This is 100% the dystopian reality we are heading for. Maybe not in the near-term future but, there is no way that eventually corporate greed and shareholder gains won’t reach a point that this has to become the reality. They are simply leaving too much money on the table by not doing it.
I think our only saving grace is that the laws haven’t been defined enough yet to prevent this from happening. But I have to imagine to some degree it already is. Just look at the way driving telemetry is being sold to auto insurance providers in the States already. If the information is out there, someone will get their hands in it and use it to manipulate the price of something.
This is 100% the dystopian reality we are heading for. Maybe not in the near-term future but, there is no way that eventually corporate greed and shareholder gains won’t reach a point that this has to become the reality. They are simply leaving too much money on the table by not doing it.
I think our only saving grace is that the laws haven’t been defined enough yet to prevent this from happening. But I have to imagine to some degree it already is. Just look at the way driving telemetry is being sold to auto insurance providers in the States already. If the information is out there, someone will get their hands in it and use it to manipulate the price of something.