Category Archives: digital media

We’ve Been Robbed

An important, thought-provoking piece today from Roger McNamee in the NY Times. It’s entitled A Brief History of How Your Privacy Was Stolen and it raises some disturbing issues which concern – or should concern – us all. Mr. McNamee is a long-time tech investor and author. “Zucked: Waking Up to the Facebook Catastrophe” is his book and I think the title gives you a sense about his concerns, especially since he was an early investor in and advisor to Facebook.

This is the gist of his position:

Why it is legal for service providers to comb our messages and documents for economically valuable data? Why is it legal for third parties to trade in our most private information, including credit card transactions, location and health data, and browsing history? Why is it legal to gather any data at all about minors? Why is it legal to trade predictions of our behavior?

Good questions, and if you’re not concerned by the answers or the implications of the questions themselves, here are a few things to consider. First, go to Facebook, click under “settings” and look at the “Ads” tab. Scroll down a bit and open up the line that says “advertisers and businesses.” There you will see a list of all the companies that uploaded your email or phone onto Facebook so they could serve you ads. The companies listed have run ads in the last 7 days containing your information. Scroll down and keep opening the “see more” rows. I quit when I got over 500 companies. Most were companies – car dealers and realtors – with which I’d had no dealings. Why do they have my information? Of course, I’m aware of list brokers but why would a car dealer in Arizona pay for my information? That’s their issue; mine is that they have it.

I’m willing to bet that you’ve given Facebook and others way more information than I have. I use the DuckDuckGo search engine so my search history is private. I’ve locked down my browser so the “bugs” from Facebook, Twitter, and others don’t follow me. You can start by disabling the “ad settings” on the Facebook “ad” tab you’re on. That’s only a small part of the issue.

Anyone who is paying attention to China has seen the rise of a totalitarian “Big Brother” state built around constant surveillance. In 2015, the Chinese Ministry of Public Security announced it was looking to implement an “omnipresent, completely connected, always on and fully controllable” network using facial recognition systems and CCTV hardware. It’s largely in place. What does this have to do with you?

Google, Facebook, and others know pretty much everything about you. Where you’ve been, your friends, your shopping habits, etc. McNamee’s point that “Platforms are under no obligation to protect user privacy. They are free to directly monetize the information they gather by selling it to the highest bidder” underscores the problem. What happens when the highest bidder has nefarious intent? What if it’s the government? What if your insurance company wants to raise your rate because you’re buying fast-food and cookies?

I make it a point to do unpredictable things every so often to mess with whatever algorithm is paying attention. That can be as simple as shopping for products in which I have no interest or “liking” something that I really don’t. Sometimes I wish that we could put the tech genie back in the bottle, even if it’s a bottle I had a hand in opening in some small way.

Read the McNamee piece and tell me what you think, ok?

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Filed under digital media, Huh?, Reality checks

Masking The Message

Chase Bank did something really dumb the other day while they were actually doing something smart and necessary. It’s a good lesson for any business that how you communicate is every bit as important as what that communication entails.

Chase tweets out something on Mondays hashtagged #MondayMotivation. This week they attempted to inject a little humor into something that really isn’t humorous for the folks who face it: a depleted bank account. Chase tweeted out a fantasy dialogue between a consumer and their bank account. The customer wonders why their bank account is so low and the bank account replies, and I’m paraphrasing, because you spend money on things like buying expensive coffee and dining out and taking taxis when you could walk. The customer replies “I guess we’ll never know”. It came across as snarky and patronizing, especially coming from a bank that makes millions in profits on the fees charged to their customers for ATM use and overdrafts (not to mention a multi-billion dollar bailout from taxpayers).

Politicians jumped in, as did a lot of pundits. Frankly, when I heard about it and the responses to it, I thought it was too bad that a good, important message got lost in a bad presentation. Many younger consumers (and quite a few older ones) don’t realize that making coffee at home can save them hundreds or thousands of dollars a year, as can walking and bringing lunch to the office or learning to cook at night. Those $4 lattes add up and many younger people never learned the financial management skills as they matured that one needs to cope with the money demands that adult life makes. While I don’t discount the effect that stagnating wages and creeping inflation have, having the skills to think through the bigger picture can help.

Any business needs to ask itself “what baggage do I carry” before they message their customer base. Are they angry about anything? Smart businesses constantly have their ears to the ground to listen for any disruption in the force. They monitor social media, their own customer service reps, and the news media generally. Money, or the lack thereof, is one of the most sensitive topics the bank could have addressed. Snark, condescension, and arrogance are rarely the right approach, even when the message is spot on.

Chase was smart enough to delete the tweet and replace it with something humble – “Our #MondayMotivation is to get better at #MondayMotivation tweets. Thanks for the feedback Twitter world”. That’s something every business should constantly try to do – get better – don’t you think?

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Filed under Consulting, digital media, Huh?

Something Could Be Gaining

I was watching TV last night and on came a commercial break. There were 5 commercials in this pod along with a couple of promo spots for the network I was watching. When the pod was over, something dawned on me and that has prompted today’s thought.

Not one of the five companies that were advertising was in business a decade ago. Every single one of them was digitally-based and every single one of them was disrupting an existing business sector.

There was an online realtor who would buy or sell you a house without using a local agent. There was the online employment site that would find you a job and serve as your headhunter. There was a site that would pack your pills into individual doses and mail them to you, no trip to the pharmacists needed. The next company would book your next vacation and notify you if now was not the optimal time to book.

I wonder, a decade ago, if the pharmacists thought that they would be threatened by a company that could fill prescriptions in a way no drug store could and at prices that are reflective of their no physical outlet cost structure? Why bother going on interviews with headhunters when you can post your resume and let the algorithm find you interested employers? Why spend on a recruiter when you can have candidates screened electronically and only see the best?

Satchel Paige is quoted as reminding us “Don’t look back. Something might be gaining on you.” I think that’s optimistic. If you are in any business these days, something IS gaining on you and they may be the advertisers whose commercials you watch as they go by. Disruption is a fact of business life and unless you’re thinking about how your business could be replaced, you’re missing the boat.

Make sense?

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Filed under digital media, Reality checks, Thinking Aloud