Neil
๐ค SpeakerAppearances Over Time
Podcast Appearances
There's a 2021 city law that requires businesses that collect biometric data to post signs announcing the practice.
And people started seeing these signs at Wegmans, and the paper Gothamist started calling them up and started asking Wegmans what was going on here.
And they did botch the response.
They issued two different statements, one on Monday and then
A couple of the and then another one a couple of days later trying to explain themselves.
But privacy advocates are very much against this.
They say if there is a hacker, a breach of biometric data, that is a much bigger issue than something like a credit card or another thing that might be hacked because you can swap out your credit card.
You can get a new password or something like that, but you can't change your face.
And when your face is out there, that's the only one you got.
It reminds me of our conversations around dynamic pricing and surge pricing, where you kind of have accepted it in terms of airline tickets or Ubers and Lyft.
But when it comes to something like a fast food chain, changing the, uh,
changing the prices every single second or minute then well as wendy's tried to do and then there was huge backlash to that the public does does seem to be outraged by these particular technologies that are accepted in one industry getting ported over into the other this is also not the first time that we're talking about facial recognition in new york city as well back in 2023 remember this madison square garden ceo james dolan
uses facial recognition to identify attorneys for law firms that have active litigation against him.
And he actually booted two from sports games at Madison Square Garden using facial recognition.
So if you're walking around New York City, just know that this law exists and look at the storefront to see whether they are facially recognitioning you as you walk in.
Protect your face.
All right, let's bring to the finish with some final headlines.
President Trump's plan to have American companies cash in on Venezuela's energy is running into an oil patch.
ExxonMobil is not in the president's good graces after its CEO, Darren Woods, called Venezuela, quote, uninvestable.
Speaking at a meeting on Friday with other oil executives at the White House.