Last month the New York Times’ Kashmir Hill published a major story on how GM collects driver behavior data then sells access (through LexisNexis) to insurance companies, which will then jack…
Here’s a “funny” story. Back in the day I was working (IT) for insurance companies. I’ve pitched an idea to one of the larges companies about a device connected to an OBD port to track a driver’s habits and adjust premiums based on that. I was turned down, but I heard from an unofficial source that the company was already testing such a device. That was 15 years ago.
It’s rude to judge a person on the basis of a vague description of an idea. My idea was to collect the driver’s data (harsh breaking, rapid acceleration, previous history, etc.) and set the premiums accordingly. Someone who drove carefully would pay less and someone who drove recklessly would pay more. Keep in mind, this was back when Google was still a “don’t be evil” company and it was before the days of surveillance capitalism.
Keep in mind, this was back when Google was still a “don’t be evil” company and it was before the days of surveillance capitalism.
So you were an innovator in surveillance capitalism. I think that might be why the person you replied to said you have questionable ethics. I share this opinion.
Here’s a “funny” story. Back in the day I was working (IT) for insurance companies. I’ve pitched an idea to one of the larges companies about a device connected to an OBD port to track a driver’s habits and adjust premiums based on that. I was turned down, but I heard from an unofficial source that the company was already testing such a device. That was 15 years ago.
Privacy regulations? They don’t know how to handle all the data? They realized they’d have to triple rates based on the actual data they were receiving?
Here’s a “funny” story. Back in the day I was working (IT) for insurance companies. I’ve pitched an idea to one of the larges companies about a device connected to an OBD port to track a driver’s habits and adjust premiums based on that. I was turned down, but I heard from an unofficial source that the company was already testing such a device. That was 15 years ago.
All your anecdote tells me is that you have questionable ethics.
It’s rude to judge a person on the basis of a vague description of an idea. My idea was to collect the driver’s data (harsh breaking, rapid acceleration, previous history, etc.) and set the premiums accordingly. Someone who drove carefully would pay less and someone who drove recklessly would pay more. Keep in mind, this was back when Google was still a “don’t be evil” company and it was before the days of surveillance capitalism.
So you were an innovator in surveillance capitalism. I think that might be why the person you replied to said you have questionable ethics. I share this opinion.
Imagine sharing this anecdote with no shame.
So you were the “horse armor DLC” of car insurance companies. Congratulations
I hope you step in water while wearing socks.
Privacy regulations? They don’t know how to handle all the data? They realized they’d have to triple rates based on the actual data they were receiving?