Predicting people's behavior is big business-and increasingly illegal because of privacy and anti-money laundering laws.

Question

Quizplus · Accepted Answer

Predicting people's behavior is indeed big business, utilized in marketing, finance, and various other sectors. However, it is not inherently illegal. The legality depends on how the data is collected, used, and protected, with regulations like GDPR in Europe focusing on privacy and consent. Anti-money laundering laws are more about preventing financial crimes and have specific requirements for institutions, not directly about predicting behavior unless it's for preventing fraud or money laundering.

Predicting People's Behavior Is Big Business-And Increasingly Illegal Because of Privacy