https://stream.echo6.co/videos/watch/39d402e5-9e52-49fe-a798-5b909169f18a Your car is collecting so much of your private data it's rivaling social media companies. Join my channel and become a member to enjoy perks https://www.youtube.com/channel/UCjr2bPAyPV7t35MvcgT3W8Q/join Support me through Patreon: https://www.patreon.com/thehatedone or donate anonymously:, Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp Bitcoin: 1FuKzwa5LWR2xn49HqEPzS4PhTMxiRq689 Ethereum: 0x6aD936198f8758279C2C153f84C379a35865FE0F Car companies are adopting the Silicon Valley business model to gradually transform drivers into users. Cars today are being enriched with more and more smartphone-like features as drivers lose more and more control over their vehicles. If you bought a car anywhere in the last decade, you didn’t just pay with your money. You signed up to hand over troves of data from your personal life as well. Automakers today are data companies. A modern car can generate about 4 TB of data a day. That’s roughly 25 GB every hour. Automakers realize the value of this data and are beginning investing heavily to compete with software companies for ad-driven user attention. Soon, the biggest competitors of GM or BMW won’t be just other car companies, but Facebook and TikTok. The trend is irreversible. Selling data is a high-margin business, with 80- to 90-percent profit. Compared with the average profit margins of selling cars that rarely exceed double digits, understanding the drive for data is easy. It’s the new currency. Sources Car company profit margins: https://www.statista.com/statistics/1186661/car-company-profit-margin/ Toyota Cloud city: https://www.autonews.com/article/20170710/OEM06/170719963/toyota-s-cloud-city BMW & Daimler partnership: https://www.seattletimes.com/business/bmw-daimler-launch-car-and-ride-sharing-joint-venture/ Car data companies: https://techcrunch.com/2019/05/23/automakers-faced-with-a-choice-become-data-companies-or-become-irrelevant/ Data profit margins: https://arstechnica.com/cars/2018/02/no-one-has-a-clue-whats-happening-with-their-connected-cars-data/ Car data collection: https://arstechnica.com/tech-policy/2021/03/one-company-wants-to-sell-the-feds-location-data-from-every-car-on-earth/ https://www.vice.com/en/article/k7adn9/car-location-data-telematics-us-military-ulysses-group, https://www.washingtonpost.com/technology/2019/12/17/what-does-your-car-know-about-you-we-hacked-chevy-find-out/, https://www.nytimes.com/2017/07/27/automobiles/wheels/car-data-tracking.html, https://www.consumerreports.org/automotive-technology/the-cameras-in-your-car-may-be-harvesting-data-as-you-drive-a3473812015/, predicted value: https://www.mckinsey.com/~/media/mckinsey/industries/automotive%20and%20assembly/our%20insights/monetizing%20car%20data/monetizing-car-data.ashx Who owns your car data: https://www.consumerreports.org/automotive-technology/who-owns-the-data-your-car-collects/ Autonomous vehicle surveillance: https://spectrum.ieee.org/cars-that-think/transportation/self-driving/surveillance-and-the-selfdriving-car https://www.ftc.gov/system/files/documents/public_comments/2017/11/00046-141905.pdf Telematics: https://www.verizonconnect.com/resources/article/what-is-telematics/, Insurance and your car data: https://www.consumerreports.org/cro/car-insurance/credit-scores-affect-auto-insurance-rates/index.htm https://www.chicagotribune.com/autos/sc-auto-tips-0102-driving-data-collection-20181225-story.html, https://www.nytimes.com/2017/07/27/automobiles/wheels/car-data-tracking.html, Tesla data collection: https://www.cio.com/article/3433931/tesla-the-data-company.html https://www.axios.com/what-tesla-knows-about-you-1f21d287-a204-4a6e-8b4a-0786b0afac45.html GM radio listening experiment: https://eu.freep.com/story/money/cars/general-motors/2018/10/01/gm-radio-listening-habits-advertising/1424294002/ Bluetooth and cars: https://eu.usatoday.com/story/money/cars/2018/01/30/car-renters-beware-bluetooth-use-can-reveal-your-private-data/1080225001/ Mobility as a Service: https://techcrunch.com/2021/03/18/maas-transit-the-business-of-mobility-as-a-service/ Police using private camera feeds: https://www.washingtonpost.com/technology/2019/08/28/doorbell-camera-firm-ring-has-partnered-with-police-forces-extending-surveillance-reach/ Smart Driver Score: https://www.washingtonpost.com/technology/2019/12/17/what-does-your-car-know-about-you-we-hacked-chevy-find-out/ Negative use cases: https://www.rollcall.com/2019/04/09/your-car-is-watching-you-who-owns-the-data/, Credits Music by: CO.AG Music https://www.youtube.com/channel/UCcavSftXHgxLBWwLDm_bNvA Follow me: https://twitter.com/The_HatedOne_ https://www.bitchute.com/TheHatedOne/ https://www.reddit.com/r/thehatedone/ https://www.minds.com/The_HatedOne The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976. 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