> IMO data should be radioactive for companies, especially if it approaches PII.
That's an idealistic, but highly unrealistic, thought.
As long as a market exists that can profit from exploiting PII, and is so large that it can support other industries, data will never be radioactive. The only way to make it so is with regulation, either to force companies to adopt fair business models, or by _heavily_ regulating the source of the problem—the advertising industry. Since the advertising industry has its tentacles deeply embedded everywhere, regulating it is much more difficult than regulating companies that depend on it.
So this is a good step by the EU, and even though it's still too conservative IMO, I'm glad that there are governments that still want to protect their citizens from the insane overreach by Big Tech.
> As long as a market exists that can profit from exploiting PII, and is so large that it can support other industries, data will never be radioactive.
The EU bureaucracy machine can be slow moving, but has the potential to fix this. The stricter the rules, the simpler the implementation. You could cut a LOT of the administrative burden by specifying what data is allowed to be stored at all, instead of what isn't.
Big tech needs to be put in their place, and as others have commented; if this kills your business model, your business model doesn't deserve to exist.
That's an idealistic, but highly unrealistic, thought.
As long as a market exists that can profit from exploiting PII, and is so large that it can support other industries, data will never be radioactive. The only way to make it so is with regulation, either to force companies to adopt fair business models, or by _heavily_ regulating the source of the problem—the advertising industry. Since the advertising industry has its tentacles deeply embedded everywhere, regulating it is much more difficult than regulating companies that depend on it.
So this is a good step by the EU, and even though it's still too conservative IMO, I'm glad that there are governments that still want to protect their citizens from the insane overreach by Big Tech.