Earlier quoted context omitted.
Sounds like this head of IT isn't very good at his job if he can't explain the difference between EC2 access, databases, and web requests over TLS There are ways that you can use AWS that Amazon would have no way to access any of your data even if they wanted to.
They have 100% hypervisor access. To give them zero knowledge, you need full homomorphic encryption which is impractical at this point (and likely for a while). You may trust them not to abuse hypervisor access, but they still have network “meta” data - it could tell them how many transactions clear against credit processors (though not the actual amounts if encrypted), a good idea general distribution of page views…
Amazon scooped up data from its own sellers to launch competing products
401–410 of 727 posts
Re: Amazon scooped up data from its own sellers to launch competing products
#402Re: Amazon scooped up data from its own sellers to launch competing products
#403Earlier quoted context omitted.
This is a similar level of trust that you give to banks not to seize your money, or to your bodyguard not to do you physical harm. Stealing data from a customer paying for hosting would be _very_ different, and much more scandalous, than identifying trends on a competitive marketplace and taking advantage of them by launching competing products.
Banks mightn't seize your money. They certainly take the data from your bank accounts and monetize/resell it. This is a dirty secret, and pervasive. How else do you think "closed-loop" measurement of marketing effectiveness, and retargeting based on purchase behavior are done? How else do you think suppliers can pull a D&B report on your company showing your bank account balances?
A valuable if painful lesson to learn. I still do all my personal banking with a credit union and consider my relationship with banks to be adversarial. They only own my debt, never my cash.
Re: Amazon scooped up data from its own sellers to launch competing products
#404About 10 years ago I met the head of IT for B&H cameras in NYC. Among many things, he was in charge of the hosting for their online store. After he complained about dealing with physical servers, I asked him if he had ever considered using AWS ec2 for the website, and he replied that his boss refused because he believed that Amazon would pull data on B&H products and use it to compete more effectively. I'm not sure t…
Re: Amazon scooped up data from its own sellers to launch competing products
#405So many comments about, "doesn't everyone know they do this?", and "everyone does this!" I say there should be an explicit difference between "running a platform", and "selling on a platform", and never should the two meet. By "platform" here, and in the context of selling stuff online or IRL, I mainly mean that the store should never compete with their suppliers ... it's madness and unethical. If everyone can get a…
But why? Nobody is forcing you to use AWS, there in fact heaps of similar services around which at first glance don't share have said problem.
Re: Amazon scooped up data from its own sellers to launch competing products
#406So many comments about, "doesn't everyone know they do this?", and "everyone does this!" I say there should be an explicit difference between "running a platform", and "selling on a platform", and never should the two meet. By "platform" here, and in the context of selling stuff online or IRL, I mainly mean that the store should never compete with their suppliers ... it's madness and unethical. If everyone can get a…
Re: Amazon scooped up data from its own sellers to launch competing products
#407Earlier quoted context omitted.
Insurance companies are already offering discounts for using their apps while in car.
Insurance companies are already offering discounts for using their apps while in car. I was debating on whether I should include mention of these apps. Here's the thing about that: The data available to these apps is nothing compared to the data available to Tesla. Tesla can figure out how often you get close to bumping into something, exactly how far, how fast you were going, and what the lighting/weather conditions…
I think the insurance companies are doing what they can to compete but wont be able to match the platform builders offering.
Perhaps they look at licensing data from other platforms like Ford, Yota, etc.
Re: Amazon scooped up data from its own sellers to launch competing products
#408Earlier quoted context omitted.
> The is absolutely no veil between the hypervisor and the guest virtual machines. Not in the EBS either. This is 100% true. To do any useful computation on your data (read, what you're using all AWS for) they have to have 100% visibility into your data. > If they say they won't read your data, better trust them. If you don't, stay away from their datacenters. That's it, right there. All of this is based on Trust in…
This is a similar level of trust that you give to banks not to seize your money, or to your bodyguard not to do you physical harm. Stealing data from a customer paying for hosting would be _very_ different, and much more scandalous, than identifying trends on a competitive marketplace and taking advantage of them by launching competing products.
It's the difference between breaking into a Walmart with a ski mask and assault rifle and stealing a bunch of blu rays vs recording the HDMI out from whatever device you stream Netflix from. They're not the same thing at all, either in terms of harm done, applicable criminal law, or ability to build a compelling civil lawsuit.
Re: Amazon scooped up data from its own sellers to launch competing products
#409Earlier quoted context omitted.
Or your commercial landlord to not send the cleaning staff to rummage around in your filing cabinets. Which, while it could happen, is something that people don't really seem to get concerned about.
I have been chastised for not locking my desk for this exact concern. It does happen
Re: Amazon scooped up data from its own sellers to launch competing products
#410So many comments about, "doesn't everyone know they do this?", and "everyone does this!" I say there should be an explicit difference between "running a platform", and "selling on a platform", and never should the two meet. By "platform" here, and in the context of selling stuff online or IRL, I mainly mean that the store should never compete with their suppliers ... it's madness and unethical. If everyone can get a…
I agree a diverse marketplace is a healthy one, and that requires intervention since clearly the initial rules are not enough. Some like to pretend that free markets are only negatively impacted by regulation, and only positively impacted by its participants.