I WANT it to be difficult for AI companies to steal other people’s hard work just like I WANT Facebook to have to spend millions of dollars on lawyers to make sure whatever data they’re collecting and sharing about me doesn’t violate my rights.
I WANT it to be difficult for AI companies to steal other people’s hard work just like I WANT Facebook to have to spend millions of dollars on lawyers to make sure whatever data they’re collecting and sharing about me doesn’t violate my rights.
- Nothing has changed in Facebook and Google data collection practices, who with other bug corps account for > 90% of data collection
- Many mid tier competitors lost market share, focusing power to Google
- EU small software companies pay estimated extra 400 EUR/year to satisfy GDPR compliance with little tangible benefits to the EU citizens.
It's called unintended consequences. We all want Zuckerberg to collect less data, but how GDPR was implemented is that it mostly hurt small businesses disproportionately. E.g. you now need to hire a lawyer to analyse if you can collect an IP address and for what purposes, as discussed here.
[citation needed]
> The main burden falls on SMEs, which experienced an average decline in profits of 8.5 percent. In the IT sector, profits of small firms fell by 12.5 percent on average. Large firms, too, are affected, with profits declining by 7.9 percent on average. Curiously, large firms in the IT sector saw the smallest decline in profits, of “only” 4.6 percent. Specifically, the authors find “no significant impacts on large tech companies, like Facebook, Apple and Google, on either profits or sales,” putting to bed the myth that U.S. technology firms are the enemy of regulation because it hits their bottom lines.
https://datainnovation.org/2022/04/a-new-study-lays-bare-the...
Regulatory Capture, no?
> I'm old enough to remember when everyone claimed EU tech law was about to ban memes, which didn't happen...
AFAIK those parts of that law was changed somewhat
This is just laughably incorrect. Literally every Fortune 500 that I work with who has operations in Europe has an entire team that owns GDPR compliance. It is one of the most successful projects to curtail businesses treating private data like poker chips since HIPAA.
Anyways, GDPR doesn't protect your data, it just specifies how companies can use it. So all my name, address, phone number, etc. will still be stored by every webshop for 10 years or so just waiting to be breached (because some tax laws).
Facebook and Google got sued, paid fines, and changed their behavior. I can do an easy export of all of my FB and G data, thanks to the GDPR.
"EU small software companies pay estimated extra 400 EUR/year to satisfy GDPR compliance"
WTF? no! I work with several small companies and it's super easy to just NOT store anyone's birthday (why would you need that for e-commerce?) and to anonymize IPs (Google provides a plugin for GA). And, basically, that's it. Right now, I can't even find an example of how the GDPR has created any costs. It's more like people changed their behavior and procedures once GDPR was announced and that's "good enough" to comply.
At 40k EUR / year in salary, that's about 1.6 hours a month dealing with GDPR. That sounds about right; it's like 5 hours a quarter deploying anonymizers or updating code to export the data you have on people. I honestly expected it to be higher; I would have thought it was in the realm of 40 hours a quarter just doing mundane things. Auditing to make sure PII didn't sneak in somewhere, updating anonymizer code/deployments and reviewing the same.