…

I find it shocking how quick some people are to denounce government intervention these days. Are you seriously not concerned about Google’s market clout and the amount of data they have? Thank god the EU is there to temper their entitlement a bit.

Meanwhile you’re sitting here daydreaming about how your startup is going to be so big EU regulators are going to come after you. Well that would be an excellent problem to have, in actuality you are far more likely to be killed by Google sucking the oxygen out of your market.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#38

Post by syn0byte »

Thiez wrote: post #4

I notice Brexit is mentioned only once in the paper, in a footnote mentioning that Great Britain is considered part of the EU for the purpose of their research. Another article currently on the HN frontpage discusses the effects of Brexit on companies [1], blaming Brexit for reduced investment and companies leaving the UK. While I am absolutely open to the possibility that the GDPR has negative effects on technology…

"Negative effects on technology" according to who, by what metric, and what technologies would be stunted exactly?

GDPR isn't going to slow down research projects into new approaches to OS design, or physical hardware development. No one is stopping their generalized AI thesis work over customer data laws.

The entire media coverage of GPDR and to an extent Brexit, seems like big business throwing a tantrum akin to a spoiled child. Flinging themselves on their bed crying that their entire life is over because they can't stay out past midnight.

All these reports are investment graphs and earnings reports. Slight to moderate downturns at a time of record highs in the market. Thinly veiled blackmail and ultimatums by those that have against those that have-not. "Let us do whatever we want or it would be a shame is something happened to your 401k.(or your research grant for that matter)"

Re: Short-Run Effects of GDPR on Technology Venture Investment

#39

Post by mikro2nd »

robertsd247 wrote: post #25

I could be oversimplifying this but would the way to defeat GDPR is to make sure an individual cannot be identified through routine web site data collection?

That would not be "defeating" GDPR, but cooperating with the spirit and intent of that law.

Re: Short-Run Effects of GDPR on Technology Venture Investment

#40

Post by lmkg »

robertsd247 wrote: post #25

I could be oversimplifying this but would the way to defeat GDPR is to make sure an individual cannot be identified through routine web site data collection?

Yes, one way to "defeat" GDPR is to comply with the spirit and letter of the law by not performing routine automated surveillance.
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