Re:Cambridge Analytica staff set up new firm
by lordnacho on Saturday July 14, 2018 @09:11AM
(#17530203)
This can't be a surprise. A lot of firms in the professional services sector have no real assets, just the knowledge and relationships held by their staff. Bankruptcy doesn't transfer such things to creditors, and legal rulings stick with the old entity.
Re:Cambridge Analytica staff set up new firm
by dalbasal on Saturday July 14, 2018 @10:35AM
(#17530489)
This is an example of leaks in the corporation="legal person" abstraction, the "intangible assets" abstraction.. or it's twin, IP. Some "stuff" is not like other "stuff".
Re:Cambridge Analytica staff set up new firm
by mockingbirdy on Saturday July 14, 2018 @10:18AM
(#17530435)
I think their value comes from the collected data of Facebook profiles. If they just copy the data and their trained models, they essentially just use the IP that brought them into that mess in the first place.
All the knowledge doesn't help them, they'll need to use their models which they've developed at CA. Otherwise they can know a lot about machine learning and statistical methods, but don't have the data to train their models. I think it will be revealed that they just use the same data. Which is borderline illegal, IMO.
Re:Cambridge Analytica staff set up new firm
by lozenge on Saturday July 14, 2018 @01:04PM
(#17531145)
Their psychographic model was hugely overblown. A couple of Facebook likes do not mean they suddenly know the path to change your mind with some ads. They were just a political dirty tricks operative.
Re:Cambridge Analytica staff set up new firm
by consumer451 on Saturday July 14, 2018 @12:01PM
(#17530832)
> they'll need to use their models which they've developed at CA
This is what drove me to quit FB many years ago. They kept resetting my privacy prefs, which most considered a minor annoyance. "Just change it back, big deal."
The thing is that this citizen profiling data lives on until you die. Most people don't change their basic beliefs and interests very often. A bad actor only needs one opportunity to profile you for life.
Blackwater -> Xe Services
Operating in Africa, no less.
All the knowledge doesn't help them, they'll need to use their models which they've developed at CA. Otherwise they can know a lot about machine learning and statistical methods, but don't have the data to train their models. I think it will be revealed that they just use the same data. Which is borderline illegal, IMO.
https://www.theguardian.com/uk-news/2018/mar/19/cambridge-an...
Their models might not be the most accurate, but they are a big part of their success. + all those dirty tricks they've pulled off.
This is what drove me to quit FB many years ago. They kept resetting my privacy prefs, which most considered a minor annoyance. "Just change it back, big deal."
The thing is that this citizen profiling data lives on until you die. Most people don't change their basic beliefs and interests very often. A bad actor only needs one opportunity to profile you for life.
My personal opinion is that there will be a high probability that they use data which they've obtained illegally.
(Also, I'm not sure this would be the best way to deal with people like this, and I guess it would need more thought.)