Trading privacy for survival is another tax on the poor

Re:Trading privacy for survival is another tax on the poor by existencebox on Monday March 18, 2019 @01:04PM (#19422850)

Isn't this the purpose of insurance adjustments? When an event occurs that would cost the insurance company money, they change their prior of what you should be paying, no need to try and "pre-crime" with tracking chips.

I would rather we not normalize technology that really has no reason to exist but to allow insurance companies to optimize the last meaningless % of their margins at the cost of a slow erosion of an expectation of privacy. (companies who already have a history of doing questionable things to deny claims and avoid liability, enoughso that I have personal stories on this matter)

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Re:Trading privacy for survival is another tax on the poor by epanchin on Monday March 18, 2019 @01:13PM (#19422935)

This is more like advertising your insurance company in women’s magazines to pre filter your customers without offering different prices based on gender.

As the insurance company couldn’t determine your driving ability themselves, and therefore offers the same price regardless of ability, the black box allows customers to pre filter themselves before applying, hopefully reducing the average accident rate.

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