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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Mar 25

    The ironic thing about the Facebook data mess is after they get regulated other advertising companies will need huge legal and compliance teams to deal with the new regulations. The regulations could actually build a nearly insurmountable moat for FB.

    4:24 PM - 25 Mar 2018
    • 143 Retweets
    • 492 Likes
    • KhabibsChokehold EndocrineDisruptor Ajay kalangi E. Harding (hail Bolsonaro!) Pervy Sage John Markley Robert Mtz Terrence Oaks Pale_Primate
    19 replies 143 retweets 492 likes
      1. New conversation
      2. Austen Allred‏Verified account @AustenAllred Mar 25

        Nearly every regulation only further entrenches established companies and cripples their would-be competitor upstarts. Almost the opposite effect regulators hope they have.

        5 replies 9 retweets 103 likes
        Show this thread
      3. Austen Allred‏Verified account @AustenAllred Mar 25

        Honestly if you’re a giant powerful company it may actually be in your best interest to start doing stuff so egregious that the powers that be try to regulate your industry

        6 replies 22 retweets 128 likes
        Show this thread
      4. End of conversation
      1. New conversation
      2. Alan Cole‏Verified account @AlanMCole Mar 25
        Replying to @AustenAllred

        This is but one of several parts of my long FB thesis

        2 replies 0 retweets 10 likes
      3. Austen Allred‏Verified account @AustenAllred Mar 25
        Replying to @AlanMCole

        I don’t understand how anyone can compete with them. Under any circumstances.

        5 replies 0 retweets 6 likes
      4. Mark Devlin  🥃‏ @sparkzilla Mar 26
        Replying to @AustenAllred @AlanMCole

        It's not possible to compete with FB as a social network. You have to do something else better first (messaging, news, voice apps etc), and then add the network.

        0 replies 0 retweets 4 likes
      5. End of conversation
      1. New conversation
      2. James MacAulay‏ @jamesmacaulay Mar 25
        Replying to @AustenAllred @chris__martin

        Good line of thinking. However, I'm reminded of PCI DSS compliance and how there's a sliding scale of the levels of precaution you need to take, dependent on how many CC transactions you're running per year. Provides a path for new players to enter market and grow.

        1 reply 0 retweets 10 likes
      3. James MacAulay‏ @jamesmacaulay Mar 25
        Replying to @jamesmacaulay @AustenAllred

        Similar setup would make sense in data privacy context for similar reasons: risk is lower when there's less private data in one place. Arguably even more important to make things harder for the big networks here. You're absolutely correct about how important it is to get right.

        0 replies 0 retweets 7 likes
      4. End of conversation
      1. Alex D. Stern‏ @AlexDStern Mar 25
        Replying to @AustenAllred

        So true, and that's also exactly why public outrage alone shouldn't be driving changes in regulation - otherwise we'll just end up in a world with even more powerful incumbents, and startups struggling to comply with additional regulations

        0 replies 2 retweets 5 likes
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      1. Daniel Lawhon‏ @DTLawhon Mar 25
        Replying to @AustenAllred

        Exactly why Zuck is embracing the need to be regulated. 1. Gets ahead of the mess. 2. Ensures FB has a seat at the table. 3. Regulations will be tailor made for FB's strategic/competitive fit.

        0 replies 0 retweets 7 likes
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      1. Zⓐch Rⓐmsⓐy‏ @cerebralbosons Mar 25
        Replying to @AustenAllred

        People are leaving FB in droves though... or maybe that's just my echo chamber

        0 replies 2 retweets 2 likes
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      1. Ryan Delk‏Verified account @delk Mar 25
        Replying to @AustenAllred

        Yup. Win win. (Long $FB)

        0 replies 0 retweets 6 likes
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      1. New conversation
      2. Tyler Love‏ @tyleralove Mar 25
        Replying to @AustenAllred @triketora

        GDPR is actually a good example of this happening right now. Not even the biggest tech companies have compliance figured out with 6 weeks until it goes into effect. With the best intentions for adoption, it’s nearly impossible to navigate.

        2 replies 1 retweet 2 likes
      3. Graham Blaney‏ @grahamblaney Mar 25
        Replying to @tyleralove @AustenAllred @triketora

        GDRR is actually a great opportunity for startups, much easier to implement, manage & control when your data footprint & systems are in their infancy

        1 reply 0 retweets 1 like
      4. Tyler Love‏ @tyleralove Mar 26
        Replying to @grahamblaney @AustenAllred @triketora

        Yes it's true it's easier to consider regulation up front than applying to legacy systems. That's not the point though. The barrier of entry to start an organization is greater. Arguably, the *big corporations* have an upper hand with teams of lawyers and product managers.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. Jacob Gubler‏ @M3DAmind Mar 25
        Replying to @AustenAllred @CTZN5

        Incumbents love regulation. Prevents competition, regulatory capture follows, especially when they're tied to deep state interests. Pick an industry. Banking, telecom, big ag, pharma, etc... It's a racket.

        0 replies 0 retweets 4 likes
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      1. Jonathan Cast‏ @jonathanccast Mar 25
        Replying to @AustenAllred

        It's intentional. The government loves huge corporations, because they're easier to control.

        0 replies 0 retweets 1 like
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      1. KYLE DUCK‏ @thekyleduck Mar 25
        Replying to @AustenAllred

        I've been wondering why FB just seemed to be making it worse and worse. Brilliant.

        0 replies 0 retweets 1 like
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      1. ニッ7ん‏ @cooltaku_ Mar 25
        Replying to @AustenAllred

        Ironic or premeditated?

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Quinn Griffin‏ @Hippogriffin15 Mar 28
        Replying to @AustenAllred @despair

        I agree that blanket regulation would cause this problem. A smart technique would be to impose stricter regulations on large networks like Facebook that can (A) do a lot of damage and (B) support the costs that come with compliance.

        1 reply 0 retweets 0 likes
      3. Quinn Griffin‏ @Hippogriffin15 Mar 28
        Replying to @Hippogriffin15 @AustenAllred @despair

        Admittedly this could tricky with social platforms because of their propensity to explode overnight, and it seems like some of the problem could lie more with backend add distribution services that could operate across many small social networks.

        0 replies 0 retweets 0 likes
      4. End of conversation

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