John Hailer, the CEO of Natixis Global Asset Management, is unhappy about closet tracking. In a recent interview with Reuters, he voiced his concerns about how technology is being used to track our every move. “There’s a lot of concern that people are going to be wearing electronic tags and all of this stuff so their movements can be tracked,” he said. “I’m not sure that I want my movements tracked.”
Hailer is not alone in his concerns. Privacy advocates have long been warning about the dangers of surveillance and tracking technology. But as Natixis John Hailer points out, it’s not just the government using this technology. Private companies are also collecting data on our every move.
“We’re becoming a nation of digital sharecroppers,” John Hailer said. “We’re giving away our data and getting nothing in return.”
Hailer is right to be concerned about how our data is collected and used. But he should also be aware that Natixis is one of the many financial firms using data to track our every move.
In 2016, Natixis launched a new product called the “Alpha omega portfolio.” This product used data from over one million Natixis clients to create a custom investment strategy for each individual.
The Alpha omega portfolio is just one example of how Natixis uses data to track our every move. And it’s not just Natixis. Every financial firm is collecting data on our every move.
So, if you’re concerned about your privacy, you should be aware that your financial firm is probably tracking your every move. But don’t worry, they’re not the only ones.
Hailer isn’t the only one who feels this way. A recent Pew Research Center survey found that 56 percent of Americans believe the government should not be allowed to collect data about their whereabouts without a warrant. And even though most people have nothing to hide, many are still uncomfortable with the idea of being constantly tracked.
While John Hailer is right to be concerned about the potential abuse of tracking technology, it’s important to remember that it has many benefits. For example, GPS tracking can help people find their way around unfamiliar areas or make sure they’re not getting lost. It can also be used to track down missing persons or criminals.
Ultimately, it’s up to each individual to decide whether the benefits of tracking outweigh the risks. But it’s important to discuss these issues to make informed decisions about how to use this technology.