Security expert: Scared of Palladium

Like Dave Kearns, Scott Bradner and Mark Gibbs, security consultant Bruce Schneier has some strong reservations about Microsoft's Palladium encryption/security proposal:

There's a lot of good stuff in Pd, and a lot I like about it. There's also a lot I don't like, and am scared of. My fear is that Pd will lead us down a road where our computers are no longer our computers, but are instead owned by a variety of factions and companies all looking for a piece of our wallet. To the extent that Pd facilitates that reality, it's bad for society. I don't mind companies selling, renting, or licensing things to me, but the loss of the power, reach, and flexibility of the computer is too great a price to pay.

What do you think?

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