I would reckon that the market for personal data is lot bigger. 45 billion e-mails, 10 billion text messages and submit 95 million Tweets are sent in an average day. Now according to this article: http://www.technologyreview.com/view/528866/researchers-test... each piece of data is worth about $2. Now, simple maths would tell any company that making money off that data is a lot more profitable than collecting $0.20.…
Facebook Should Pay All of Us
11–20 of 112 posts
Re: Facebook Should Pay All of Us
#12Facebook IS paying us: through the free use of their service.
Re: Facebook Should Pay All of Us
#13Google should pay all of us.
Yahoo should pay all of us.
...
Re: Facebook Should Pay All of Us
#14Once again, someone has proposed that an ad supported company offer subscriptions for exactly its revenue-per-user, without seeming to realize that not all users are equally valuable to advertise to, and only the most valuable ones will opt out.
"Ehhhhhh? Why am I worth $76 to them?"
Re: Facebook Should Pay All of Us
#15Surely, if you value your privacy then don't bother using Facebook at all. More precisely, she wants the company to offer a cash option (about twenty cents a month, she calculates) for people who value their privacy, but also want a rough idea of what their friends’ children look like. They could just email with their friends. It's unclear to me, at least, that a 'feed' of data about people I know is an important ser…
Re: Facebook Should Pay All of Us
#16I'm not the biggest fan of FB or for the fact that I pretty much have to use it to keep up with friends and family these days. These are some things that you get in exchange for giving up your information: A place to store photos A platform to publish your photos A communications platform (Messenger) A platform to stay officially connected to things you "like" and their updates Near instant publication of your brain…
At least for shadow profiles Facebook should pay.
Re: Facebook Should Pay All of Us
#17Re: Facebook Should Pay All of Us
#18Fun Graph API fact: while it's incredibly easy for any user to scrape data off of public Facebook Pages ( https://github.com/minimaxir/facebook-page-post-scraper ), it is very hard to scrape personal data from people on Facebook, even if you are Friends with them or their Facebook statuses are public. Personal data is much more valuable. I've tried multiple endpoints to do so (for data analytics purposes) and they ha…
Re: Facebook Should Pay All of Us
#19I'm not the biggest fan of FB or for the fact that I pretty much have to use it to keep up with friends and family these days. These are some things that you get in exchange for giving up your information: A place to store photos A platform to publish your photos A communications platform (Messenger) A platform to stay officially connected to things you "like" and their updates Near instant publication of your brain…
Re: Facebook Should Pay All of Us
#20My coworker (I do not have facebook) had companies that had scanned his badge show up on his Facebook advertisement feed the next day.
To me, this was the real eye opener. Facebook doesn't just sell to advertisers the promise of groups of users. They can offer to sell to you, specifically, by name if they want to.