A report from the Federal Trade Commission has found that major social media and video streaming have been engaged in ‘vast surveillance,’ including of children.of an ongoing study of social media sites from the past four years. According to the findings, many social media sites and streaming services have been involved in “vast surveillance” of customers to profit from personal information. The report names Amazon, Facebook, YouTube, Twitter/X, Snapchat, ByteDance , and more.
The FTC says the core of the issue here is that the business model of most of these platforms hinges on the “mass collection” of user data to implement revenue-generating targeted advertising. The report describes social media and video streaming companies as having constructed “the infrastructure for mass commercial surveillance,” which the FTC says creates “serious costs to our privacy.”
The study concludes that attempts by these companies to self-regulate “has been a failure.” The FTC report is pessimistic that social media companies will adequately protect their users, provided that strict laws with regulatory teeth are not in effect.
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Source: NBCNews - 🏆 10. / 86 Read more »