Apple CEO Tim Cook: supervisors for data traders are needed




There are ‘clearing offices’ that the data traders agree and that keep track of all transactions of personal data. That’s what Apple CEO Tim Cook says in an article in Time magazine. The American FTC should set up that office.

Tim Cook official profile picture Such a settlement office can keep track of all online private data transactions and give consumers access to this, says Cook in the article . According to him, this is necessary because private data trading is now out of the reach of consumers, governments and regulators. A sales office can solve that, Cook thinks.

The Apple leader also argues for American privacy legislation. Europe has the AVG and the E-Privacy regulation, but the United States does not have such legislation.

Both things are necessary to make technology a good thing, says Cook. “Technology has the potential to change the world for the better, but it never works without the full confidence of the people who use it.”

Apple is more often in favor of privacy protection in recent years. In this way it collects anonymized data for the artificial intelligence of its digital assistant Siri and sometimes refuses public requests to open the software of iPhones in favor of detection.


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