who don't want to be spied on 24/7 will pay more. at some point, you won't be able to get insurance without submitting to being spied on.
yes, eventually it will be big brother watching you forever. because the same principles can be applied to grocery purchases & health insurance (now mandatory) & multiple other venues.
The information will be available to police and other agencies as well, just as your computer activity is, just as security camera information is. Marketeers, lots of profit opportunities too.
As another commenter said:
The present case is disturbing precisely because it is so ungrounded in need. The social purpose of insurance is to spread risk throughout the population. Segmenting the target population is a means of reconcentrating that risk. But when this risk is individualized and monitored, the social purpose is lost because risk is not spread. And this is done at great cost to personal privacy. Worse, for a fictive assessment of risk. Driving is a complex activity. No matter how much data is collected there is a level of randomness and imponderable effects, noise as it were, that negates further precision.
The result is a system that does not fulfill its stated purpose (risk assessment), is completely at odds with its social purpose (spreading risk), and produces mountains of personal data about you which can be exploited and abused by both the private sector and government.
Read more at http://www.nakedcapitalism.com/2012/11/the-expanding-surveillance-society-getting-you-to-buy-into-being-monitored.html#pVQ9PYZ1PTfrAzHF.99
But, as the bottom 90% of the population is being systematically impoverished, no doubt many will stand in line to be monitored to save some money, in the same way that many stand in line for walmart's low, low prices.
We are building our own prison, imo.
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