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Norway to fine Meta $98,500 a day over user privacy breach from 14 August
(www.theguardian.com)
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this post was submitted on 08 Aug 2023
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Well at least Norway is standing up for their people. That is more than most governments are doing lately.
They're trying, I'll give em that, but we're seeing more and more that tech regulators can't keep up with changing tech. We're just starting to tackle data privacy and now we've got the whole new problem space of generative AI. There needs to be actual investment in fast, informed regulation.
And honestly, "turn off targeted advertising" isn't a reasonable demand for most countries, because, as much as everyone hates on it here, small business rely on targeted advertising and "go compete with Walmart for the same ad space" would suck for most economies.
I wholeheartedly agree with your first point. The second however does baffle me slightly. I'm not from Norway but I would not bet their small businesses are that reliant on targeted ad. But I could very much be wrong.
Actually I'm not sur I understand why targeted ads, in the way Facebook is implementing them anyway, is that beneficial to small businesses. Bigger outfits have the means to litterally crush the small ones in this arena too.
Ok, odd statement, but that's fine, most policy regulators do give a flying fuck about the economy though