i love how the year after it was revealed they were sharing DNA data, sales fell by 46% and they were surprised by that
@sidewalkid2 ай бұрын
I love even more that people were gullible enough to voluntarily give it up
@odesangel2 ай бұрын
DNA is about as personal as personal data can be. Considering the sheer amount of data they've collected, it is much more valuable than whatever 23AndMe's products and services provided their customers. Insurance companies, biotech companies, researchers, governments, and and even potential bad actors will be trying to get their hands on this data.
@bobshagitАй бұрын
everyone knew this... most still went through with it
@daynasafranek7807Ай бұрын
@@sidewalkid There was the company who was going to tell what our allergies were, from spit. I looked at the backers, and wasaaay down the line were two dna databanks. No company name… they never mentioned that in the commercials. I’m sure people wanted to know if they were gluten intolerant or had an allergy to milk from their spit. This was at the time of Thanos. Did they know their DNA was being stored?
@OceanLife772Ай бұрын
@@daynasafranek7807I did it to know if I had the breast cancer gene (and other risks). I recall them asking If I wanted my date “stored” and I check No. I also didn’t use my real name (not that it matters).
@Michael-pi8ps2 ай бұрын
What’s wrong is that this never needed to be a public company. It would’ve been just fine as a medium sized company serving a niche audience but instead every company nowadays has to call themselves a “tech innovator”
@MRLONG7582 ай бұрын
Makes more sense as a small division of a much larger company
@Michael-pi8ps2 ай бұрын
@jimbojimbo6873 one of the founders of “23 & Me” is Anne Wojcicki. Anne’s husband at the time was Sergey Brin. Sergey Brin is the cofounder of Google and Alphabet, he is currently the 7th richest person in the world. Anne’s Wojicki sister is Susan Wojicki, is the CEO of KZbin. Less than a year after starting “23 & Me” they received $4 million dollars in investment from Google. Money was not an issue for them.
@8qk67acq52 ай бұрын
@jimbojimbo6873 If you have a company that makes money, that wouldn't be a problem.
@matt.stevick2 ай бұрын
spot on, this could be a thriving private company.
@Jeez0012 ай бұрын
Because they had to go public they were losing $$ like crazy and used stock based comps and ipo $$ to stay afloat..
@LCCB2 ай бұрын
First impressions, they violated consumer privacy by making this data available to other parties.
@KoIhara2 ай бұрын
My fear of this company has been that their customers’ genetic info would be sold or leaked to insurance companies. And that those at higher risk of some medical conditions would be denied medical insurance coverage. All online services seem to be vulnerable to cyber attacks nowadays, but the stakes are really high here.
@mssha19802 ай бұрын
That’s what made me not do it
@michael-michaelmotorcycle2 ай бұрын
Exactly. Was never gonna catch me researching my family’s history by purposely entering my own DNA into a database. Nobody needs to know what grandpa did when he was teenager in the Italian Bronx in the 40’s. Or what anyone else did after a drunken-stooper on ladies night downtown in the 70’s. Some things are best left swept under the rug.
@rst96492 ай бұрын
Customers are paying to provide their DNA data, which is then sold to pharmaceutical companies. This is clearly a breach of privacy. Additionally, the drug companies profit from this data at the expense of the customers, while we receive no benefits in return.
@neuroticnation1442 ай бұрын
You agree to third parties using your info in research when you sign up.
@misterfanzАй бұрын
I was adopted as an infant, 3 days old. By giving my DNA sample to 23andme, my sole intention was to learn more about any possible under laying medical conditions I should be aware of. 23andme sold me on their product because they touted the medical aspects of the product I bought. I never intended for 3rd party companies (i.e., insurance companies) to be able to make decisions about any coverages based on my private DNA information.
@Fayw2023Ай бұрын
Insurance companies saw ur info?
@kp-gbuniqueinterestАй бұрын
We need to create a better healthcare system and eliminate these insurance companies. Your reason is why we need companies like 23nME. Even though I wasn't adopted, my parents and our grandparents hid a lot of their health problems. Every time you go to the hospital, they ask if anyone in your family had this or that. How is one to know if they are adopted or if the family kept things secretly. We should be using our advancements for the greater good than this selling of your data. Knowing one's health ahead of time could keep issues very low. I would think insurance companies would also like this because if you catching things earlier means you spend less in the long run.
@tposeinifyАй бұрын
@@Wontreplyeverdontbotherthey don’t tell you if you have a disease 🦠 they tell you your potential! And insurance should not deny people based on their potential to get a disease! My mother had breast cancer I should not be denied insurance because of that if I’m healthy at the time I sign on! Especially because a lot of daughters don’t go on to get it!
@melstarr1864Ай бұрын
@@tposeinifyThat person has to be a troll with such foolishness.
@naturalnashuanАй бұрын
My husband was tested by 23andMe because a woman contacted him because her mother said the name of her father was my husband's father's name in the same State. His father died. We didn't think it was him. My husband took the test to prove it to the woman so she could move on and look for other leads.
@junaid26062 ай бұрын
The privacy concerns are too high for me to ever trust a company with my DNA. You can change your passwords, but not your DNA. Its an innovative field, and I love it, but corporate policies don't give me any faith in how companies would handle my data.
@mriconoclast132 ай бұрын
The CEO's sister was a privacy nightmare for KZbin. Everyone needs to get out.
@tylersheppard54502 ай бұрын
Thats why I’ve never done it
@junaid26062 ай бұрын
@@MomeGnomeYes, I know that, but it'll be non-consensual, which would be grounds for suing for damages, depending on the region, of course. The doctor could also lose their medical licence for malpractice.
@vc86662 ай бұрын
@@junaid2606unfortunately most criminals are caught not because they gave samples but because a near relative did and it was much easier to narrow down the suspect. So regardless of what you do it’s likely there will be a link somewhere plus there are so many cameras around now unless you commit a crime out in bfe you’re going to be on camera at or near the crime scene.
@sjohnson65456Ай бұрын
Don't become a felon! 😂
@rst96492 ай бұрын
Let me get this straight. You pay $99 to give them your DNA data, in which they sell to drug company. Those drug companies will use those data to develop or update drugs they'll charge 10000x of the actual cost? The kit should be free if that's the case.
@k95channel2 ай бұрын
Agreed!
@a_leaf2 ай бұрын
Actually they should pay YOU if all that is true. Why should humans pay to be scammed later?
@AnonVideos2 ай бұрын
They sell it to police, who wrongly arrest your third cousin once removed because they can claim their DNA was similar
@sabrina_sp2 ай бұрын
Did you see how much it takes to develop drugs?? 4:18 If they are using people’s data to help this they should definitely be able to lower development costs and therefore the price itself of the drugs and actually pay the people giving their DNA and information for this.
@AnonVideos2 ай бұрын
Looks like YT or the channel deleted my comment. Police have taken data from these companies to wrongly accuse and imprison people. Don’t help them do this.
@mssha19802 ай бұрын
Selling medical data/privacy concerns is what made people think twice.
@kellykellycelery2 ай бұрын
That is why I still haven’t done it, but I would love to find out about my bloodline
@naturalnashuanАй бұрын
@@kellykellycelery You can do it under a false name.
@naturalnashuanАй бұрын
It wasn't that they sold it, but that they provide it to crime investigators. They found the serial killer by the DNA of his relatives. It's done with unidentified corpses too.
@SharpLife4Ай бұрын
@@kellykellycelerysend it under a fake name. It doesn’t ask for proof
@155stwАй бұрын
The business model is from sale of private data. You're signing away your privacy.
@ehqwk2 ай бұрын
3:20 Disappointing to see CNBC brush off the massive Privacy concerns in a footnote using a positive case to spin the story.
@mssha19802 ай бұрын
That’s the main reason people stop buying them
@ArmandusRem2 ай бұрын
@@mssha1980 Correct. When their policy is that they are owning the rights to my DNA, there is no way that I would touch it with a 10 foot pole.
@AshraNashal522 ай бұрын
Did you really expect anything less from a corpo?
@mamandapanda1852 ай бұрын
They're probably sponsored by the companies that got all that juicy data
@michaelweston10422 ай бұрын
Global multinationals stick together. They don't like personal freedoms or borders.
@llchapman12342 ай бұрын
Putting aside the massive privacy issues, it's a one-time test. No repeat customers. Who thinks that's a lucrative business model?
@Jen-lf5jmАй бұрын
That's why they sell your info
@shasmi93Ай бұрын
Na they have you pay extra to see certain info about your health and ancestry
@josephvisnovsky1462Ай бұрын
The results you get include suggestions you 'might' be more susceptible to die from X, Y, or Z. In other words, you paid $99 to be told "you might die of cancer or heart disease ". So you spent money to be told the top 2 causes of death could happen to you (heart disease 30-33%, cancer 18-20%). Oh and they sell your genetic information to German pharmaceutical companies. This does not sound like the 1930s at all.
@anonymouse9833Ай бұрын
Well now there’s a subscription model, just like everything else
@clarkkent1521Ай бұрын
If you're a customer you should actually do this at least twice to make sure you get the same results.
@DaveMartinCanuck2 ай бұрын
The insurance industry would love this data to deny claims.
@AshraNashal522 ай бұрын
Good thing Obamacare already covered that. Oh wait, Rs are trying to completely end it.
@IN-hw8it62 ай бұрын
Mandated insurance is a scam! 💰
@everythingiswr0ng2 ай бұрын
well they can get it for cheap. the market cap for 23 and me as-of today is $123M which for a big insurance provider is just a rounding error. so good luck to everyone who took one of their tests
@LetthemtalkhesАй бұрын
Imperfect information
@kevindrake4529Ай бұрын
It’s really simple: people realized that this company was providing police a way to get DNA info without due process and warrants. Too many people were getting their family members in trouble by submitting their own DNA into this database.
@PHlopheАй бұрын
Kev, yeah i knew this could be happenin. and it should have been obvious to everyone, it is time to reshape laws as technology is rendering those obsolete. they want to circumvent warrant to access phones and get mad when they realize someone is using a pin instead of face or fingerprint id the same way they rely on a data purchased from the likes of 23 . keeping data safe from vultures is difficult job . i have to work hard to stay safe
@tonylvezАй бұрын
This is how they caught the Golden State Killer.
@user-nz6jb4xu2v2 ай бұрын
I had my son put a thumb print on a ‘child safety’ I’d card at a child safety course in a hospital parking lot. He was 4 years old. Child safety activities while crossing a street, bike safety, stranger danger and surrounding safety. A company he was working at 20 years later, in a different state was broke into and his thumb print was identified and he was investigated, found innocent. Be careful what is out there being explained as safety and a good thing to do. I did the research with the police, very unwilling to provide information, and found out the thumb print came from the safety activity course at the hospital parking lot ‘child safety card’, explained to me it was the best thing in the world to have in case of abduction, run away, getting lost, etc…., when he was 4 years old and living in a different state. I settled up with the KC police and hospital for the hardship this caused my son in legal costs and loss of employment (employer figured if the police had his thumb print he was guilty of something and had not reported it on job application). I settled up with the place of employment not so good references. It took over 2 years to clean his employment record up and the police to wipe out the print on their system (I personally didn’t believe that really took place, but went as far as I could with that issue).
@oenrob98000Ай бұрын
Oh my word...how so very nasty of the system.
@MorthraxАй бұрын
It's all a scam to get your information in ways you would never agree to. Like paternity testing every child. All of a sudden every man and child is DNA tested. That's a double edged sword that could end badly.
@ultimatelifeform882Ай бұрын
Fake comment section stories. 😂
@RaysLaughsAndLyricsАй бұрын
Not too many folks would agree to have their organs harvested without permission. Why, then, willfully give up your DNA to be harvested by databases?
@Lttn29Ай бұрын
@@RaysLaughsAndLyricsBecause people wanted to be proactive about their health and have an early idea of whether or not they could develop potentially chronic and or debilitating illnesses that could very well be relinquished if caught early? Or they simply wanted to know about their heritage or to find members of their family if they were adopted. What kind of question is this? Obviously they provided a very useful service until the data was intentionally/accidentally leaked. Also, plenty of people opt to have their organs harvested so this comment makes absolutely no sense.
@paintedwolf442 ай бұрын
I'm glad I never sent in my DNA to that company
@inmyOWN_worldАй бұрын
Thank you! And I kept telling my daughter we should do one smh
@matthewronsson27 күн бұрын
"That company"? Which one did you send your DNA to?
@princezzpuffypants6287Ай бұрын
What is more surprising is that so many people were willing to trust a private company - ANY company - with their DNA tobegin with
@stephanieneall7176Ай бұрын
To 23 and me’s defense ,my daughter found out she had a missing variant that prevents sleep, this test cannot be ordered by doctors, and was the missing link to her diagnosis. This was the best $99. I’ve ever spent
@TSV805Ай бұрын
I have taken 23 and Me. The “health data” they provide seems to often based n surveys, not wholly on DNA. For example, they send out a survey that asks, “do you like vanilla or chocolate better?” Then a little while later I’ll get a health report that says, “you’re more likely to prefer chocolate”. Uh yeah, I told you that. You asked me that exact question. 🙄 So I’m just saying…
@matthewronsson27 күн бұрын
You paid to have your DNA sold in exchange for a Horoscope. I watched idential Triplets take it and the results came out different which is impossoble. When you paid to have your Horoscope, you no longer own your own DNA
@Dr.Pepper00123 күн бұрын
Demand your money back.
@Stormycloud212 ай бұрын
Rename it 23 & Us
@cindycreateforlifeАй бұрын
Or 3 and your money!
@eerielconstantine5051Ай бұрын
😂
@Nunya-t4b26 күн бұрын
23 and Everyone.
@eerielconstantine505126 күн бұрын
@ lmaooo
@Ginger-g8j7 күн бұрын
It became Lemonade and the only reason I know that is because my bill came and it said 23 and me I didn’t buy 23 and me they were overcharging my credit card for almost a year
@j2times20062 ай бұрын
If companies can't keep your email addresses safe what makes you think they can keep your medical data safe. You can only imagine what people can do with that info within the next 20 years
@NPx2312 ай бұрын
Yea because someone couldn’t just get your DNA from a pube left on a toilet seat. Gtfo
@SpaceCadet4JesusАй бұрын
Maybe you can spell it out because I'm not very good at imagining. 😢
@feketetv2 ай бұрын
At some poeint everyone who wanted to do a DNA test did one, you just run out of people.
@mlbrooks40662 ай бұрын
Not having the possibility of repeat customers was a problem. Probably not the only one.
@mic9check2 ай бұрын
Yeah and then children of parents who'd done the test dont need to do it because the results are already there.
@Gatasma2 ай бұрын
This right here, this i think is the main reason
@eddiew23252 ай бұрын
There’s 10 million people on this planet. They will be fine my friend
@OmniCheeksss2 ай бұрын
@@eddiew2325A lot more than 10 million bud. The problem is how many of those actually want the product.
@lifefordummiesАй бұрын
The episode of marketplace that showed a set of identical twins getting different results probably didn't help them much either lol
@lemmewatchutube2 ай бұрын
Companies like 23andMe never made sense to me. Why pay hundreds to have your data sold, misused, or used for research, and in return live the rest of your life under a cloud of anxiety about your estimated health outcome. Their public valuation of less than a dollar seems just about right.
@avi4862 ай бұрын
Adopted people benefit from these companies for sure.
@bleachfan482 ай бұрын
It’s used to help solve crime cases as well, which I view as a net positive good
@WinstonSmithGPTАй бұрын
@@bleachfan48Not to the person providing the DNA. Learn to think things through.
@SpaceCadet4JesusАй бұрын
If you live the rest of your life under a cloud of anxiety about your estimated Health outcome, that's your problem and you need to see a professional to solve it. Whether that be a medical professional, a diet professional, an exercise professional, or a mental health professional. People with anxiety issue shouldn't be doing DNA tests.
@tiacool7978Ай бұрын
@WinstonSmithGPT doesn't change what they said. And the person who gave up their DNA has nothing to worry about if they've committed no crimes. Their relatives though...
@toddportice49972 ай бұрын
They went public. Like most companies that go public, they tank. When you focus on the price of stock and not on the development of products. That happens.
@fernandoherranz40952 ай бұрын
So when I first got this done, it was cool to see how many people I was related to. Then I started realizing that after a while, the "relatives" are just very distant "cousins" with like less than 5% of DNA in common with you. After a while, who cares? I want my DNA back.
@madreep2 ай бұрын
It really all comes down to who in your family has taken the same brand test. I went with Ancestry first as they had a much larger database at the time. My results were shocking to say the least because I learned that my dad was not my biological father. I didn't get any close matches to help me determine who my biological father was, so in the years since I have tested with every company since each one has relatives on it that weren't on the other results. Those distant cousin matches are extremely useful when you don't know who you're looking for. My mom died when I was a child and my dad had also passed by the time that I tested so I couldn't ask them anything. I don't think that they knew. At least my dad didn't. My brother (well, brother that I grew up with but turns out that we're not related since we have different mothers) took a test the day I got my results and suspected that I wasn't my dad's biological daughter, when he got his results back he found two cousins that he was friends with from his time in the military which was pretty wild. They didn't know that they were related.
@evelynreynolds1447Ай бұрын
Yeah, similar, 3rd to 5th cousins…. I have briefly communicated with a couple of them but nothing further has come of it. My husband found a close relative he didn’t know about and sent them a message but there has been no reply.
@SpaceCadet4JesusАй бұрын
@Fernando it's too late now, you made your mistake. If you follow human ancestry all the way back, we're all related. That's enough for me.
@loogooАй бұрын
As someone who would love to learn more about my ancestors, I still would not trust anyone with my DNA information in this day and age of multiple bad actors looking for ways to judge the "purity" of people.
@naturalnashuanАй бұрын
There are volunteer genealogists. My mother and I do different forms of the volunteer work. Gather everything you know about your relatives and try a genealogy society that focuses on the region your from or your ethnicity. If you're of French Canadian descent, there is loads of info. They can also teach you how to work on it yourself. Some people are well-researched. If you are related to people who have already been traced, you can get all of that info. Some ethnicities and religions are easier than others.
@dmac71282 ай бұрын
To continue to grow, companies need repeat business. The problem with genetic testing is that it is a one time use product as far as the consumer is concerned. Assuming one would sell the product to everyone in the USA, you would still run in to a point where only the market is limited to those who are born or emigrate to the US. That's not a sustainable business model. But the biggest problem with this company lies with its real product, your genetic data. HIPA laws are suppose to protect people from having their medical information disclosed to specific 3rd parties without your explicit consent. There business model depends on the sharing of that data to 3rd parties for whatever purposes stated. If its stated in the End User License Agreement that you authorize your genetic data to be disclosed to 3rd parties without knowing who they are, that shouldn't be legal.
@SpaceCadet4JesusАй бұрын
Your personal identification data is not given, just anonymous DNA info is sold.
@YouAreNotThatGuy48442 ай бұрын
I dont understand how people just casually give away their genetic informations to a private company
@michael-michaelmotorcycle2 ай бұрын
Give away? Haha. Those people actually paid 23 & me to take it.
@YouAreNotThatGuy48442 ай бұрын
@@michael-michaelmotorcycle 23 and me be like "WOW, you come from your own country like everybody else! Thanks for the money, Imma sell your DNA to whoever wants to buy it, and you'll probably seriously regret your decision in 10-15 years or less when your genetic info can be used against you"
@YouAreNotThatGuy48442 ай бұрын
@@MomeGnome My doctor doesn't collect my DNA
@bos-G-state73592 ай бұрын
@@YouAreNotThatGuy4844at least you hope they don't
@soulfulgardenerАй бұрын
@@YouAreNotThatGuy4844 If you've ever had a blood test, a mucus membrane swab, urine sample, then your doctor has taken your DNA
@peregrino9154Ай бұрын
It was a DNA gathering bank. Facebook was a personal data gathering bank. People fell for it. Job done.
@MissMeeky2 ай бұрын
Question. What will happen to the data to the people who paid for this service?
@Cucumberflavoredmustard2 ай бұрын
Highest bidder, or hacked.
@Derpy19692 ай бұрын
Every bidder. Sold and then Hacked and stolen everywhere. .
@IN-hw8it62 ай бұрын
I bet it's already teaching Google AI. 👍
@SpaceCadet4JesusАй бұрын
It will be used to track you down and unalive you, when your day comes. At least that's what I keep hearing. 😅
@vipersb12 ай бұрын
When a company goes public, the employees and customers always suffer.
@karenneill9109Ай бұрын
Yup. They become beholden to their shareholders instead of their customers.
@naturalnashuanАй бұрын
That's the very short summary of ALL of these videos. Companies that go public stop being innovative and become greedy, skimp on quality, and end up in bankruptcy.
@JxHАй бұрын
"DNA from spit" Mine came back as 47% gourmet hamburger, 33% French fries, and 20% Guinness. Cheers.
@PHlopheАй бұрын
and the sold your ass for peanuts
@walkawayheatherene341Ай бұрын
Well, from that I can tell you're German, Belgian and Irish.
@SpaceCadet4JesusАй бұрын
@@walkawayheatherene341 You're more accurate and faster than any tests. 😅
@walkawayheatherene341Ай бұрын
Back in the 90s the police dept was taking childrens fingerprints in case of abduction. There was enough backlash about giving up our childrens fingerprints that they started giving the prints back so the parents could keep them at home.
@radudeATL2 ай бұрын
Company Man was here first.
@Hiiamsamm2 ай бұрын
No one cares
@eddiew23252 ай бұрын
@@HiiamsammI care about you my friend I love you
@shaider19822 ай бұрын
Yup, I watched his video.
@zacharypeloquin3402 ай бұрын
✋️@@Hiiamsamm
@mikepwillis882 ай бұрын
Guaranteed the intern at CNBC basically used that video to write the script for this one 😂
@bsmba13472 ай бұрын
why i'll never give my dna to any company
@bleachfan482 ай бұрын
But if your second or third cousins do it, then you are effectively in the database as well
@SpaceCadet4JesusАй бұрын
We're going to get your DNA one way or another, so you better not die. 😅
@SpaceCadet4JesusАй бұрын
Wait until the story leaks that funeral homes are secretly providing that data for decades.
@DistractedDaisyАй бұрын
Knowing that Black rock now owns this company is the reason I would never do this!
@SpaceCadet4JesusАй бұрын
Like they say, if you can't beat them, join them. Black rock is making money.
@BrainCandyQuizАй бұрын
It was always a massive privacy violation waiting to happen. Just because they say one thing now, who knows about the future... On the plus side, my brother found out he has a daughter he didn't even know about.
@trailrider7046Ай бұрын
What did his wife say?😆
@SpaceCadet4JesusАй бұрын
I'm sure his life is much better now with backdated child support payments.
@piplupcolaАй бұрын
Idk how anyone was suprise by this revelation. It was the first thing people were warning about when 23 and me first came out. Do you think any company is gonna keep your data private if money is waved in front of them? Of course not. That's the world we live in now.
@keylanphАй бұрын
The issue with DNA is that your crazy aunt could do one of these services and it effect your children’s ability to get health insurance. DNA isn’t personal information, it is familial information. Giving up your dna is opening up the rest of your bloodline to unforeseen consequences.
@SpaceCadet4JesusАй бұрын
Yeah, then they'd know that I was born in the back of a truck, and crazy Guggenheim is my uncle. 😅
@Cucumberflavoredmustard2 ай бұрын
The people that sent in their most personal of information to this company failed to see that they were NOT the customer, but rather the product. The genetic codes of millions is invaluable info.
@SpaceCadet4JesusАй бұрын
They can get the same information from hospitals, doctor's offices, surgeons, and funeral homes.
@CucumberflavoredmustardАй бұрын
@@SpaceCadet4Jesus What? Those places won't typically have your genetic info. Even if they did, they are bound by countless medical privacy laws, and could be sued into oblivion for releasing them. With 23 and me, you already signed it over. All it takes is a bidder an/or a few keystrokes.
@fraffee2 ай бұрын
The problem is she used "I" too much
@Dunkskins2 ай бұрын
I was always worried about how any company deals with any private data. Yet alone a company have your genetic data that they will pawn off to the highest bidder
@SpaceCadet4JesusАй бұрын
Who actually sits around worrying about this stuff? If you're the anxious type, don't give it up. I don't give it, I don't have anxieties, and I don't worry about it.
@henryijeoma2 ай бұрын
Why's the narrator of this video whispering?
@MRC59812 ай бұрын
😂😂
@laqueatabrown99162 ай бұрын
lol 😁 too funny right !!
@wifigod2 ай бұрын
It's so distracting!!
@olgaiushkova2454Ай бұрын
And why do girls on this video have vocal fry by the end of phrases?
@raspas992 ай бұрын
Hm... They turned out to be actually quite moral.. it's a rarity and probably one of the reasons they are unsuccessful in pharmaceutical landscape.
@Ranstone24 күн бұрын
Immoral.* They sold private DNA data which is why they fell 46% initially.
@fanboy13982 ай бұрын
“Leverage” has become the go to word for people who want to sound smart without actually adding anything
@kevikiru2 ай бұрын
It's professional jargon. People who need to know what it means already know. People who are annoyed by that use don't have the knowledge to be nuanced.
@stringlarson12472 ай бұрын
@@kevikiru At the end of the day, absolutely.
@SpaceCadet4JesusАй бұрын
Would you mind if I leverage your comment? 😊
@Lucalegenda2 ай бұрын
How this companies even sell something is insane
@skyscraperfan2 ай бұрын
The problem with giving away your genetic data is that you also give away a big part of the genetic data of hundreds of your relatives. Law enforcement loves that. If they find some genetic data, there will always be a relative of that person in a database like that. You might think that it is a great way to solve murders, but an authoritarian government could misuse that information.
@LyricsQuest2 ай бұрын
And just like the good old days, when eugenics took off during the 1930s, and the idea of "bad genes" was spreading around quite rapidly. What a utopia that lead to.
@swampwiz2 ай бұрын
Would a #47 Trump do something like that?
@mssha19802 ай бұрын
Yep!
@michael-michaelmotorcycle2 ай бұрын
Exactly… Not gonna catch me researching my family’s history by purposely entering my own DNA into a database. Nobody needs to know what grandpa did when he was teenager in the Italian Bronx in the 40’s. Or what anyone else did after a drunken-stooper on ladies night downtown in the 70’s.
@WinstonSmithGPTАй бұрын
@@swampwizget help.
@cannedham37742 ай бұрын
someone wanted all of our dna so they came up with a way to obtain it and have us pay for it. genius.
@SpaceCadet4JesusАй бұрын
Only Fools paid for it.
@Dd2112-h8u2 ай бұрын
In my opinion, one would have to be nuts to trust this company.
@Helloooooooooo1312 ай бұрын
I had a feeling….i’m glad i didn’t send mine in.
@jewelqueen5949Ай бұрын
Same!!!
@ToughmittensАй бұрын
Unfortunately that doesn’t matter if someone in your family has done it
@SpaceCadet4JesusАй бұрын
@@ToughmittensI've got clowns as family members and I only know that I was born in the back of a moving truck. If my DNA proves it then I'm shot.
@PaulYewchuk-k2l2 ай бұрын
The reason for 23 and me's demise is because of a lack of privacy. People's DNA is compared to a list of wanted criminals from unsolved crime scenes. People didn't want to be convicted for a crime that someone else committed. It was just a coincidence that their DNA was at the crime scene. But still they become a person of interest and get dragged into court. Not for me.
@SpaceCadet4JesusАй бұрын
Do you mind coming into the office next Friday and telling us where you were that previous Saturday? You're not being detained. we're just having a conversation.
@Canyouseeanypartofme3 күн бұрын
You cannot manually upload profiles to 23andme.. you are thinking of gedmatch.. lol sperm or blood being at a crime scene is not a coincidence
@urbnfusionteam3200Ай бұрын
Hit and run company. Collecting extremely valuable data.
@Jumboo364Ай бұрын
Yes now they have the gold, they are throwing everything else off the ship.
@OnUs-x9dАй бұрын
I bought one of these but never sent the sample after collecting it. I had a weird feeling and I'm so glad I trusted it.
@me.account96902 ай бұрын
In conclusion, their decision to IPO is the biggest mistake they ever had
@Davethreshold2 ай бұрын
ITA! It seems like that is the pathway to HELL for any company. Almost ALL of them go downhill for quality of product, service, etc.
@michaelweston10422 ай бұрын
Not really, this scam is repeated often. Companies now go public to make money from doing that. Not from their actual product or service. It's not about long term viability.
@CulturalgoddessesАй бұрын
All of the customer data will be sold because that’s honestly the main value of the company and instance companies want this data
@mriconoclast132 ай бұрын
The CEOs sister was a privacy nightmare for KZbin. Get out while you can.
@ohreally19972 ай бұрын
I'm no super fan of Susan, but there's an argument to be made that Google was gonna do to YT what Google does with everything else, regardless of who was captain of the ship.
@PHlopheАй бұрын
@@ohreally1997 susan passed away 2 months ago
@CarrotBarretАй бұрын
I literally bought a kit today. All of a sudden this video comes up. I will say I see why it was 60% off now.
@username0000928 күн бұрын
They’ve been running those big discount promotions around the holidays for years now.
@Marcusmusic1232 ай бұрын
Bravo that they're taking the loss honestly. They're NOT cooking the books or promoting lies like Theranos did!!! They tried!!
@queengoddesshopeАй бұрын
if you were born in an american hospital, had a doctors visit, had bloodwork done, etc etc etc, they have your DNA. if you belong to the BIPOC community, it helps to learn who you truly are. That said, I did one in 2019 with the assistance of a genealogist and i dont regret it. I also had the option to discard my DNA in 2019 which I have done. What did truly did with it could be a lawsuit later. Fact remains, they should've sought out government funding from day one if they wanted to make it about medicine or curing people.
@bobcitizen1149Ай бұрын
Is journalism useless without a non-stop backing track? Can't really call it music. It's just rhythmic noise. I don't need it. Maybe I should stick to reading.
@jpmnky9 күн бұрын
These dna kits are pulling out metric tons of skeletons over the last 15 years or so. Feel so bad for the husbands and children. Finding out 20, 30, 50 years later. And of course 99% of the women are furious at the family members who bought the kits. And the dna companies themselves. Go figure.
@danesworth2 ай бұрын
You leave traces of DNA everywhere you go. If someone really wants it, it doesn't take much to get it. A lot of families have found each other, a lot of crimes have been solved, health risks identified and averted, and many other positive things have come about as a result of DNA testing. Obviously privacy is always going to be a concern in today's world. It's why cyber security is a fast growing field.
@PHlopheАй бұрын
no this ain't the the same type of dna that you gathering here. there is a reason they demand spit instead of the dna you leave on your towel or your glass.
@fast_traffick_reportАй бұрын
Think drug testing for jobs and testing with your doctor. There many ways to skin a cat.
@Trustbutdocument20 күн бұрын
My concern was the health and life insurance impact on my children and grandchildren. Laws will eventually change to allow insurance companies to set premiums or refuse coverage.
@Fatedcauze20 күн бұрын
23 and me was a CIA/NSA front. They got what they needed and are now closing shop. Just like covid being a front to optimize facial recognition.
@leehyunsong7001Ай бұрын
the company lost its value, it doesnt mean the founders lost money, got it?
@PHlopheАй бұрын
song, true
@theoneyou21 күн бұрын
Why is the narrator whispering. She makes the video unwatchable with the stressed “sssss” sounds she makes when saying each word.
@LucianLusilver2 ай бұрын
I just recently bought a kit, but I'm hesitant to use it
@enjoystravelingАй бұрын
I had good results and connected with some cousins on both sides that also took the test. As to all these questions, everybody’s worried about. I don’t see that it’s such a problem. If they really sell DNA to companies to test that might be a good thing to develop improvements. It’s not like they’re gonna clone you, that’s too expensive As to peoples worries, if they’re going to give information to your employment or to insurance companies, if they did that, then you would have a good case to sue them
@1962LIBBYАй бұрын
Like to take this opportunity to say 23 & me which I’ve never purchased hasn’t done me any favors. Thanks guys.
@DireDandelion2 ай бұрын
She had the means to sell pans to prospectors, and instead decided she wanted to pan for gold too...and the company suffered.
@davidcox30762 ай бұрын
In a gold rush, mine the miners. They forgot that.
@kennethdavis4987Ай бұрын
Why would put such obnoxious music in the foreground or in the video at all?
@user-vn5nm9nu7z2 ай бұрын
Saw that scam from a mile away
@NPx2312 ай бұрын
Scam? Why is it a scam? It may not be profitable but it’s not a scam.
@cbligerman2 ай бұрын
I truly appreciated all I learned from using their test. I hope 23&me can be salvaged
@CoolHand2732 ай бұрын
@@NPx231 Just the term SPAC means you have nothing but just want to do a cynical and diabolical money grab then subsequent rug pull on all your gullible investors.
@rickyal98102 ай бұрын
@@NPx231 You pay to give them your most personal data and then they sell that data without even compensating you? Sounds like a total scam to me.
@maxvideodrome4215Ай бұрын
Friend bought me a kit about 10 years ago as a gift. Still sitting on the shelf as I didn’t trust them with my data.
@batmanmotherfucker29 күн бұрын
Why is it still sitting on your shelf after 10 years? Hoarding is not healthy.
@archeanna14252 ай бұрын
Aren't you worried that at 1:23 you make it sound like Ancestry and 23&me are the same? Not true!!! Ancestry has bent over backwards to assure clients that their privacy would be kept safe. 23&me let people know their privacy was for sale long ago when I was considering using their service.
@AA-sv3ed2 ай бұрын
Yeah, right, apparently you didn't read their policy. I've read every single word and decided not to proceedt. They basically were saying that your DNA will become their data and they can do with this data whatever they want at any point in time.
@hottubking1229Ай бұрын
They went public for the original investors to cash out. They knew their company would fail.
@cyberpunked772 ай бұрын
That lady sounds just like Elizabeth Holmes.😂
@swampwiz2 ай бұрын
Holmes was an actual grifter; this chick is not lying about anything - just being optimistic.
@Porsche911_kman2 ай бұрын
CEO talk like CEO
@ohreally19972 ай бұрын
@@swampwizHer sister, Susan (former head of YT), recently died of lung cancer as well, and I think she took her sister's death pretty hard.
@inmyOWN_worldАй бұрын
I was thinking that 😂😂😂
@oenrob98000Ай бұрын
23&Me has a good product, but they need to convince their customers that they can keep customer data private in perpetuity, which they've not been able to do. Not sure any business is completely trustworthy anymore these days
@canadian_american842 ай бұрын
They should just merge with ancestery so they could make a bigger database so that you can find family better
@GeminieCricketАй бұрын
Who is they ?
@Canyouseeanypartofme3 күн бұрын
Why do they keep bringing up cold cases when it’s impossible for you to manually upload profiles
@clara59242 ай бұрын
It is not a sustainable business model to begin with. I mean there is no returning customers, u get your DNA result, done. No need to interact with the company again. Even worse with consumer privacy scandals. This company went public to get more funding, i am more surprised to people who r actually buying 23andme stocks. Unbelievable.
@PHlopheАй бұрын
Clare, but it is the data resell that is the true cash cow.
@LotusJewelzАй бұрын
Why didn't anyone get locked up for violating American's privacy?
@DavidsDefelices2 ай бұрын
As an investing enthusiast, I've kept aside a good sum of capital to invest for financial independence and early retirement, but my concern right now is the market rally being propaganda. Is this a good time to buy stocks, or do I wait for the crash?
@RodericksCurrys2 ай бұрын
The stock market can appear as a bewildering cauldron of fake news for new investors. I would advise using a CFP, giving him/her 2/3, and then investing the 1/3 on your own, but only if you have time to track stocks and educate yourself.
@ThomasesLaceys2 ай бұрын
@@RodericksCurrys I deal with an investment advisor for this reason. I currently have over $800k invested in a diversified portfolio that has grown exponentially and is suitable for all market seasons. Our current project for this year is a more concrete ballpark target.
@DavidsDefelices2 ай бұрын
@@ThomasesLaceys Congrats! The market to me is like a lucrative chess game, incredibly difficult to outperform, it's all about understanding how the world moves, its history, and psychology... mind disclosing info about your CFP? I'm quite curious.
@ThomasesLaceys2 ай бұрын
@@DavidsDefelices There are many independent advisors to choose from. But I work with Ruth Ann Kalage and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.
@DavidsDefelices2 ай бұрын
@@ThomasesLaceys I feel thrilled about this, curiously inputted Ruth Ann Kalage on the web, and spotted her consulting page ranked top. I've seen commentaries about advisors but not one looks this phenomenal.
@ultralaggerREV125 күн бұрын
It’s best to contact a literal private laboratory that isn’t a corporate to get DNA tests
@anuragpatil69732 ай бұрын
Really good video
@christinalanalucille8322Ай бұрын
They should be asking us for money to supply our DNA to grow the company in different ways related to health concerns and medications. That would be the no-brainer for me since they couldn’t offer me enough for my DNA.
@RoyalWill022 ай бұрын
The police started using it for their own nefarious purposes. 🤣🤣🤣
@Pr0toPoTaT02 ай бұрын
Yep. Once I heard about the golden state killer I was like nahhhhh I ain't helping these guys. Like they only published that because it was a high profile case. Anne is sisters with that Google lady. You know how that goes. Watch the video by company man. He explained there downfall like literally a few days ago. He mentioned like 5 key points and that wasn't one but it was my concern was the database. Like I'm in tech. If people are actually cool with this then it's people that want to know stuff about there background or purposes. But then those people found it out and no more. They tried subscriptions which is as we all know stupid. This is wild. NBC doing a worse video then company man.
@BLACKAAROW2 ай бұрын
@@Pr0toPoTaT0 yup i watched the company video too, this is why i will never take one of these tests ever
@eerielconstantine5051Ай бұрын
@@Pr0toPoTaT0it’s kind of weird a killer being identified is what had you saying nah.
@Pr0toPoTaT0Ай бұрын
@@eerielconstantine5051 nah, its privacy 101. If it starts where does it end?
@jb88888888824 күн бұрын
"...will not share customer data without their consent" I expect that the consent is buried in the middle of some 20 page TOS that customers must agree to in order to use the service.
@aisubjective2 ай бұрын
Woah how convenient CNBC makes the same video on 23&Me after @Company Man just dropped his earlier this week.
@Hiiamsamm2 ай бұрын
Who’s company man? Not everyone watches KZbin like you do this is the first I’m hearing about this
@laurenjhjh2 ай бұрын
Not sure what Company Man is in the past few months, there have been many mainstream stories about 23 and Me’s decline. That would be how Company Man got their story tbh.
DNA data should never have been shared. That was the nail in their coffin.
@GettingOlderByTheDay71Ай бұрын
The fact that people were concerned about privacy after finding out that 23AndMe data was used to solve a murder is laughable. They should be applauded for helping solve a crime. Only the criminals among us should be concerned.
@eerielconstantine5051Ай бұрын
Was thinking the same lol
@trailrider7046Ай бұрын
A serial killer to be exact!
@WinstonSmithGPTАй бұрын
Hi fascist. Please feel free to post your social and we’ll decide if you have anything to hide.
@Hundo_MoАй бұрын
“Dont give your Dna Away for free” What i was told getting the birds and the bees talk. Never thought it would apply to a big “tech” company 😂😂😂
@AnthonyPinkerton-d7p2 ай бұрын
Honestly, this is why I used AncestryDNA, the price was about $69. The problem that I encountered my DNA profile is very specific; my own sister doesn’t match my DNA profile, also Ancestry is managed by the Church of Jesus Christ and the Latter Day Saints.
@bhavyapanchal10 күн бұрын
Not trust worthy at all
@BrandenH-O05123 күн бұрын
I remember being around 10 years old and told my parents that i would never do 23andme because of exactly this.
@mynewprofilename2 ай бұрын
yet another Theranos?
@gian197912 ай бұрын
You read my mind I was gonna say the same thing😅😮
@nicholashylton68572 ай бұрын
No, this time around the technology actually works. The issue is that finding treatments for genetic issues is an exceedingly more difficult endeavour.
@kittysassafrasАй бұрын
In what world could a $1000 kit be called “inexpensive”??
@dipdip72502 ай бұрын
People are morons for signing away their genetic info
@bonbonjovi48362 ай бұрын
Yeah, but these people are also paying 23andMe to give away their genetic info, what does that make them?
@SibylSVerneZEl2 ай бұрын
One could say the same for people birthing their babies in hospitals…going to the dentist…people carelessly throw away their dna. What is this delusion that you care about your dna when dna companies come up? Lmaooooo
@LyricsQuest2 ай бұрын
The government loves all the info it can glean. More data collection, mor, mor.
@Atilla-m9i2 ай бұрын
When you are desperate and ignorant it's understandable to be fooled.
@Atilla-m9i2 ай бұрын
@@LyricsQuest People don't understand how dangerously powerful data is even with good intentions.
@avgejoeschmoe2027Ай бұрын
I love how the data ended up being stored on servers in China....also Covid hit a few years later
@edyann2 ай бұрын
Americans and their obsession with: What am I?
@LyricsQuest2 ай бұрын
lol, while can be interesting subject to explore, it's arguably not the most important focus a person could have, by far. Matters of exercises of free will also known as choices are arguably more important.
@GhosPoison2 ай бұрын
Who are you?
@edyann2 ай бұрын
@@GhosPoison A human being in the country of México.
@YoDz-1172 ай бұрын
@@edyannahhh the americas. Got it
@dreamcatcher5502Ай бұрын
So does AncestryDNA do the same thing ???
@TomNook.2 ай бұрын
Gonna sell all that genetic data to third party companies now.
@-UwU-catgirl-25 күн бұрын
I’m adopted and I don’t know my history, these tests are a part of the process of finding out who I am. Wish my info wasn’t out there but what am I supposed to do. It’s not like I have my info available to me.
@richardekers30252 ай бұрын
Sounds just like Theranos to me!
@frankfahrenheit95372 ай бұрын
Starting drug development when you never did that before is a more than weird idea.