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A comment on Google CEO: “can we change the setting of this group to history-off” [pdf]. Parent comment

Re:Google CEO: “can we change the setting of this group to h... by dylan604 on Saturday April 15, 2023 @10:34PM (#35586724)
all of those "disruptors" just makes me cringe every time i hear it now. there have been so many bad actors. paypal still seizing accounts because some automated thing made a decision that can't be shared as to why. seems like Stripe as been in the news for similar topics. then you get the ones like Uber just flagrantly doing shady things to get that disruption.

now, when i hear someone say disrupt, i immediately assume they are cutting corners on whatever regulation that is needed to gain a leg up over the incumbent companies following the regulations.

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Re:Google CEO: “can we change the setting of this group to h... by steveBK123 on Saturday April 15, 2023 @10:43PM (#35586773)
Tech thinks it is "disruption" when they are breaking laws they don't like / they deem outdated / they deem "unfair" / that prevent them from making more money more quickly.

Tech wanted people to think this was different from Wall St somehow, but I think the average American no longer sees the difference.

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Re:Google CEO: “can we change the setting of this group to h... by seanmcdirmid on Saturday April 15, 2023 @11:11PM (#35586928)
Paypal and Stripe's actions like seizing accounts automatically is probably more due to complying to industry rules rather than avoiding them. The "shady" things are what any bank would have to do, not just the techs.
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Re:Google CEO: “can we change the setting of this group to h... by WWLink on Sunday April 16, 2023 @12:01AM (#35587161)
No way. Any time I've had a debit card shut off, they made several blatant attempts to contact me, and when I called them they immediately connected me to the fraud department to help solve the issue.

Getting a paypal/google/whatever account flagged is basically the death of that account.

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Re:Google CEO: “can we change the setting of this group to h... by seanmcdirmid on Sunday April 16, 2023 @03:01PM (#35593215)
You aren’t running a business, and you haven’t really dealt with your bank much beyond the e consumer level. They will cut you off as quickly as possible if they suspect anything nefarious going on. Banks are less reasonable than techs in this regards, you’ve just never used them to sell something.
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Re:Google CEO: “can we change the setting of this group to h... by RhodesianHunter on Sunday April 16, 2023 @09:19PM (#35595769)
>Banks are less reasonable than techs in this regards

Nonsense. Banks have someone you can get on the phone, usually 24/7. Good luck getting anyone at Google on the phone.

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Re:Google CEO: “can we change the setting of this group to h... by seanmcdirmid on Sunday April 16, 2023 @09:54PM (#35596014)
Really they don't. They will cut you off and then maybe take your phone call. Google and Apple don't actually run their own financial services, they partner with the banks that you think are actually better, but aren't really.
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Re:Google CEO: “can we change the setting of this group to h... by WWLink on Saturday April 15, 2023 @11:59PM (#35587148)
> now, when i hear someone say disrupt, i immediately assume they are cutting corners on whatever regulation that is needed to gain a leg up over the incumbent companies following the regulations.

This is.. not new at all. We were talking about Uber doing that about a decade ago lol.

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