Tech Companies Don't Need to Be Creepy to Make Money

  • 📰 WIRED
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Surveillance capitalism is creepy, and big tech companies can still profit without it. (From 2021)

“We questioned the assumption: Do you really need to track people to make money in advertising? And our answer is no,” Gabriel Weinberg, DuckDuckGo’s founder and CEO, tells me. Part of the company’s success, he notes, is that a significant chunk of people want more privacy. A Pew Research Center study found that 81 percent of Americans think the downsides of data tracking outweigh the benefits.

“A lot of companies could be still pretty profitable if they chose to go this route,” Weinberg says. “They may be a little less profitable. But you know, it’s like—is that extra profit worth all this societal impact and problems? We don’t think so.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 555. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines