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by wilkskyes
2694 days ago
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Remember when putting a picture of yourself on the internet or even using your real name was controversial? The old generation warned not to do it, ever! But teens did it widely and profusely. Now the new controversy is data. Don't ever sell your data! Don't give up your data! But teens are doing it widely and profusely. At some point you just have to accept that new people will be born and will have new ideas and just won't give a fuck. As a business you can either sit on the sidelines and watch or capitalize on it. Facebook will lead the way to allow for smaller players to get away with doing this as well. |
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That's not how any of this works. It's hard to 'move fast and break things' when a company like Facebook has used all the loopholes and gotten caught.
Small players will never be able to replicate Facebook or their scummy tactics because at this point Facebook wants regulations. Regulations will ensure Facebook can and will continue to operate (can pay any fine) while the competition is hamstrung. If your competition is hamstrung it makes it easier to buy em up or wipe em out.
Just to come full circle Facebook purchased onvo so they could spy on users and figure out which apps they were using and how often. Facebook then used this data to buy up companies.
https://www.fool.com/investing/2018/12/05/facebooks-onavo-sp...