Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home Themes AI

Privacy Laws Are Failing Us in the AI Age — Here’s What Would Actually Work

by Team Lumida
June 24, 2026
in AI
Reading Time: 3 mins read
A A
0
China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

"Artificial Intelligence 2017 San Francisco" by O'Reilly Conferences is licensed under CC BY-NC 2.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp
  • Today’s privacy laws are failing because they demand individuals manage their own data in a digital ecosystem too complex to navigate — AI can infer health status, religion, and political views from seemingly innocuous purchase data, without the user’s knowledge or consent.
  • The author argues the effective model is product safety regulation: food and auto makers were forced to innovate for safety through liability and pre-market review, and the same framework applied to AI and data could work.
  • Meaningful reform would include data minimization requirements, liability for negligent algorithmic design, mandatory pre-launch privacy and safety testing, and restrictions on dark patterns that trick users into sharing data.
  • Progress is happening: the “right to delete” — once considered un-American — is now standard in every state consumer-privacy law, and ~40% of states have passed broad consumer privacy statutes.

What Happened?

Writing in the WSJ’s USA250 series, George Washington University law professor Daniel Solove — author of “On Privacy and Technology” — argues that the decade-long effort to protect consumer privacy through notice-and-consent frameworks has failed and that the rise of AI makes the failure definitive. The core problem: AI can now reconstruct intimate personal attributes — health, religion, political views — from data that users reasonably believe to be innocuous, such as soap or soft drink purchases. Meanwhile, privacy laws across roughly 40% of US states ask individuals to manage opt-outs and consent forms across thousands of companies, a task that is practically impossible. The result is a system that creates the appearance of privacy protection while delivering almost none of it.

Why It Matters?

The analogy to food and auto safety is instructive and underappreciated. Before regulation, rancid milk was sweetened with formaldehyde; cars were death traps. The law didn’t solve those problems by asking consumers to test their own milk or inspect their car’s brakes — it imposed liability on manufacturers and required pre-market safety review. That forced innovation toward safety. Solove argues the same logic applies to AI and data: if companies face real liability for deploying algorithms that cause harm, they will build privacy in from the start, just as automakers invented seat belts and airbags in response to safety mandates. Without accountability — either pre-launch review or post-harm lawsuits — there is no incentive to protect users.

What’s Next?

Congress has repeatedly failed to pass comprehensive federal privacy legislation. The most promising path may be state-level momentum: the right-to-delete, once dismissed as impractical, is now universal in state laws. Solove identifies several mechanisms that would constitute genuine progress: data minimization requirements that restrict collection to stated purposes; liability for reckless algorithmic design; bans on dark patterns; and industry standards developed through multi-stakeholder processes. Age verification laws, he warns, can backfire by requiring more data collection rather than less. The core ask is a shift from “user control” to “company accountability” — a reframing that has political support on both left and right but has yet to produce federal action.

Source: The Wall Street Journal

Previous Post

SpaceX Sells $25 Billion in Bonds — and Cuts Its Annual Interest Bill in the Process

Next Post

Congress Passes Landmark Housing Bill — But Builders Say It Won’t Move the Needle

Recommended For You

AI Chips as Diplomatic Currency: UAE Gets Expanded Nvidia Access in Exchange for Carrying Out Dozens of Iran Airstrikes

by Team Lumida
22 hours ago
China’s AI Startups Challenge Global Leaders Amid U.S. Trade Curbs

The UAE gained expanded US access to advanced AI chips after aiding America in the Iran war — conducting dozens of airstrikes on Iranian targets, intercepting hundreds of...

Read more

IBM Loses $69 Billion in One Day — The SaaS-pocalypse Is Here as Enterprise AI Spending Crowds Out Software Budgets

by Team Lumida
22 hours ago
IBM logo

IBM shares fell more than 25% Tuesday — the largest single-day decline in the company's history — after management warned that enterprise customers are shifting spending from software...

Read more

Data Center Developers Are Racing to Cash Out: Majority Stakes Worth Tens of Billions Hit the Market This Summer

by Team Lumida
2 days ago
brown wooden hallway with gray metal doors

America's data center developers — who built the physical infrastructure of the AI boom — are working with bankers this summer to sell majority equity stakes worth tens...

Read more

Nvidia Partner GMI Cloud Seeks $635 Million GPU-Backed Loan — One of Asia’s First Syndicated AI Infrastructure Financings

by Team Lumida
2 days ago
Nvidia CEO Reveals Secrets Behind AI Domination Amidst Fierce Competition

GMI Cloud, a US-based Nvidia cloud partner backed by Taiwan's GMI Technology and Realtek Semiconductor, is seeking a NT$20.45 billion ($635 million) bank loan supported by GPU computing...

Read more

DeepSeek’s Liang Wenfeng Is Now Worth $36 Billion — Richer Than Dario Amodei and Greg Brockman Combined

by Team Lumida
2 days ago
A close up of a cell phone with a keyboard

DeepSeek founder Liang Wenfeng's net worth more than doubled to $36 billion after the startup's $7.4 billion June funding round valued the company at $50 billion — a...

Read more

OpenAI Fights on Two Legal Fronts: Seeks $1M+ From xAI for Baseless Suit While Apple’s Trade Secret Case Just Begins

by Team Lumida
2 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

OpenAI asked a judge to sanction xAI for filing a lawsuit that 'should never have been filed' and recoup more than $1 million in legal fees — the...

Read more

Wall Street to AI Hyperscalers: Slow Down — $75B From Nvidia, SpaceX, and Amazon Is Testing the Bond Market’s Limits

by Team Lumida
3 days ago
Nvidia CEO Reveals Secrets Behind AI Domination Amidst Fierce Competition

After happily financing AI infrastructure by any means earlier in the year, the investment-grade corporate bond market is struggling to absorb a combined $75 billion of issuance from...

Read more

The Real AI Jobs Threat Isn’t Unemployment — It’s a Coming Labor Shortage That AI May Need to Fill

by Team Lumida
3 days ago
AI Investment Boom: How Tech Giants Are Leading the Charge

New demographic research by leading demographer Steven Ruggles finds that the US economy faces an unprecedented era of labor scarcity driven by slowing workforce growth — inverting the...

Read more

OpenAI’s No. 2 Executive Fidji Simo to Step Down in Latest Leadership Shake-Up

by Team Lumida
6 days ago
OpenAI Hack: Why AI Companies Are Prime Targets for Cyberattacks

Fidji Simo, OpenAI's chief business officer and the company's second-ranking executive, will not return from medical leave and will become a part-time adviser — the latest in a...

Read more

JPMorgan’s AI Investing Agents Beat the 60/40 Portfolio in 20-Year Backtests — With Lower Volatility

by Team Lumida
6 days ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

JPMorgan researchers built eight AI-powered asset allocation agents powered by OpenAI and Anthropic models that all outperformed a traditional 60/40 portfolio on a risk-adjusted basis in two decades...

Read more
Next Post
A large white building with a fountain in front of it

Congress Passes Landmark Housing Bill — But Builders Say It Won't Move the Needle

stock market candlestick chart on dark screen

Stratospheric Chip Rally Leaves Tech Stocks Exposed as Micron and Sandisk Crater 13%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

person holding black and white microscope

The Future of Longevity: AI and Nanorobots to Radically Extend Life

June 25, 2024
close-up photo of monitor displaying graph

US Biotechs Are Going Dark to Beat Chinese Copycats — Skipping VC Pitches, Conferences, and Public Filings

July 10, 2026
Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

Trump Fires BLS Chief After Weak Jobs Report, Eyes More Fed Influence

August 2, 2025

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto data centers Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Intel Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018