Data mining as a business model is fine, as long as the customer is making an informed decision, there are equally good alternatives out there which you can pay for in other means, and you're not drawn to a particular service because of network effects or platform lock-in.
However, customers aren't well informed, and if they were, they wouldn't use these services. Currently customers are getting scammed for their data. This is why we need regulation.
However, customers aren't well informed, and if they were, they wouldn't use these services. Currently customers are getting scammed for their data. This is why we need regulation.