There are times I think and I feel that there is a law for anything … really anything but nowadays and because of the exponential rate of changes and innovations, legislators cannot keep the same speed.
The most important innovations affecting the entire world is the social media which continue to reveal more and more applications thanks also to the unprecedented computing capabilities companies can access and have today.
Marketing through social media revealed extremely efficient tool compared with older methods and marketing techniques also open the door to a different category of services and customers which first interest is access to data.
DATA is not a sub-product of social media, it is the MAIN product which social media receives free and commercializes for some money.
Recently the big scandal about Cambridge Analytica having access to Facebook data and providing services to other parties interested with the purpose to design influencing strategies.
What I consider is really new here is that the information taking away by creating over 120 fake Facebook pages was not really stolen, and the information was not hackers as usually, but a regular company who open the fakes account to manipulate the user in Trump election to influence users. No information was stolen has credit card numbers or passwords but personal data.
What is also new and different is to understand who were the customers of Cambridge Analytica: US actual president for 2016 campaign, Russians?
All this situation is triggering a lot of questions:
– What kind of information was collected?
– Did Facebook give or sell the information or has been hack?
– Who did benefit from the information and how?
– Which reports have been generated based on the data?
Given all the above it is being proposed a Social media regulation does it make sense what do you think? What will Facebook propose to all the users
Can we make a difference in terms of regulation between the internet and more specifically the social media? This is being debated in the US, but of course is of world-wide interest.
Should we support a regulation with the risk of killing an industry?
Should we constrain software industries to provide alternatives to the sharing of our data or only a part as excluded the medical data
What about governments accessing our personal data?
Do you LIKE?
Social Media regulation proposal
or do you DISLIKE?
Is your name on Russia list! with Facebook
Russia operating #Fakes #Facebook account @https://bit.ly/2IMY20M @facebook