Time Has Come to License and Tax the Data Sellers of the Web, Companies, Banks, Social Networks..Any One Making a Profit-Latest
Posted Feb 07 2013 7:51pm
I originally called my blog posts the “Alternative Millionaire’s Tax” but it seems that it’s more than that now. Consumers are tired of being screwed seeing these legal policy statements on websites and then if you want something you sign it all away, what’s up with this being any kind of privacy? Have you read the news about the FDA and NIH being cut on funds? This is a good reason to license and tax data sellers to keep our science going and with such good cause, banks and companies should not complain with the billions and billions of dollars they make mining and selling data. Read all the links in here, they are from the Quack.
Why do you think there’s no incentive for companies to expand and factories? Easier to mine and sell data and digital illiterates who make laws have no clue with this type of intangible as they are pretty much non participants and thus their ignorance, meanwhile the middle class is crunched and beat up. All this leads to the next step, analytics for profit and data being queried and put together that doesn’t’ belong like the big FICO rip that says they can use your credit report to see if you will take your prescriptions. I mention that one and there are others because what in the heck are you believing these days? Chances are it’s anything you are sold.
Microsoft has ethics and I don’t think they would mind one bit if the tax went to fund science as they give a lot already. This would give everyone else making data a little more ethically responsible too. No jobs, why would a company expand and hire people, hire a few geeks and write some algorithms and make millions or billions. Walgreens made just under $800 million selling data only in 2010..tell you how big that multi billion dollar pool is? You go buy a device to help you stay healthy and all that data gets sold somewhere? I wouldn’t buy any tracking device that goes through a 3rd party. Looks what this guy did as Fitbit didn’t give him “all” the information.
And for those dumb enough to wear a fitbit during personal times…well look here…
People are matching anything sometimes if they can convince you that it is real so they can make a buck and it’s gets mixed in with the good stuff out there as we do have both. Look at this guy who doesn’t classify himself as a credit agency, so he operates outside any regulation of the government and sends information right and left about us, we don’t know what it is either, you can’t get it.
Actually if more economists would collaborate with more mathematicians I think we might have a little better forecasting going on as many economists sometimes get those “flawed” reports and rely on antiquated methodologies of math too, so bump head guys and see what collaboration might do.
So keep it up Microsoft and Google with the battle as this helps get some information out there and perhaps it will drive some lawmakers out of some caves soon so they will perhaps entertain making laws with IT infrastructure in this area instead of laws with no balls.
By the way I was hit with a rogue algorithm from Google plus as all of a sudden one day “their machines told me” that my “real name” did not comply with Google Name Policies. I had been there since beta days too:) It was a Killer Algorithm attack for me #2 as #1 was my car insurance company putting the new owner of my sold home on my policy as a second driver, months I had moved and sold the house and had all my information updated. If you look in the Killer Algorithms, that story is there too. So what did Google’s machine do when scanning data…read it below…machines talking to machines…
Those algorithms have teeth and are biting us in the behind every where we turn and they move money good and bad, the ones who get the money are the ones designing the code and algos. Hopefully this battle will bring it forefront so we can kill a few birds here and use the license and tax money to fund the NIH and FDA, a good place for it, so they don’t have to worry about budget cuts as those two agencies are on the top that serve consumers. There are many companies people buy stock in today too that were started with grants and funding from the NIH and we should not forget that. BD