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| Jim Goodnight |
25/4/2018
PUNE (DENVER):
Data
analytics major SAS Institute chief Jim Goodnight has blamed "very very
loose rules and regulations" at Facebook for the breach of personal data
of millions of users.
Amid a global furore over breach of personal data of tens of
millions of Facebook users, including in India, Goodnight said although all
technology companies have obligation to protect personal information they have
collected on their consumers, most of them are careless about it.
A pioneer in data analytics, the North Carolina-based SAS
Institute has annual revenue of over USD 3.2 billion. "I think Facebook
just had very, very loose rules and regulations about what they would permit
and what they don't, because that is how they are making money. "... in
short, technology companies have been very loose with the data they have
collected on individuals," Goodnight, who is the company's co-founder and
chief executive, told reporters in an interview here.
He was speaking on the sidelines of the SAS Global Forum here,
which was held from April 8-11. At SAS, he said they always make sure that all
any personalised data is completely encrypted so that none can break in. However,
he said he is against any government interference or regulations. "I would
hate to see the European Union's general data privacy protection-type
regulations imposed in the US because I don't like any kind of regulations. I
hope it does not get us to wrestle like in Europe," the septuagenarian
said.
About India's biometric identification system Aadhaar,
Goodnight said the country would have to ensure that individual's data is not
breached and cited the example of the US where there is a lot of regulation to
protect data related to social security numbers. Regarding SAS India business,
he said the Indian arm continues to grow. "We have done very well in India
so far. Banks are getting bigger, companies are getting bigger and it is still
a growing market for us".
He also said the company would continue to increase its
R&D staff at Pune. SAS has offices in New Delhi, Pune, Mumbai and
Bengaluru. Defending artificial intelligence, amidst concerns that the
technology might impact jobs, Goodnight said, "I think people skilled at
or familiar with AI will be preferred over others. So hiring will continue to
happen but of those with better tech capabilities" Goodnight also predicted
that when it comes to mobility, the future would be in self-driving cars.
"We will see more development in the area of self-driving
cars. Within 10 years every car will be self-driven. I hope there will be
official requirement that there has to be some specific number of self-driving
cars. "After all we all would be safer than we are now. With distracted
humans driving, I think, I would rather prefer a computer that is not distracted
while driving. There are still some glitches to work out but they are making a
lot of progress," the SAS chief concluded.
At the forum, the company had announced creation of a new
division to fight frauds and cybercrimes globally, using artificial
intelligence and advanced analytics.
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