Key lawmakers float new rules for personal data protection; bill would make privacy a consumer right

Something most Americans desire, something big tech and social media detest. Any vote against more privacy protections is a vote bought and paid for by billionaires and that's the real DC swamp doing it's business as usual.

Advertising is a core funding model for a lot of businesses. There is the legitimate the argument that upending it now could lead to the collapse of a lot of the tech sector. While I do believe we never should have gotten here in the first place, we should be cautious and methodical when unwinding it. We don't want a recession, and we need US businesses to be able to compete on the global stage.
- Bro we can advertise without breaching of privacy.
- If they need to buy/sell all our personal information so they can advertise, and they need to do that to survive, I'd say let them go bankrupt.
  Also, what is proposed is very reasonable, this won't cause a recession.
- Most of us in ad tech have been living with a patchwork of these laws for 5 years. This will simply life.
  https://iapp.org/media/pdf/resource_center/State_Comp_Privacy_Law_Chart.pdf
- Hot take, considering how ridiculous prices have gotten for things like housing and groceries, maybe a recession would be good and help reduce those prices. I'm not an economist so very much spitballing

Bipartisan support? In an election year? Dead in the House.

privacy is already supposed to be a right lol

This is great. I'll wait to see the actual proposed legislation before judging it, but this summary indicates to me that the bill is severely lacking in two major respects. Unless it is missing from the summary, it doesn't appear to address data security requirements nor does it place limits on the types of data that can be collected.

Regardless, this is a step in the right direction, I just hope it isn't the only step and that it has some significant teeth. Most legislation like this seems to just be a tax on companies rather than a true penalty.

It’ll likely be a federal version of the current state regulations that ad agencies already need to abide by. I wouldn’t get too excited.

This is the best summary I could come up with:

WASHINGTON (AP) — Two influential lawmakers from opposing parties have crafted a deal on legislation designed to strengthen privacy protections for Americans’ personal data.

The sweeping proposal announced Sunday evening would define privacy as a consumer right and create new rules for companies that collect and use personal information.

While the proposal has not been formally introduced and remains in draft form, the bipartisan support suggests the bill could get serious consideration.

Congress has long discussed ways to protect the personal data regularly submitted by Americans to a wide range of businesses and services.

According to a one-page outline released Sunday, the bill worked out by McMorris Rodgers and Cantwell would strengthen rules requiring consumer consent before a company can collect or transfer certain kinds of information.

One provision of the proposal would allow consumers to opt out of targeted ads — i.e., advertisements sent to them based on their personal data.

The original article contains 339 words, the summary contains 152 words. Saved 55%. I'm a bot and I'm open source!

Any bill must also take into account the huge spy operations of the government internally. "Protecting privacy" sounds cool from Meta, but is useless unless it also covers the TSA, CBP, NSA, etc.

No, it's not useless. And you are comparing apples to oranges.
Progress is progress. If we wait for a solution that fixes everything then we will never make progress.
The all or nothing mentality people hide behind is just a cynical shield against dissapointment.
So let's pursue both. Yes, regulate the private sector. But make a separate bill that handles how our government can use data.
- If we wait for a solution that fixes everything then we will never make progress.
  Don't let perfect be the enemy of good.
Staircases have more than one step.

I'm excited to see something finally happening on this front. I'll be paying close attention as this develops. Here's hoping something positive actually happens.

From the USA? I'm skeptical...

I really can't remember the last time something positive to the world came from the USA ... I'm definitely biased as the news have turned into a non-stop fake fire alarm, but still