Discussion

• @livingstone_s Sonia Livingstone on x

  “Ireland's data watchdog, which oversees Meta because the company's EU headquarters are based in Dublin, said bundling personalized ads with terms of service in this way was a violation of GDPR.” The Slow Death of Surveillance Capitalism Has Begun | WIRED https://www.wired.co.uk/…

• @luxechronicles @luxechronicles on x

  @BloombergUK ... This is hardly news. Privacy laws and any attempts to curb their ability to collect and exploit user data was listed as a major risk factor in their IPO filing back in 2012. It was largely ignored by analysts and investors alike.

• @cumlasagna1 @cumlasagna1 on x

  thanks 💪 https://twitter.com/...

• @e70120 @e70120 on x

  Observe how the otherwise coolly snarky and ironically detached tech worker recoils and lashes out when the cornerstone of the whole pyramid scheme (advertising) is removed. https://twitter.com/...

• @puns_n_roses January Stars on x

  I know most of my followers are U.K./EU based but those of you who aren't have no idea of the objectively unusable version of the web that we've just gotten used to. If I described it some of you probably wouldn't believe me

• @aservais1 Alain Servais on x

  The earlier manipulations that got them there clearly explained & the challenges-Meta Will Decide How Painful Its Irish Gut Punch Is. The company's core business model could be threatened if it lets users opt out of targeted ads. By @parmy https://www.bloomberg.com/... via @opini…

• @puns_n_roses January Stars on x

  Combine this with the nightmares of cookie settings, and “passing data protection” on a ten-year-old pension account and GDPR has a strong shout for the best-intentioned, worst-outcome policy of the century https://twitter.com/...

• @stas_stef @stas_stef on x

  @yacineMTB @growing_daniel what are you all talking about here? You think your local grocery or pizza place relies on Facebook tracking your every move? Or sellers of handmade jewlery on etsy? Or your local idk bike shop? None of them do, they all existed before tracking ads and …

• @wear_here Jeff Wear on x

  Not clear to me that platform stock prices are good proxy for the impact of these regs on small businesses and if there's other data in the replies I do not find it. These discussions instead seem driven by tech culture war, “pro-small business vs. anti-surveillance” sentiment 😕 …

• @sentientski @sentientski on x

  @cumlasagna1 so glad that we drastically reshaped basic human interaction to run adverts for niche products. job well done silicon valley another gold star.

• @wear_here Jeff Wear on x

  The regulations obviously make Meta's ads less valuable, not sure what the story is with Shopify. But that doesn't mean that ad spend hasn't shifted elsewhere, that “elsewhere” can't be as effective, let alone that SMB's profits are falling.

• @wear_here Jeff Wear on x

  If anyone pointed at the decline of newspapers as driven by classified ads' failure and said “SMBs are hopeless now!”, that didn't come to pass. People will surely find other ways of doing business. Facebook's model is a historical blip

• @epelboin Fabrice Epelboin on x

  https://twitter.com/... https://twitter.com/...

• @ashleyrgold Ashley Gold on x

  New from me earlier today: Tech giants face alternate universes across the Atlantic https://www.axios.com/...

• @calmloathing @calmloathing on x

  @cumlasagna1 Facebook ad platform “enables” extremely niche businesses... Always watch for “enables” that's a filler word. He must have meant to say “charges” or “profits from” since that's what Facebook actually does.

• @statewatcheu @statewatcheu on x

  Surveillance capitalism just got a kicking. In an ultimatum, the European Union has demanded that Meta reform its approach to personalized advertising The Slow Death of Surveillance Capitalism Has Begun affirms @MORGANMEAKER for @WIRED https://www.wired.co.uk/...

• @cumlasagna1 @cumlasagna1 on x

  maybe extremely niche business like selling dog shampoo dont deserve to exist, and dont add anything to anyone's lives, but are just inflationary economic kicking the ball down the road until our pyramid scheme debt economy eventually implodes like it was designed to do

• @carnage4life Dare Obasanjo on x

  Whatever damage people believe is happening to online advertising is happening much worse to businesses that depend on ads to reach customers. $META is -67% down from its all time high, $SHOP is -79%. A lot of economic activity we take for granted is driven by advertising. https:…

• @maxschrems Max Schrems on x

  “The Slow Death of Surveillance Capitalism Has Begun” - @WIRED A European Union ruling [on @noybeu #GDPR complaints] against #Meta marks the beginning of the end of targeted ads. https://www.wired.com/...

• @jason_kint Jason Kint on x

  Pretty good report. I only take issue with use of “personalized”, “targeted advertising,” and digital ads as if they're all one in the same. Personalized ads, targeted ads can continue. FB gets most of its data from 3rd parties. That's it's big problem. https://www.wired.com/...

• @jason_kint Jason Kint on x

  Thank you, @maxschrems. Facebook unsealed court discovery shows history of not being clear with investors around measurement, data leakage risks, audience metrics. seems to be a view to disclose only if it starts to impact advertisers. Delay, delay...https://www.wired.com/ ... ht…