Commodities Class 2.0: Web Privacy

Today's topic is going to be a bit too esoteric for some. On the other hand, for you guys scratching the entrepreneurial itch...it may be a great idea to wrap your heads around.

By this point it has become kind of ridiculous to talk about the increasing influence of computers on the way we do business and live. Whether it is Bloomberg or Excel, Facebook or LinkedIn...whether you beliveve in singularity or not...there's no two ways about it:

Computers and computing are slowly becoming commodities.

This is why even a journalism dinosaur like The Journal is still worth a read.

Computer Security: The Oil of Our Millennium



I don't know anything about technology. In fact, just formatting this simple little blog that I write was a migraine for me when I started. If you had a chance to peek into Patrick's inbox my first week, you would have found dozens of "how do I" and "where is the" emails about topics the average techie finds as complex as inhalation.

Even for such a proud technophobe, I have begun to recognize the seismic shifts in business resulting from technological advancements. No single category seems more poised for an explosion than that of computer security.

If you look around the web, there are tens if not hundreds of degrees offered in computer specialties that plainly did not exist as recently as a decade ago.

In (not just) my opinion, this particular field will explode over the coming decades.

I wish I knew more about technology and could guide you guys (and myself) towards exploiting computer security tactics for profit.

Since I can't. Here are some facts to consider:

1) Computer monitoring has become so prevalent online that privacy is going to be at a greater premium than ever. It may sound ridiculous but someone will get filthy rich by figuring out a way to hide visits to naughty websites.

In fact, I guarantee the SEC will pay them millions for it.

2) Intellectual property is highly vulnerable online. Ideas and business methods are heisted so often in the internet age that its almost more profitable to steal than to create. Anyone with the ability to track, corral and code original information and ideas will be more valuable to legal firms, insurance companies and (possibly) the governments of the world than a multitude of old businesses.

3) Commodities. Yes. Those things defined as:

Goods for which there is demand, but which are supplied without qualitative differentiation across a market. A commodity has full or partial fungibility; that is, the market treats it as equivalent or nearly so no matter who produces it.

Consider it for a moment. At some point in the future, the presence of computers really will be like the presence of oil, of copper, of zinc, of corn. We are still living in the early stages of the technocratic revolution. We still don't look at computers and the services they provide as commodities. Someday, this may change.

If you guys are capable of seeing past our current viewpoints and ideas about doing business, this is a niche you should strongly consider.

Just some thoughts for the Mondays...

At ease monkeys.

7 Comments
 

King Midas. What about private browsing to hide those naughty websites? Or are you talking about someone not seeing it at all...?

Here's Google's little speech for using it:

You've gone incognito. Pages you view in this window won't appear in your browser history or search history, and they won't leave other traces, like cookies, on your computer after you close the incognito window. Any files you download or bookmarks you create will be preserved, however.

Going incognito doesn't affect the behavior of other people, servers, or software. Be wary of: Websites that collect or share information about you Internet service providers or employers that track the pages you visit Malicious software that tracks your keystrokes in exchange for free smileys Surveillance by secret agents People standing behind you

-Google Team

It's what you put into it
 
Best Response
rbkchoiKing Midas. What about private browsing to hide those naughty websites? Or are you talking about someone not seeing it at all...?

Here's Google's little speech for using it:

You've gone incognito. Pages you view in this window won't appear in your browser history or search history, and they won't leave other traces, like cookies, on your computer after you close the incognito window. Any files you download or bookmarks you create will be preserved, however.

Going incognito doesn't affect the behavior of other people, servers, or software. Be wary of: Websites that collect or share information about you Internet service providers or employers that track the pages you visit Malicious software that tracks your keystrokes in exchange for free smileys Surveillance by secret agents People standing behind you

-Google Team

Eh while that may be what everyone thinks when they read that statement, his comment about the SEC would not have been avoided if employees used it. If anything the solution which would have fixed that was having all users route their traffic through their home VPNs or something to bypass corporate servers/proxies. So all they would see is traffic to your external box and not the ultimate destination.

 

Is there really any way of knowing that you won't be tracked online? Regardless of the services provided by incognito they will still be tracking you, no?

 

Well if someone is tracking you then there's only finding out how they are doing it and get rid of the bugs. But I think companies are going away from keystrokes and just being able to monitor directly, like they see your screen as you would see it. Basically one of those screen sharer programs like teamviewer.

Basically, if you are on a company computer, only look at sites and videos that you would be comfortable if your boss was sitting on your shoulders and watching too.

P.S. I am no good with the words.

It's what you put into it
 

Intellectual property is def not safe online. Especially for them. You can thank the folks at The Pirate Bay.

looking for that pick-me-up to power through an all-nighter?
 

Consequuntur et recusandae ut laboriosam consequatur. Sapiente ut rerum excepturi suscipit. Illo cupiditate animi suscipit ullam.

Cumque aut voluptatem et quia eum. Ullam voluptatem repudiandae et.

Occaecati ipsa aspernatur non dolores qui quia consequatur. Atque tempore iure minima quis. Qui sed amet minus vel nisi architecto velit.

Illum illo velit accusamus sit et voluptas. Aut enim quo consequatur autem numquam debitis. Ut porro iusto magni deleniti consequatur fuga doloribus. Illo voluptas minus eveniet optio et temporibus. Est necessitatibus dolorem nam voluptatem et ad. Iusto nobis quas eius libero deserunt cupiditate. Vel non error molestias et adipisci hic.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (65) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”