Selling Your Attention to Spammers
Dotnaught writes "Can the free market stop spam where technology has failed? As described in InformationWeek, Professor Marshall Van Alstyne of Boston University School of Management has co-authored a soon-to-be-published paper that proposes an "attention bond" -- money put up by email senders that recipients collect only if they consider the message a waste of time. Supposedly, this market-based filter performs better than a perfect technology-based solution, with no false positives or negatives. A company called Vanquish already has a working model. Is selling one's attention the answer to spam?"
I bill triple digits per hour (but still less than a phone sex operator at $4.99/min). Doctors and lawyers charge even more. Unsolicted messages are an uncompensable waste of time and a theft of network resources.
Bill Clinton: Pimp we can believe in. - The Shirt!!!
The US Federal Trade Commission says that over 80% of spam involves some violation of Federal law. Not just the CAN-SPAM act, but mail fraud, false advertising, money laundering, computer crime, drug counterfeiting, and racketeering. There should be no problem filing charges.
If we had an FBI director who made this a priority, most spam could be eliminated in a year. Just divert some of the FBI Baltimore people who do child pornography, who are already experienced at tracking people on the Internet, off that job and onto tracking down the major spam operators.
In a sense, CAN-SPAM has been effective. Spamming by even vaguely legitimate companies is down. Almost all spamming now involves felony criminal activity of one kind or another.