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@ricklentz
Created December 10, 2017 19:58
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I don't think that alternative data or its use violates any SEC regulations. E.g., People fly planes with infrared cameras over oil storage tanks to measure and predict output and consumption levels, etc. It is both legal and allowed. People also legally build faster networks to transfer data between exchanges for extra profit.
I guess in some ways it is like a country showing up to battle with an army of 'I, Robots' while the other side shows up with M-16s, tanks, etc. There is no Geneva Convention rule for it. People are just finding ways to achieve information dominance over their competitive market. I posted the issue to the class because I saw a gap and thought the purpose of computer ethics was to form frameworks for challenging problems that allow society to move forward.
Re: FTC, I've read the fine print for my Visa credit card. Selling my anonymized transaction data is 100% allowed.
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