this post was submitted on 07 Jul 2023
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Let's call it data whoring.
That's funny! Imagine being called "you data whore" hahaha! In all seriousness, though, if such a law existed and depending on the payment requirements, there might not be many data whoring opportunities. Depending on the legislation, it could discourage entities from tracking, storing, mining, and selling people's data. It would require entities to keep track. With people using online services in the millions, that's some serious accounting and legal representation. It might even cost more money to prove compliance to governments than the payments to the "data whores" would. Then, of course, there would be the fines to pay for non-compliance, and the lawsuits. That's why this law I dream of will never happen. Depending on the law and its implementation it could cripple online industry and make companies like Meta totally non-existent.