Key lawmakers float new rules for personal data protection; bill would make privacy a consumer right

Rapidcreek@lemmy.world to politics @lemmy.world – 269 points –
Key lawmakers float new rules for personal data protection; bill would make privacy a consumer right
apnews.com
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Perhaps I just did a bad job of explaining my position; I agree. I just think it's worth considering the unintended consequences of a rug pull. Maybe we need to wean the industry off slowly or something else entirely. etc. all I was getting at was that caution doesn't immediately mean someone is bought and paid for by industry lobbies. There is nuance here.

Imagine this exact comment, but for advertising cigarettes to children.

If a business depends on doing harm to people to create ever-increasing shareholder value, that business deserves to burn.

Thinking about any unintended consequences is always good. I also agree that a 'rug pull' in general terms is not a good thing, however; since we are talking about the privacy of the consumer and turning said privacy into a consumer right, I don't think there will be a lot of negative consequences. The companies are going to complain but they do that no matter what.

Personally I think, any company that solely relies on selling user data as revenue stream deserves to go down.