Not having a national US privacy law projected to cost business $1T over 10 years

A sobering new report by the Information Technology and Innovation Foundation (ITIF) projects long-term cost to businesses upwards of $1 trillion, if the US doesn’t pass a national privacy law. This would, in large part, be due to the need to manage a host of duplicative and nuanced state laws. The ITIF also estimated cost to small business would be tens of billions.

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IT’S THE LAW (02/01/2022)

February 1, 2022

The EU Parliament voted to strengthen the Digital Services Act (DSA) which bans online ads that contain sensitive political, sexual, illegal or misleading content. This along with their Digital Marketing Act (DMA), which sets criteria for identifying and regulating Big Tech “gatekeepers,” is part of an overall effort to reign in abuse.  The law must still be approved by the Council of the EU, which may be more business-friendly.

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Independent Grocer Is First to Deploy Amazon Just Walk Out Technology

December 7, 2022

Here’s a retail story that doesn’t involve a media network – but don’t worry, it does feature Amazon, AI, and Kansas City.  Independent retailer Community Groceries will be the first non-Amazon company to deploy the Amazon One entry gate and Amazon’s Just Walk Out checkout technology.  Amazon One grants entry after reading your palm or credit card, while Just Walk Out tracks what customers put in their cart and charges for it.  O brave new world.

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