All the data collected needs to be privatized no matter who collects it whether its a business, or social media or where the ownership lies. Focusing solely on TikTok or other foreign owned data collecting agents is just plugging one of manly data leaks. But we must start and if fear of our enemy China is the spark so be it.
China is our enemy so they should have no pipeline into our country so this bill is better than doing nothing. Hopefully one day we'll have a Congress that get's tired of "winning", bouncing back and forth btwn crises(both real and imagined) and get back to its real job which is to govern.
I think all our data should be
OURS. WE should have the option rights, the choice, to SELL IT or RENT IT to them or not.
Example: let us imagine hell has frozen over and I decide to join Facebook. Let's say, under this new law that says
I own my data and I have the right to sell or rent it, Facebook offers me $25.00 a month in exchange for all the data it's going to gather and share about me. I need grocery money, so I agree to that sad bargain.
Ah, but FB would probably price my data much lower than $25.00 a month because advertisers don't care what older, poor people think. They will give me $7.00 a month. But I decide to take that deal anyway. FB then has to PayPal me $7.00 a month until I die.
If they get a wealthy celebrity on their site, lots of people want to follow them, so their data is worth a lot - the celebrity is offered $10,000 a month.
The thing is, social media companies decided long ago that our data is valuable - it is something to be bought and traded.
The problem is they have not cut us in on the deal.
If I sell my plasma, that plasma is MINE to sell. It is a body part. If I tell true stories from my life, those stories are mine to sell.
FB could also say, "Donate your data to us and be a good person! We will give you more access to features on our site if you DONATE your data to us!" Fine. If people want to fall for that logic, they can. If they really think FB needs their donations, I cry at that thought, but FB can cry poverty and fool them, I guess. IDK if that is illegal or not.
It's like all the people who have donated money to Pat Robertson's "ministry" over the decades.
Did they have any idea Pat Robertson's net worth was about $100 million when he died?
That's the answer, IMO. Our data should be deemed personal property and we get to have obvious and transparent control over it. (E.G. what if there was a sidebar on every social media site that showed how much data was being transported and shared on a minute-by-minute basis? Make the sharing that obvious and transparent so people could actually see it in real time. They can right-click to hide the sidebar if they don't want to see it. )
I think this is already written in the Terms and Conditions of these sites and people unknowingly click OK to that. But if they could see it in action in real time, on every site, maybe that would help them understand? Especially parents of teens and children! Watch what this site is sharing with total strangers about your kid.
IDK - all I know is that billionaires and milionaries are making tons of money off of us and we sure do not get our share. Moreover, when politicians would like to tax the wealthy so maybe we could build more abundant low-income housing (for all the poor slobs paying 50% of income to rent), they wealthy cry "FREEDOM", as if they are about to be enslaved.
The only "slaves" in this picture are the slaves to FB and TikTok and all the rest who are gathering their data, and selling it "on their behalf".