Reply to post: Re: Fake News!!

Facebook confirms Cambridge Analytica harvested profile data

Ian Michael Gumby
Boffin

Re: Fake News!!

And you have a Facebook account?

If you read the article... the theft is that the Good Professor got access to the data for Research and that he later monetized the use of his algos and the data gleaned from FB. Its only theft because only FB wants to be able to monetized their data.

Its really not theft but breech of contract, but it sounds better to claim that the company which paid the good professor for the data and his algos 'stole' the data.

There are a few takeaways...

1) Most people on FB are foolish and don't understand that TANSTAAFL and that they are the product.

2) While not theft, it's a question of breech of contract on the Professor's part. The company bought something that the professor had no right to sell.

3) There will be a lawsuit over this... a couple of government investigations that go no where, and most people who had their data used will not understand the fuss and go meh.

Life will go on, and Zuck will still be worth billions because Gruber was right.

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