Linked In Gets Very Scary....

I have a Linked-In account. Its an on-line Roladex (remember those?). I take part in certain groups, some of them closed. I brainstorm with others. Sometimes its about stuff that may be covered by an NDA. Which looks now as though that was stupid. The new terms and conditions flashing at the top of Linked-In say.....

You grant LinkedIn a nonexclusive, irrevocable, worldwide, perpetual, unlimited, assignable, sublicenseable, fully paid up and royalty-free right to us to copy, prepare derivative works of, improve, distribute, publish, remove, retain, add, process, analyze, use and commercialize, in any way now known or in the future discovered, any information you provide, directly or indirectly to LinkedIn, including, but not limited to, any user generated content, ideas, concepts, techniques and/or data to the services, you submit to LinkedIn, without any further consent, notice and/or compensation to you or to any third parties. Any information you submit to us is at your own risk of loss.

I will think twice before posting anything until this is clarified.


Has anyone read or understood this? Remember the great routine from Eddy Izzard. It's all happening again.