21–30 of 39 posts
Guess why would Apple/Uber/even Starbucks release their own credit cards?
Heck. I thought the SB one was a joke. It's not. https://www.starbucks.com/starbucks-rewards/rewards-cards TF is even going on here!? I face-palmed so hard everyone in MHT is staring.
The only antidote to this kind of profiteering is a cultural shift. And if starts with us, the developers who are building this tech. Unfortunately most of us are quite powerless to stop it otherwise. As time passes I'm only more convinced that this is an evil which will inevitably be abused by governments in the near future to target dissidents. And possibly other groups - you don't need much information from spendi…
I respectfully disagree. People will always choose free and lazy. It will take legislation and that is much much harder here than in the EU. I'm not sure what the required cultural shift that would push for these laws would take to get started and gain traction.
Most older people don't care if I can see the sites they visit, their purchase history, pics on their phone.. but when you start to explain the things you can do with the data their daughter / granddaughter is creating - they get quiet. The NTYtimes article about the teen who was pregnant and Target knew it before her dad and the baby daddy.. that was the start of some eye opening - but most have not read it.
You don’t need leaks, you just need to read the marketing materials of these firms. They sell your data. They are ten times worse than what Google does in the worst fever dreams of the most tiresome DDG/Brave user on HN.
From my observations, for data vendors "anonymization" generally just involves replacing a name or credit card number with some other identifier. That's the reality and that's all they are required to do by regulators. People on both sides of the market know and leverage this. There are legitimate use cases that people are after that can only be achieved by having the ability to correlate pseudonymous entities with s…
I'm fine with this.
>As long as there is no Personally Identifiable Information (which, no, metadata, location history, medical claims, transaction details, don't count).
Currently. Hopefully the stroke of a pen will eventually change this, and soon.
The only antidote to this kind of profiteering is a cultural shift. And if starts with us, the developers who are building this tech. Unfortunately most of us are quite powerless to stop it otherwise. As time passes I'm only more convinced that this is an evil which will inevitably be abused by governments in the near future to target dissidents. And possibly other groups - you don't need much information from spendi…
You don’t need leaks, you just need to read the marketing materials of these firms. They sell your data. They are ten times worse than what Google does in the worst fever dreams of the most tiresome DDG/Brave user on HN.
You don't think Google does a superset of this? You think they didn't start their own payment system just to get the same data for the same reasons?
The only antidote to this kind of profiteering is a cultural shift. And if starts with us, the developers who are building this tech. Unfortunately most of us are quite powerless to stop it otherwise. As time passes I'm only more convinced that this is an evil which will inevitably be abused by governments in the near future to target dissidents. And possibly other groups - you don't need much information from spendi…
The US learned in 2016 that information is a tool of war. Defending oneself against the encroachment of zero privacy operators is going to have to be fought with information as well. Laws have no teeth, which will continue to be the case indefinitely due to Citizen's United.
Uh, people have understood the usefulness of information and information control for probably hundreds of years - at the very least since the cold war.
What do you think the CIA, KGB, CCP have been doing all this time?
I swear people just stopped thinking critically when Trump was elected. Things were broken long before 2016.
Earlier quoted context omitted.
You don't think Google does a superset of this? You think they didn't start their own payment system just to get the same data for the same reasons?
Where is the phone number I can call to order a binder full of transaction data about you from Google?
The only antidote to this kind of profiteering is a cultural shift. And if starts with us, the developers who are building this tech. Unfortunately most of us are quite powerless to stop it otherwise. As time passes I'm only more convinced that this is an evil which will inevitably be abused by governments in the near future to target dissidents. And possibly other groups - you don't need much information from spendi…
I apologize in advance for the slaughter of some sacred cows.
We are not powerless, we are just being practical. But our short term interests are getting in the way of our long term interests at the moment.
Take for example patio11's failed startup which tried to help companies hire software engineers. Now, I don't really know all the reasons it failed, nor do I care. But I will definitely note that right around the same time, he was also explaining how every software developer was a sucker if they didn't go and work for one of the big tech companies. (I am sure it was more nuanced, but my point is directionally correct). The saying goes that "the road to hell is paved with good intentions", and I don't for a minute doubt patio11's intentions. But the weird side effect of his own advice was that developers were simply preferring to spend extra time trying to clear the big tech interviews rather than cracking some kind of CTF game. In other words, he was doing everything in his power to make sure potential clients of his company were going to find it much harder to hire said engineers. If patio11's goal is to actually increase the GDP of the internet, he can start by educating everyone about the major problems being caused by the tech monopolies.
Let me also address pg's intentions. Take a look at the "successful" YCombinator startups. Is there any company in there which isn't trying to grow at the expense of doing what is right by their customers? Now take the peripheral side effects of the existence of the YCombinator ecosystem. Overhyping of Silicon Valley. Talent cluster formation, to the absolute detriment of local tech companies in other regions. Capital is basically gushing into a very small geographic region, distorting anything and everything in sight (e.g. real estate prices).
Last but not least, I would say that Big Tech got much stronger because of the 2008 financial crisis (easy access to cheap capital to the survivors), plus the stock buyback policies of Trump (it is easier to buy back stock than to actually innovate). Whether or not you agree with the macro-economic policies, the general observation is very true. Big Tech profited enormously because of the financial crisis, and were "bailed out" as a side effect. Here I refer to "bailed out" as a simple metaphor for having the ability to buy out competition very easily (instead of having to actually compete). Have you noticed that none of the Big Tech companies are actually going after the already consolidated markets of other Big Tech companies anymore? That is, Microsoft isn't going after YouTube. Google isn't really going after Windows. Facebook isn't going after search. Amazon isn't trying to build a social network. The oligopoly not only suits them just fine, it also prevents unnecessary bleeding of capital which can instead be preserved for the next financial crisis, so they can repeat the same playbook.