Social media users shouldn’t be paid for their data, and even if large shares of company profits were shared, they would be minimal, the Information Technology and Innovation Foundation said Tuesday. Some have suggested Facebook could pay its users about $15 per year for their data, the ITIF report said. Google and Facebook earned about $28 billion in combined profits in 2017 and have some 4.6 billion users globally, ITIF said: “If the payments to users were equal to half their profits, then each user would get just of $3 per year.”
Social media users shouldn’t be paid for their data, and even if large shares of company profits were shared, they would be minimal, the Information Technology and Innovation Foundation said Tuesday. Some have suggested Facebook could pay its users about $15 per year for their data, the ITIF report said. Google and Facebook earned about $28 billion in combined profits in 2017 and have some 4.6 billion users globally, ITIF said: “If the payments to users were equal to half their profits, then each user would get just of $3 per year.”
Congress should replace a patchwork of state and federal privacy laws with one “common set of protections,” the Information Technology & Innovation Foundation said Monday. That single federal data privacy law should pre-empt state laws and replace laws like the Health Insurance Portability and Accountability Act and Gramm-Leach-Bliley Act, said Vice President Daniel Castro and Senior Policy Analyst Alan McQuinn. They said the law should promote business and innovation, saying economies with strict privacy laws like the EU are falling behind: “Of the top 200 digital firms, only 8 are European.”
Congress should replace a patchwork of state and federal privacy laws with one “common set of protections,” the Information Technology & Innovation Foundation said Monday. That single federal data privacy law should pre-empt state laws and replace laws like the Health Insurance Portability and Accountability Act and Gramm-Leach-Bliley Act, said Vice President Daniel Castro and Senior Policy Analyst Alan McQuinn. They said the law should promote business and innovation, saying economies with strict privacy laws like the EU are falling behind: “Of the top 200 digital firms, only 8 are European.”
Congress should replace a patchwork of state and federal privacy laws with one “common set of protections,” the Information Technology & Innovation Foundation said Monday. That single federal data privacy law should pre-empt state laws and replace laws like the Health Insurance Portability and Accountability Act and Gramm-Leach-Bliley Act, said Vice President Daniel Castro and Senior Policy Analyst Alan McQuinn. They said the law should promote business and innovation, saying economies with strict privacy laws like the EU are falling behind: “Of the top 200 digital firms, only 8 are European.”
The Commerce Department shouldn’t support overly strict export controls on new technology like artificial intelligence that could harm tech innovation and bolster bad actors like China, industry groups commented. The Bureau of Industry and Security published an advance NPRM in November, seeking comment by Thursday on potentially tighter export controls in docket 2018-25221. The department is exploring technology for conventional weapons, intelligence collection and weapons of mass destruction, including AI and machine learning (ML), microprocessors, advanced computers, data analytics, quantum computing, robotics and advanced surveillance.
The Commerce Department shouldn’t support overly strict export controls on new technology like artificial intelligence that could harm tech innovation and bolster bad actors like China, industry groups commented. The Bureau of Industry and Security published an advance NPRM in November, seeking comment by Thursday on potentially tighter export controls in docket 2018-25221. The department is exploring technology for conventional weapons, intelligence collection and weapons of mass destruction, including AI and machine learning (ML), microprocessors, advanced computers, data analytics, quantum computing, robotics and advanced surveillance.
The Commerce Department shouldn’t support overly strict export controls on new technology like artificial intelligence that could harm tech innovation and bolster bad actors like China, industry groups commented. The Bureau of Industry and Security published an advance NPRM in November, seeking comment by Thursday on potentially tighter export controls in docket 2018-25221. The department is exploring technology for conventional weapons, intelligence collection and weapons of mass destruction, including AI and machine learning (ML), microprocessors, advanced computers, data analytics, quantum computing, robotics and advanced surveillance.
Nearly 60 percent of Americans support police using facial recognition technology to find suspects if the software is correct 100 percent of the time, the Information Technology and Innovation Foundation reported Monday. Top facial recognition technology is now at least 99.8 percent accurate, the National Institute of Standards and Technology reported in November (see 1811210044). About 47 percent support the technology’s use for identifying suspects if it’s correct 90 percent of the time. About 54 percent of respondents disagreed government should strictly limit the technology “even if it means airports can’t use it to speed up security lines,” the survey found. An ITIF affiliate polled 3,151 U.S. adults online Dec. 13-16.
Nearly 60 percent of Americans support police using facial recognition technology to find suspects if the software is correct 100 percent of the time, the Information Technology and Innovation Foundation reported Monday. Top facial recognition technology is now at least 99.8 percent accurate, the National Institute of Standards and Technology reported in November (see 1811210044). About 47 percent support the technology’s use for identifying suspects if it’s correct 90 percent of the time. About 54 percent of respondents disagreed government should strictly limit the technology “even if it means airports can’t use it to speed up security lines,” the survey found. An ITIF affiliate polled 3,151 U.S. adults online Dec. 13-16.