Re: [EXT] Re: Seeking some info

Wow, Drummond, this is really interesting. I'll dig into this, thanks!



On 2/12/23 1:21 PM, Drummond Reed wrote:
>
> David, great points, I agree completely. In the offline world, one 
> legal recourse that has (sometimes) helped individual consumers “level 
> the playing field” with large companies (and their vastly superior 
> legal resources) is class action lawsuits 
> <https://en.wikipedia.org/wiki/Class_action>.
>
> What is coming with the emergence of decentralized identity wallets 
> and agents is a different kind of reverse leverage: large-scale 
> *consumer-driven governance frameworks* (aka trust frameworks). Rather 
> than wait until harm has happened, these governance frameworks can 
> specify the terms that a large group of consumers have collectively 
> decided are fair, and then market forces can help convince large 
> companies to agree to operate under those terms.
>
> This is work Doc and Joyce Searls have been leading at Customer 
> Commons <https://customercommons.org/> for years. With decentralized 
> identity, we may finally be in striking distance of realizing their 
> vision.
>
> =Drummond
>
> *From: *David Booth <david@dbooth.org>
> *Date: *Sunday, February 12, 2023 at 1:01 PM
> *To: *public-credentials@w3.org <public-credentials@w3.org>
> *Subject: *[EXT] Re: Seeking some info
>
> On 2/12/23 14:10, Bob Wyman wrote:
> > . . .
> > Current law, in many jurisdictions, now protects individuals from
> > government abridgement of rights. But those same laws usually don't
> > protect us from abridgements which result from contractual
> > relationships between individuals and corporations.
>
> Agreed, and people are so conditioned to mindlessly accept ridiculously
> long click-through agreements, that companies could easily have people
> signing away their entire digital identities without knowing it.
>
> Case in point: Last I looked, indeed.com's click-through agreement was a
> whopping 100 pages!!!  At an average of $300/hour for an attorney, it
> would cost a consumer thousands of dollars just to have it reviewed.
>
> Big companies and consumers do NOT have equal bargaining power in
> negotiating these click-through agreements.  The "free market" doesn't
> work when the parties do not have equal bargaining power. That's why we
> have anti-trust laws to regulate monopolies, and why we need similar
> laws regarding click-through agreements.
>
> David Booth
>

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Received on Monday, 13 February 2023 01:23:45 UTC