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84% want stronger online privacy laws, but Congress's corruption stalls progress

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41–50 of 116 posts

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#41
post #28

Earlier quoted context omitted.

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

One could say that Norway's flagship corporation has a horrible business model. The Norwegians have never held a referendum whether they should stop drilling , but they are so environmentally conscious that it's not unlikely. Should Norway stop drilling and let its sovereign fund collapse (along with the value of many global companies where it invests)? Is there any State that is purely moral?

I see what you are trying to say, but I'm not quite sure why Norway's sovereign fund would collapse just because the Norwegians would stop adding more money to the fund? And why would the companies they invest in collapse?

The companies in the S&P500 don't collapse, when I stop making regular new payments into my retirement fund.

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#42
On the one hand, it is a clear indication that citizen's wishes are ignored. On the other, US is supposed to be a republic and politicians are supposed to be smarter than to give in to the mob, who will always vote itself whatever it currently wants.

The problem is that while 84% ( I am taking that number at face value for the time being ) say they want stronger privacy laws in aggregate, as individuals they differ on what that actually means. While this is happening, corporations and interests that are opposed to that know exactly what they want and coordinate appropriately.

Privacy needs lobbyists too , I suppose?

I am not sure at what point it breaks. Ellison famously quipped that privacy is long dead anyway.

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#43
post #28

Earlier quoted context omitted.

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

One could say that Norway's flagship corporation has a horrible business model. The Norwegians have never held a referendum whether they should stop drilling , but they are so environmentally conscious that it's not unlikely. Should Norway stop drilling and let its sovereign fund collapse (along with the value of many global companies where it invests)? Is there any State that is purely moral?

Excellent example. In general, people's "revealed preferences" often contradict their stated preferences.

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#45
post #21
post #7

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.

Is this a trickle-down style of argument? Or that corporations are holy? Or that they always have the job takers interests at heart? Or that the elected representatives are elected by the 16% who don't want stronger privacy laws? I'm confused.

[deleted]

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#47
post #7

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.

> The real truth is that strong privacy laws would cause economic harm to flagship corporations.

The real truth is that flagship corporations think this will happen. They seem to believe that tracking users is the only way to deliver ads efficiently. It's not, and there are other ways to do that, such as displaying tags in environments devoted to a given topic. But this would imply a change, and why change if you can bribe congresspeople?

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#48
post #7

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.

> The real truth is that strong privacy laws would cause economic harm to flagship corporations.

Won’t somebody please think of the ~~children~~ corporations!

> That would have a ripple effect on the economy as those corporations are responsible for thousands of high-paying jobs.

Bullshit. This is the argument for “trickle-down economics” and if there’s anything the past decades have proven is that when the people at the top get more money, they keep more of it for themselves.

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#49
post #13

This 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 maximize the profits of whoever hires them, not to care about general population. Nobody will care about general population except for themselves.

Re: 84% want stronger online privacy laws, but Congress's corruption stalls progress

#50
post #7

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.

Not just flagship corporations either. Our modern economies rely heavily on luxury consumerism which is heavily driven by advertising and marketing.
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