Disclaimer: I work in Google's Policy Team, developing multistakeholder cooperations for internet governance & policy themes, hence I want to point out that all the opinions and ruminations on this blog are mine, not Google's.
a multistakeholder group of privacy, internet & new media experts (including me:) are working on developing an approach to have modular human-readable privacy policies. The idea pretty much is to do what creative commons has done to copy-right -- make it possible to really easily see what is happening with your data when you sign up for a service and thereby making it a relevant business point for marketing / quality-branding / differentiator.
Please review our wiki-site, spread the word and join the team @ the
privacy OS wiki!
I tried to visualize the situation:
SOOOoooooo.........ooooOOOOOoo
the long term vision is to start and work with privacy - and then move to other rights like Freedom of Expression