The real truth is that strong privacy laws would cause economic harm to flagship corporations. That would have a ripple effect on the economy as those corporations are responsible for thousands of high-paying jobs. The elected representatives know that people care more about the economy (specifically what's in their wallets) than about privacy.
84% want stronger online privacy laws, but Congress's corruption stalls progress
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Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#22This is just another clueless populist article. The key to actually ask people "What are you willing to give up for X"? Are you ok being more annoyed with popups asking your permissions every time? Are you ok with a recession in Ad-based ecosystem (merchants, ad brokers, stock market depression, fewer IPOs) that may result due to this? Would you be OK with paying for services instead of an Ad model? (and before Virtu…
> Are you ok being more annoyed with popups asking your permissions every time? No, I’m really not. The EU regulation that caused every site to have a stupid cookie pop-up/banner has made the Web a significantly poorer experience.
If this is the way that the flagship sites for the EU are going to do it and show how to be in compliance with the law, any other approach is too risky to implement.
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#23Earlier quoted context omitted.
This is an interesting argument I've heard from various quarters but have never seen any evidentiary material supporting it. Do you have any reliable sources that explore this correlation?
Yeah, just ask your favorite merchant how much it hurt their business and how many business shut down or lay off people due to Apple Tracking ban
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#24The real truth is that strong privacy laws would cause economic harm to flagship corporations. That would have a ripple effect on the economy as those corporations are responsible for thousands of high-paying jobs. The elected representatives know that people care more about the economy (specifically what's in their wallets) than about privacy.
I'm sure, those companies have enough smart people to figure out some way to create high-paying jobs that do not rely on invasion of privacy.
[Added] ...if only they were incentivized to do so
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#25In a party based assembly(UK, Canada) the party leader tells each party member how to vote = the party line. Members can not vote against the party = out. In the US assembly(Congress and Senate) each members votes as he/she wishes. In all houses the votes(hands) are visible. This turns a vote into a currency. A lobbyist can see he gets what he has paid for and the 'bag' is passed. Every US voter has what both the Sen…
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#26This is just another clueless populist article. The key to actually ask people "What are you willing to give up for X"? Are you ok being more annoyed with popups asking your permissions every time? Are you ok with a recession in Ad-based ecosystem (merchants, ad brokers, stock market depression, fewer IPOs) that may result due to this? Would you be OK with paying for services instead of an Ad model? (and before Virtu…
What? We have different views on lobbyism. I think it should be forbidden for companies to lobby
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#27Earlier quoted context omitted.
This is clueless understanding of economics (and very prevalent in HN) Economics 101 : There is no fixed pie of $$$$. $$ (as in wealth, productivity) can absolutely disappear from the economy or grow from nothing.
The economy grows or shrinks with productivity but advertising specifically is zero sum. Coke vs Pepsi makes a great deal of difference to those specific companies and little else. If anything it’s slightly negative due to inefficiency because the winner isn’t the best product.
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#28The real truth is that strong privacy laws would cause economic harm to flagship corporations. That would have a ripple effect on the economy as those corporations are responsible for thousands of high-paying jobs. The elected representatives know that people care more about the economy (specifically what's in their wallets) than about privacy.
That sounds like flagship corporations have a horrible business model if employees are highly-payed to invade privacy. I'm sure, those companies have enough smart people to figure out some way to create high-paying jobs that do not rely on invasion of privacy. [Added] ...if only they were incentivized to do so
Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#29Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress
#30This is just another clueless populist article. The key to actually ask people "What are you willing to give up for X"? Are you ok being more annoyed with popups asking your permissions every time? Are you ok with a recession in Ad-based ecosystem (merchants, ad brokers, stock market depression, fewer IPOs) that may result due to this? Would you be OK with paying for services instead of an Ad model? (and before Virtu…
> Lobbyists are there to remind you of the costs and prevent from populism destroying civilizations What? We have different views on lobbyism. I think it should be forbidden for companies to lobby