Want to Heal the Internet? Ban All Collection of User Data

Want to Heal the Internet? Ban All Collection of User Data by Charles Hugh Smith – Of Two Minds

The social media/search giants have mastered the dark arts of obfuscating how they’re reaping billions of dollars in profits from monetizing user data, and lobbying technologically naive politicos to leave their vast skimming operations untouched.

I’ve been commenting on the cancerous disease that’s taken control of the Internet– what Shoshana Zuboff calls Surveillance Capitalism–for many years. Here is a selection of my commentaries:

800 Million Channels of Me (February 21, 2011)

The New Facebook Buttons: Promote, Despise, Abandon (November 1, 2012)

How Much of our Discord Is the Result of the “Engagement” Advert Revenue Model of Social Media? (October 24, 2017)

Are Facebook and Google the New Colonial Powers? (September 18, 2017)

Hey Advertisers: The Data-Mining Emperor Has No Clothes (September 15, 2017)

The Demise of Dissent: Why the Web Is Becoming Homogenized (November 17, 2017)

Should Facebook, Google and Twitter Be Public Utilities? (March 5, 2018)

Should Facebook and Google Pay Users When They Sell Data Collected from Users?(March 22, 2018)

The Blowback Against Facebook, Google and Amazon Is Just Beginning (April 27, 2018)

How Far Down the Big Data/’Psychographic Microtargeting’ Rabbit Hole Do You Want to Go? (April 25, 2018)

If you’ve followed any of my analyses, it will come as no surprise that I’ve concluded the only way to restore the health of the Internet is to ban all collection of user data. That’s right, a 100% total ban on collecting any user data whatsoever.

We need to distinguish between customer/supplier data and user data. If a social media or other corporation wants to collect data from people who pay it money for services rendered, or from suppliers that it pays for services, then that process of data collection should be 100% transparent.

A customer pays for a service in cash; a user pays nothing. A company might want to collect data from its paying customers in order to upsell them or serve them better, and corporations who produce goods and services might want to collect data from the suppliers they pay.

Banning the collection of any data from users would of course destroy much of the revenues of companies such as Facebook, Google , Twitter, Instagram et al. It would also destroy the perverse incentives these corporations have institutionalized and excused as “garsh, you can’t stop the advance of technology,” as if their pursuit of Surveillance Capitalism were somehow an inevitable outcome of the Internet rather than a malign disease that’s undermining democracy and the free flow of diverse opinions and dissent that is the foundation of functional democracy.

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Rory Hall, The Daily Coin. Beginning in 1987 Rory has written over 1,000 articles and produced more than 300 videos on topics ranging from the precious metals market, economic and monetary policies, preparedness as well as geopolitical events. His articles have been published by Zerohedge, SHTFPlan, Sprott Money, GoldSilver, Silver Doctors, SGTReport, and a great many more. Rory was a producer and daily contributor at SGTReport between 2012 and 2014. He has interviewed experts such as Dr. Paul Craig Roberts, Dr. Marc Faber, Eric Sprott, Gerald Celente and Peter Schiff, to name but a few. Don't forget to visit The Daily Coin and Shadow of Truth YouTube channels to enjoy original videos and some of the best economic, precious metals, geopolitical and preparedness news from around the world.