[fweespeech]

> 2) In exchange for that freedom to operate, companies will need to share data with regulators — un-massaged, and in real time, just like their users do with them. AND, will need to accept that that data may result in forms of accountability. Just like user data informs accountability measures within their platforms:

The problem with this is it imagines a world where the regulators don't need to perform any kind of audit/inspection.

The reality is, companies cut corners which will cause bugs and "bugs" in the data transfer process. The only way for a regulator to discover these issues is....to do what they do now.

It also ignores the fact that companies like Amazon explicitly tell people who interact with the reporting portion of their MWS business that they cannot report information in real time. And I'm pretty sure that is due to costs. This regulatory model would likely increase compliance costs for businesses with delayed reporting mechanisms because they don't need to guarantee processing in real time. The same is true of numerous companies I deal with at #DayJob. There are numerous remote sites with low bandwidth connections including in other countries that regularly have replication delays for reporting purposes.

There are soooooo many holes that are going to require the "expensive" part of regulation (boots on the ground to inspect/examine) to continue to operate the "old" way anyway.