Every large company in every industry wants to do this.
> They've also been trying to extract as much personal info as possible for profit.
Why would you expect a company not to pursue profits?
People keep talking about the obligation to shareholders for a company to maximize profits, but there's a wide list of possibilities between not doing that and seeking to actively, wholesale ruin privacy.
I expect the people in companies to take responsibility for their actions instead of pretending that they're beholden to the company's wants.
And the point of regulation is to stop it and bring balance. Or are you happy with mono-/oligopolies?
In practice, regulation almost never actually does that.
Every major industry is a monopoly or duopoly if you're even a bit generous with the term.
I'm just pointing out there is nothing unique here with tech or data.
And the politics are mostly theater that often makes things more monopolistic, not less.
Is that correct? I have a hard time thinking that is true.
Adding a link to the Boston Fed report on it from a couple years ago: https://www.bostonfed.org/publications/current-policy-perspe...
> Why would you expect a company not to pursue profits?
And that's how you justify children in cobalt mines I suppose ?