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Noahpinion's profile
Noah Smith 🐇
Noah Smith 🐇
Noah Smith  🐇
Verified account
@Noahpinion

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Noah Smith  🐇Verified account

@Noahpinion

Writes about economics, tweets about rabbits. Check out my Substack: https://noahpinion.substack.com/ 

San Francisco, CA
noahpinion.substack.com
Joined April 2011

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    Noah Smith  🐇‏Verified account @Noahpinion 24 Feb 2019

    Noah Smith  🐇 Retweeted James Pethokoukis

    Remember, whether regulatory barriers are good or not, they generally do tend to benefit big companies.https://twitter.com/JimPethokoukis/status/1099756447498452998 …

    Noah Smith  🐇 added,

    James PethokoukisVerified account @JimPethokoukis
    “Since the GDPR’s implementation in May, the rank and market share of small- and medium-sized ad tech companies has declined by 18 to 32 percent in the EU, while these measures have increased for Google, Facebook, and Amazon” http://www.aei.org/publication/federal-trade-commission-oversight-and-the-need-for-online-consumer-privacy-legislation/ …
    9:41 PM - 24 Feb 2019
    • 47 Retweets
    • 199 Likes
    • Abhishek Purushothama(ಅಭಿಷೇಕ್ ಪಿ) Troy Rick Battle Aristotle Magganas samuel Pascallisp Cooper Jefferson High Quality 2022 Content™️ 🎉🥂 Mike Masnick
    11 replies 47 retweets 199 likes
      1. 武則天/فاطمة بنت محمد الفهرية القرشية‏ @temacube 24 Feb 2019
        Replying to @Noahpinion

        This is intrinsically true, made more so politically bc noncompliance fines are meaningless for large companies. Two headed coin they win both sides.

        0 replies 0 retweets 1 like
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      1. kylie4bob‏ @kayfourbee 24 Feb 2019
        Replying to @Noahpinion

        It's become the generic excuse for getting out of anything you don't want to do.

        0 replies 0 retweets 0 likes
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      1. Doug‏ @formerbartender 25 Feb 2019
        Replying to @Noahpinion

        So Google, FB, etc have been aided by the absence of regulatory barriers in the US on data privacy and by the opposite, the GDPR in the E.U.? That’s a real heads I win, tails you lose. Data privacy regimes outside US increasingly modeling on GDPR so something has to give.

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      1. J. Mark Leonard, PhD‏ @JMarkLeonard 25 Feb 2019
        Replying to @Noahpinion

        From AEI, so confirmation is needed.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Adam Ahmed‏ @hitsthings 25 Feb 2019
        Replying to @Noahpinion

        They don't have to, right? I would love some progressive regulation the same way progressive tax works.

        1 reply 0 retweets 0 likes
      3. Lizard of Science with highly educated T cells 🧬 🦎‏ @sciliz 25 Feb 2019
        Replying to @hitsthings @Noahpinion

        You can build in some. Progressive fines for violations is probably useful. Cutoffs for size may be necessary but create some bizarre incentives at the margin. But legal battles are inherently costly.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Hank Rearden‏ @STLJimmyG 25 Feb 2019
        Replying to @Noahpinion

        Lesson # 5,382 in why government intervention via regulation is generally a terrible idea. #freemarkets

        0 replies 0 retweets 1 like
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      1. Conor Hennessy‏ @typingduck 25 Feb 2019
        Replying to @Noahpinion

        It would be good to have some research to back up that statement. Perhaps I missed it, but the linked article doesn't show that. It shows a significant drop in online trackers. Which is kinda the point of online privacy.

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      1. William Benton‏ @willb 25 Feb 2019
        Replying to @Noahpinion

        My usual conversation starter with people whose job it is to advocate for the GDPR has been “this clearly has many salutary effects but won’t it just make it impossible for new companies to compete in social media, adtech, etc?” I’ve never gotten a serious answer.

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