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The Real Reason Companies Have Become Obsessed With Your Data

How Money Works 203 views

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Stop buyingbrbrbrNo creditbrNo fianancebrNo creditbrNo online buyingbrNo credit cardbrAnd def no buying new carbrNo loansbrNo swipe techbrNo online business creditbrbrI'm better off, brPeacebrbrAnd no paymentsbrbrbrBye bye credit
Comment from : @cc-iq2bs

YawnnnnnnnbrbrModern day lifebrbrIs crap
Comment from : @cc-iq2bs

I like how they polities this, but in reality, the next "war" will be manipulating peoples thoughts It's already happening!
Comment from : @pappabear7617

It should be stopped A federal law should be put on the books to stop this crap Only one way that’s happening, American’s need to wake up, join forces and demand there politicians draft a bill and sign it into law banning the practice The majority has to be larger and louder than the minority
Comment from : @Mr_Tecumseh

If they are making millions of money 💰 by stealing are information we should be able to sue these companies Laws has to change to protect the public citizens from these monster 👹 🙌 We should be albe to know to has stolen are data period
Comment from : @Elonmaybanazi

THEFT
Comment from : @BayOsborn-h4f

Literally EVERY company has jumped the shark to sell us Is anyone going to talk about who's buying?
Comment from : @jonathanzimmer8143

If you invest in the stock market you are making money from all this mined data So you can't complain about your own lack of privacy
Comment from : @CVA34WestPac

Our ancestors were obsessed with how to get their names and stories to transcend time Here we are today, wishing only for the right to be forgotten
Comment from : @hueco5002

i'm the algorithm that searched for this vid
Comment from : @Aventis-ix

God, what a bunch of slimeball companies
Comment from : @galimirnund6543

The thumbnail has me feeling very personally attacked
Comment from : @blabla903

The more obvious Reason, to take your ideas and run with them with their knock off low level versions
Comment from : @spiritakarabbit369

Totally radical idea, but what if consumer data was taxed as an asset based on value, just like any other tangible good? Think about it It costs lots of energy and resources to house all of this data on servers You need to back everything up in multiple data centers, as a DLP best practice This all causes unnecessary use of energy and creation of pollution so that companies can exercise their right to violate consumer privacy The absolute least we can do is tax companies for it
Comment from : @fuckshit8208

I wonder how many of these "on-line protection" service companies also sell customer data? How would you know they did?
Comment from : @rogerbartlet5720

So this is why tiktok is being banned 😩
Comment from : @Akomt7

What money? This is a shell game played by big business selling the next big thing to morons who think they can get rich quick with the new tech boondoggle One company manages to convince another company that their data sets will somehow give them advantage over their competitors Pure bs Suckers looking to sell to other suckers
Comment from : @johngore5127

Do you have the links to your sources used in this video?
Comment from : @eice6372

This content is absolutely fantastic I had the pleasure of reading something similar, and it blew me away "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
Comment from : @Bill0102

It's amazing how few things in the thumbnail apply to me lmao 25-35, and English on a technicality
Comment from : @creshiell

Those barrels sounded a lot like the intro to The Game - How we do
Comment from : @Iceman5613

One day all of your encrypted private data will be decrypted
Comment from : @ghostmantagshome-er6pb

Could you imagine if the government required data brokers to pay individuals at least 50 of the profits every time it's sold? I feel like it'd help to end unemployment and they could even have it not count against social security or disability
Comment from : @austinjones5681

Be first be smarter or cheat
Comment from : @the_expidition427

On top of this: government agencies are now also buying data to circumvent the 4th Amendment Now they can search you without a warrant
Comment from : @HPSmugscraft

nothing wrong here just a bunch of white woke hating the rich
Comment from : @thishandleisntavailable

Much of the data has been used for false advertisement For example, social media platforms might tailer recommendations to users they have count as friends products they use
Comment from : @hilestoby2628

Well, this why they made it illegal The Privacy Protection Act 2022 added in the law that they can not do this
Comment from : @higurashianduminekoconnect1702

The video is very nice and informative and eye opening, but I wish I was a bit slower so we can grasp and understand the ideas and what you are saying
Comment from : @adelinghanayem2369

"Large companies and governments" are the ones most concerned with big data as opposed to what? I would be a thousand times more concerned if a loner hobbyist was somehow collecting vast amounts of my data
Comment from : @Well_Earned_Siesta

they should be sued to give us UBI
Comment from : @catoftruth1044

Andrew Yang has been saying this for the longest time ever
Comment from : @UXtatic

Fun thought Tesla has self driving cars worked out now They just know, from these massive data pools, that most, or not enough people will accept them So they dont release it yet They could know already what mark needs to be met, and thos could apply to a LOT of things
Comment from : @gmat5046

"We won't technically sell your data yet"
Comment from : @tutacat

I found this video by simply typing in “why is our data valuable” bc I was genuinely curious how they make millions off of information that I would willing part with for a payout It’s like just because they know what brand of socks I like is somehow worth thousands Even after your video, I still have so many questions
Comment from : @gavinvick3592

The thumbnail describes me almost perfectly… creepy
Comment from : @thequestion3953

There's a reason why there's sudden demand for data scientistss
Comment from : @krox477

The ironic thing is that the vast majority of the companies mentioned were founded and grew successful LONG before the technology to harvest and read all this data even existed Which means that, now that they have it, they should be entering a veritable golden age of success and profitability They have all the user data they could ever want to build and market the perfect product Instead, it feels like corporations have LESS of an idea of what consumers want, not more I cannot recall the last time I saw a major product that I was genuinely excited about or felt like I needed Which means corporations bet the kitchen sink on data, algorithms, and AI for *nothing*
Comment from : @jasminelav332

Maybe Yang should run again in 24
Comment from : @shawniscoolerthanyou

Watchdogs, the game, is becoming reality more and more all the time
Comment from : @Incogyeeto

It's so bullshit that all these companies that don't do shitI mean lets be real what do they do for others? Farmers farm, truckers truck, medics heal, hospital staff work together to keep patients alivesoftware engines make programsthese people who shuffle around paper don't do shit in reality Sure it's "making money" but why do they get to make money doing absolutely nothing while every other job doing something to help people gets absolutely shafted
Comment from : @silverscalederg8632

The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks How can one profit from the present market" with effective entry and exit strategy, I mean I've heard of people making upto 350K within few months and I want to know their techniques
Comment from : @tildazarqa4691

If they are selling my hentai sesrch history data for marketing I want half of the proceeds damnit
Comment from : @nerdingout322

if EA has all these tools, why was battlefield 2042 a miserable failure?
Comment from : @pelegomodafoca9439

Lmao glad to see they still can't figure out what I want
Comment from : @jonathanpalmer228

9:49 have you played Apex??? I strongly disagree
Comment from : @god6815

Just a friendly reminder that capitalism is why data is used against us
Comment from : @ProleDaddy

You can no longer identify an employee as male or female without considering the 100’s of other genders the progressives have created
Comment from : @bapi6643

Now we the people need to buy employer data to do better in interviews lol
Comment from : @IL_Bgentyl

I absolutely despise all these companies and businesses stealing all of our information, and giving us basically nothing in return
Comment from : @drtyhay

Hello! I'm from Romania, I like your channel, I've watched more than 20 videos The problem is that when I recommend your videos to friends or relatives the videos in question lack any translation in romanian language, even the automatic translation I'll be very happy if you can fix this problem, I will recommend your channel more often and you will get more views
Comment from : @tutueanuciprianpetru6938

Good video
Comment from : @orionisaacs9864

How are these companies going to make withdrawals in the next 5 years?
Comment from : @harshitavaswani1995

The npc masses are easy to control
Comment from : @lukemorgan6166

I need somebody to explore what you were talking about with EA games and how they use analytics to drive their game design based on engagement I think that is exceptionally bad for video games It's no longer about what's actually fun It's about what keeps you engaged and those are not the same things It's really crazy how games these days come out with all of these limited time events and these fear of missing out mechanics and all of this stuff to keep keep people engaged Like plenty of competitive games will have alternate game modes that are more casual and relaxed Not as high pressure sort of thing But the problem is now all of those "Actually, fun" game modes are very limited edition and are only accessible for a short period of time This is become the norm This is not fun
Comment from : @BigDaddyWes

Why was the moat at 3:48 a wall?
Comment from : @ArkienII

That profile in the thumbnail fits me perfectly
Comment from : @bmanichanh

The irony of watching this on Youtube
Comment from : @Mkeyvillarreal

Its almost like harvesting data without our permission is completely unethical and should have been outlawed decades ago, but it hasnt because legislation negligently lags behind
Comment from : @KTSpeedruns

pretty biased at the beginning with Trump images
Comment from : @awtenter

Governments and large corporations collect your data and store it in the cloud The US probably needs something like GDPR to prevent abuses However for every EA or Microsoft there are 80 to 90 firms that fail badly with these technologies As a Data Engineer and ML Engineer I see this every day Talent matters much more than just what data is collected There is a difference in talent between Ray Dalio's fund that earns 73 and George Simon's fund that earns over 60
Comment from : @troymann5115

Take a shot every time he says "data" See you at the hospital🍻
Comment from : @emileriksson1025

And people still think the government exists to help them Lol
Comment from : @matthew8153

Information to use against you later
Comment from : @rockystaatz521

bruh how is the thumbnail so on point, im in damn romania wth
Comment from : @pasteancalin7826

Interesting that the YouTube algo is considered advanced when it provides completely different recommendations on different devices (same account)
Comment from : @TheOneWhoMightBe

Yeah but i honestly don't care Monitize me all you want I love getting good ads, it saves time for me to search out all the cool things out there If they are going to use my behavior patterns to keep me more engaged and send me cooler and better tuned videos, idgaf brbrI really don't think it's a big deal except for the hedgies profiting off semi inside trading Fuck em
Comment from : @ImHewg

Omg! I DO need a new toaster! Thanks for the targeted suggestion!
Comment from : @Shannon_Vlogs

So why have I gotten ads for womens' products from YouTube? Sometimes entirely in spanish?! Not my demo, not even close It looks to me like the ads I see are almost about what videos I am watching, plus glitches I don't think web companies can run sophisticated AI at scale, it's still too expensive
Comment from : @tristan7216

Nice
Comment from : @sourabhmayekar3354

People : I want to go on FacebookbrFacebook : Read the terms and conditions and accept that we will use your information and we may sell it to other companiesbrPeople : Yeah whatever I'm not gonna read that I'll just accept and give you permission to do thatbrbrdel--A couple Years later---/delbrbrPeople : 😮 Facebook is selling my information without my permissionbrbr🤦
Comment from : @mamellomolokwane1762

Long winded intro Repeated the premise again and again and didn't get into the meat till almost 70 percent of the waybrbrPls do better HMW
Comment from : @ixnebaby

So it is bad if the Trump campaign uses data, but perfectly fine if that data is used against Trump and but a 80 year old with advanced Alzheimer’s in the White House, I see this as a lose lose for America 😮
Comment from : @denniss3980

Holy crap, that hedgefund portion is crazy horrifyingbrbr"We, the rich already, we WILL win Always"
Comment from : @jeffkadlec8264

Quantity vs Quality: No matter how big the data is, it's worth nothing if it's not realistic Beyond the hype around data monetization, the massive profiling of people is a violation of human rights An investment mirage destined to become a pile of shit
Comment from : @apolodelsol

Don't worry there won't be a social credit score based on all your stolen data Never
Comment from : @AdeptPenguin

Joke's on your thumbnail I'm way poorer than thatbrHa!
Comment from : @IlRovina

HDDs are not effective lol brSSDs cost more / size and die faster brHDDs are still the best media to store huge ammounth of data or maybe tapes are better?
Comment from : @senditall152