Nobel economist Paul Romer says the path to tech privacy may be taxes
May 10, 2019
This week, Google showed off lots of new privacy-oriented tools and products and user agreements at its big developer conference, Google I/O. Apple is marketing privacy, Facebook is promising privacy, eventually. Federal regulators are still trying to figure out privacy laws and regulations. But Nobel Prize-winning economist Paul Romer says company promises and even regulations won't change anything because the ad-supported business model is what's broken. He argued in The New York Times this week that the United States should tax revenue from targeted advertising. We called Romer to talk more about this idea. Today's show is sponsored by Evident, the University of San Francisco and Indeed.