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this post was submitted on 17 Sep 2024
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They're right, we should regulate or ban then too.
Technically, the second partof that bill bans sending user data to China for all companies, so it's foreseeabke that they get fined into the dirt if nothing else.
I hope the Facebook multi-billion dollar fines act as precedent.
Or they just route the sale of traffic through a domestic data broker and buy "analysis" on the Chinese side of the legal fence. There are so many badly policed and underregulated aspects of the data business that this shit never amounts to more than publicity stunts.
American trade with China only ever increases year-to-year, despite all the noise about a Trade War. Chinese based drop-shipping schemes only ever eat into our domestic market share, because American incomes are falling into line with the global average and that's the kind of trade good international middle class workers can afford. And all this shit is getting blended together - Indian and Chinese businesses outsource to Indochina and Malaysia and Indonesia where labor is cheaper. Everything gets routed and flagged through Singapore anyway, so the real origin of a good is obscured by the time it lands on your doorstep. And nobody in the business of making money wants to pay a politician to do anything about this in practice.
Nobody is getting fined, much less into-the-dirt.
That is literally what Facebook was fined for, BEFORE the new laws were put in place. Cambridge Analytica did what you just described.