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Re:NSA asks Congress to let it get on with that warrantless ... by jonnybgood on Sunday January 15, 2023 @10:23PM (#34396439)
There are severe consequences to what you're suggesting with a net negative to society. Before you know it we'll have Big Tech Banks being a money launderer's wet dream. Kinda like how it is now, except all their data is in a bank the government can't touch or will ever know about.
Re:NSA asks Congress to let it get on with that warrantless ... by bioemerl on Sunday January 15, 2023 @10:25PM (#34396449)
I would believe regulations on banking would apply regardless. You would apply these laws only to places where social media companies are dealing with the people's day today data and interactions, not stuff like banking.

It's the law, it'll be written by a billion lawyers who consider edge cases like this and this little comic will apply.

https://xkcd.com/1494/

Re:NSA asks Congress to let it get on with that warrantless ... by jonnybgood on Sunday January 15, 2023 @10:34PM (#34396499)
You're oversimplifying the law. There's no legal speak as to what constitutes Big Tech. What if it's a social media company that does financial transactions?
Re:NSA asks Congress to let it get on with that warrantless ... by bioemerl on Monday January 16, 2023 @09:44AM (#34401110)
> There's no legal speak as to what constitutes Big Tech. What if it's a social media company that does financial transactions?

Again. This is literally what law is all about. All existing law was created from baselines like these, and this is a very very poor excuse to refuse to regulate a massive and dangerous industry.

Refusing the ability for the government to absorb the data of big tech is not empowering them, it's weakening them.

Re:NSA asks Congress to let it get on with that warrantless ... by CyanBird on Monday January 16, 2023 @01:15AM (#34397440)
> There are severe consequences to what you're suggesting with a net negative to society

There are always severe consequences, there are severe consequences if thhe status quo remains as is, there are severe consequences if the status quo changes

We have got banking privacy regulations through the world, we have got religious and government split laws through the world. These both work and are needed

It is due time big tech becomes split from explicit government interference with political aims and goals as shown on the Twitter Papers. This NSA bullshit is also not acceptable