EU to Facebook, 'Drop Dead'
pluralistic.net
pluralistic.net
At some point people have to take responsibility for their own actions and realize government regulators aren’t their sugar daddies in charge of making sure they don’t do anything self destructive. If that’s what sugar daddies do, no clue?
Meaning in future this issue might actuslly compound. And i dont think any of this is malicious intentionally. I think its just self serving assholes exploiting whatever gets them what they want.
Similar rules around predatory lending, predatory insurance, mandatory all-in air flight pricing have all done wonders for consumers’ sanity and improved market offerings enormously.
chief example: infinite scroll.
why does content need to scroll infinitely other than to keep eyeballs on the site and make it easy to lose track of time?
“The company keeps delivering bad news to investors, who are not mollified by Mark Zuckerberg's promise to rescue the company by convincing all of humanity to spend the rest of their lives as highly surveilled, legless, sexless, low-polygon cartoon characters.”
It was never going to last, but it lasted far longer than I thought it would. Just look at TikTok as an example. A literal spy app by communist China that experts have been warning about for years, and it’s still functioning with little resistance. Amazing.
Why do I, as a customer, need to worry if the company providing me a service is making enough money?
The average person doesn't care about this ofc, or how they're being emotionally manipulated to reach some engagement metric.
So one ad will cost you a lot more displays for getting a click/worth view.
But this is maybe not a bad thing in itself. When you see the benefits that google, Facebook and co can extract from ads, you can see that the 'pay per views'/'pay per click' rate is probably way too expensive compared to the marginal costs of running the business.
So, contrary to people saying that this will kill all the business financing with ads, I think that it could be a good reset to still be effective but just with less margin for big ad techs.
That sounds about as fun as the Metaverse :P
You can see it here: https://www.enforcementtracker.com/
If the EU was host to surveillance advertising I’m sure the narrative would be that companies should provide services cheaply instead for the social good. While you can have whatever opinions you want on invasive tracking tech, the reality is that the EU never had their share of profits from it and have always been more critical of US based companies. Yes they’re protectionist.
Edit: it can be good for consumers and good for national protectionism. I’m not questioning if it’s good for consumers but it is definitely good for nationalism.
The issue here is whether Apple's pivot to services and advertising revenue will corrupt their privacy protections. Similarly, we can wonder if EU privacy protections will vanish if a future adtech unicorn gets born in France or Germany.
Considering the way they treat FB data collection vs their own data collection… I’d guess yes. Apple has a not-so-subtle growth in ads that we’ve been hearing rumors about, and I wouldn’t be surprised to see a suit from Eg. Facebook. Apple ads will focus on app content - which the biggest competition used to facebook.
> Similarly, we can wonder if EU privacy protections will vanish if a future adtech unicorn gets born in France or Germany
I think the bigger likelihood is that this cements the reality that no new ad-tech giants will emerge. If you ban geese, you’ll never get a golden one.
All dealing with personal data, not just tech. Hotels, hospitals, retailers, banks, government organizations, insurance brokers, education institutions, and so on.
Left unsaid in this.... facebook will spend whatever amount of money it takes to win on appeal.