What are you, an economist?
article by Jim Antle, AP WriterThe American Conservative posted a story Tuesday that explains how a new, $2 trillion bill will impact the economics of the internet.
The bill passed by the Senate would make it easier for companies to collect data from users and share it with third parties, including social networks and advertisers.
It would also extend data collection and sharing protections to the government and private companies, and would require companies to make public how much of their users’ data they collect and share with third-party companies.
The article also says that while the bill has been described as a major policy victory, it could leave a huge void in the digital economy.
The Associated Press reported that the bill would allow Internet providers to collect information about all users, whether they are using their computers or smartphones.
That information would be used to target ads to people who have engaged in “suspicious activity,” including buying items on the Internet or using apps such as Uber.
If the bill passes, Internet service providers would be able to track and sell users’ browsing history, whether to advertisers or the government.
And advertisers could use that data to target advertisements to specific users.
But the AP article says that data collection is not a new idea in the tech world.
It has been a hot topic for tech companies in recent years, with Facebook and Google having been accused of violating privacy laws and the Obama administration having warned that the companies were abusing users’ personal data.
The bill would also require companies that collect the data to give users the option to opt out.AP writer Jim Antles contributed to this report.