> The threshold is set to provide an extremely high level of accuracy and ensures less than a one in one trillion chance per year of incorrectly flagging a given account.
🤣 one in a trillion. Oh, you make me laugh, Apple
In fact, they CAN'T let you vet what they're scanning your phone for - that would involve sending you illegal material
Okay, please show me: 1) anything preventing this from being used for other purposes 2) how you would know that Apple had decided to use it for other purposes 3) how you would push back on Apple if they did
I'll wait
Here's what they want you to say: "well, they tried really hard, and this is probably as good as it can get. I guess it's fine."
And my reply is:
I've (mostly) been a fan of @Apple's stance on privacy and security in the last 5 years. I hope they listen to the feedback from their users: despite the best intentions, this is not a good idea
This is not a massive potential privacy problem counterbalanced by a massive social good
This is a massive potential privacy problem that will deliver, at best, mediocre results on the problem it hopes to solve, IMO
Apple has done major damage in one day to the privacy-conscious image it spent years of effort (and money) cultivating for a single ill-conceived feature that *almost certainly will not move the needle on the problem it hopes to solve*
I honestly can't believe Apple decided to outsource an important privacy guarantee about their devices to a third party. They put their fiercely-guarded reputation in the hands of... whom, exactly?
$1,000 says NCMEC does not operate its own HSMs, bug bounty, etc
The story many are familiar with goes like this: because BlackRock and Vanguard are so dominant in the asset "management" space, they can charge low fees but make it up on volume
This is true, and leads to further consolidation as investors focus more and more on fees
Jack Bogle himself called this out in a WSJ op-ed as an area for concern with passive funds - size would lead to lower fees, fewer players could compete, leading to a feedback loop of more concentration and dominance as big players grew bigger
If you've followed @profplum99 for a while, here's an overall summary of the episode
If you're not familiar with his work, you can skip this - I don't think you'll quite get the rich flavor of Mike's ideas (though it's a great, short summary for those who know his general pitch)