When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Saturday, March 17, 2012

Google's privacy policy and Washington's interference

" . . . . Imagine the nerve of Google, wanting to expose their users to advertising for stuff they might actually care about. How dare Google try to offer enhanced and customized services for their users? Shame on Google for doing all of this as a way to bring in more revenue and deliver a better rate of return for its shareholders. And certainly Washington can’t be at all happy with Google for doing what it hasn’t been able to do - consolidate a complex set of rules, policies, terms and conditions from a cumbersome and inefficient set of documents into something that’s manageable, easy to follow and definitely more efficient. Perhaps lawmakers might want to tap Google for some advice when it comes time to revamp the tax code. . . . The (privacy) policies themselves didn’t really change - and Google has been beyond clear about that. Google isn’t suddenly collecting a new set of data or now starting to hand out a user’s personal information to spammers. Sharing of information across Google properties has already been happening - and frankly, it’s made my user experience that much better. . . ."

As Eric Schmidt said in Barcelona--regulators should (if they must regulate at all), regulate only "outcomes" not "technology," because technology will change tomorrow. The unintended consequence of regulation is loss of innovation. 

The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects