The FTC's findings underscore an alarming reality regarding social media and streaming services: they not only surveil users but also individuals who are not even on their platforms, collecting data indiscriminately.
Lina Khan, chairperson of the FTC, emphasizes that while these surveillance practices are profitable for tech firms, they pose significant threats to privacy, personal freedoms, and safety, especially for vulnerable populations like children.
The report explicitly states that self-regulation among social media companies has failed. Industry practices reward data harvesting, leading to serious privacy concerns and societal harms.
The large-scale retention of user data, as highlighted in the FTC report, raises questions about trust in companies and the effectiveness of self-regulation in ensuring consumer privacy.
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