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by TeMPOraL
3872 days ago
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> The question is - what's the price? I am familiar with the tech world and I keep asking myself this question too. From what I see now, all the data that Facebook collects can hurt me in two ways: more insidious ads, and when used by a superhuman-level AI to infer pretty much anything about me. The AI doesn't seem on the horizon, and the ads don't seem to be that harmful, they're only annoying. There's of course an angle of a dystopian totalitarian government, but in that case we're all screwed anyway; data collected by Facebook or Google will make little difference. Then there's an insurance angle, but here I have mixed feelings - it seems to me that it's better for an insurer to know more (I for one would like car insurance companies to have real-time centimeter precision location data about every driver, that could restore some sanity on the roads), but not too much. I don't know where I stand on this yet. Anyway; the way I see it, this whole data-selling business model works mostly because advertisers are stupid enough (or rather, in so tight a competition) to pay for data that won't give them much edge anyway. In a way, it's not users that are the victims here, it's the advertisers. |
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So when working out the price of a service like Facebook, it's important to include the cost of privacy (even if this is effectively impossible to put a numerical value on).