What that could lead to is a build-up of social network information brokering services, like how PCI compliance forced people to stop storing CC numbers on their own.
I'm okay with that. I worked on so many small e-commerce sites early in my career that just had a "CC" column in their user database, and it was all so sloppy and horrible. None of these would have been a big enough target for serious hacking, but also the security was never so good that an amateur couldn't walk off with 1,000 cards.
Now, payments are all handled by people who treat that data much more seriously. I certainly trust Stripe or Shopify over random web dev X.
If personal data starts being treated with that kind of care -- and the interoperability and exporting is also important -- I think that's only a good thing, even if it means that Google and facebook get a head start on that.
I'm okay with that. I worked on so many small e-commerce sites early in my career that just had a "CC" column in their user database, and it was all so sloppy and horrible. None of these would have been a big enough target for serious hacking, but also the security was never so good that an amateur couldn't walk off with 1,000 cards.
Now, payments are all handled by people who treat that data much more seriously. I certainly trust Stripe or Shopify over random web dev X.
If personal data starts being treated with that kind of care -- and the interoperability and exporting is also important -- I think that's only a good thing, even if it means that Google and facebook get a head start on that.