Should social media data collection be regulated?
 

And if so, how?

it will be from May in europe, no one is exempt, and there will be heavy fines for non compliance

As a rule of thumb, we should have less regulation everywhere. I'm not sure what "social media data collection" means, it sounds pretty broad.

It's meant to be a broad question because I think that regulating data storage, much less how data is collected and private data handled... that's a fairly new concept. (and it has 1st amendment implications in the US... quite severe ones actually

It sounds a bit creepy in it's broad description imo.

Yes, when the data collection isn't consented to like most of the information Cambridge Analytics collected. That practice should be outlawed and regulated. It's fine and dandy if you consent to it but by using your consent to gather private information from other unconsenting people who happen to be on your friendlist should be considered criminal.

It surely won't be hard for them to get around though; ticking "yes" to T&Cs (without reading them) is pretty standard practice in this day and age. Surely all they have to do is slip in a line that says you consent to data collection :shrug:. 99.9% of people will still click "accept".

The problem is that these collection agencies use the consent of one person to gather information on all their friends too which isn't consented to. That's what should be illegal.