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Comments
Behavioral Targeting
Very interesting approach to target marketing. We all assume that this is going on right now but are never sure. With permission it would be useful for both buyer and seller. Without permission it could end a companies business quickly.
Paranoid?
To me, "paranoid" is when fears are unjustified. As someone who has rationally investigated and discussed the abuses that can and have happened, I think "paranoid" is a misnomer. Even though we're still in its infancy, over 41% of people (chart 3) already agree that they'd opt out of the promised "benefits". As the real abuses mount, the BM (behavioral marketing) story will unravel and crumble.
Telemarketers eventually were constrained via the national do not call list. I believe an anologous situation will unfold. Already we're hearing endless stories about criminal data theft, accidental data exposed, search engines being required by some governments to curtail data retention length, and on and on. Navy records lost, department stores hacked, crimnal networks pushing software to monitor personal data and so much more.
The value of personal data is one of the new currencies of the 21st century, so I predict regulated PII banks will emerge to house and safeguard our data and people will be able to chose to exchange permission to access it, to parties who provide a value back to the consumer. The age of nearly unfettered data collection, retention and analysis is upon us now, BM will help rush it headlong towards its death.
very very interesting
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