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Facebook Should Pay All of Us

newyorker.com

11–20 of 112 posts

Re: Facebook Should Pay All of Us

#11

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.…

Why not set the bar at $2 or greater than? More than a few of us would be happy to pay for that. I definitely would for youtube.

Re: Facebook Should Pay All of Us

#14
post #10

Once 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.

Ha, imagine how creeped out said people would be if the company calculated personalized fees for opting out.

"Ehhhhhh? Why am I worth $76 to them?"

Re: Facebook Should Pay All of Us

#15
post #5

Surely, 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…

I also want this option- last I checked fb earned about USD $0.95/month/person. Charge me $25/year and double profits from me.

Re: Facebook Should Pay All of Us

#16
post #9

I'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…

And, in many places people don’t use most of these features, but Facebook still collects Shadow-Profiles of them.

At least for shadow profiles Facebook should pay.

Re: Facebook Should Pay All of Us

#18

Fun 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…

Have you tried a non-API reliant way? Like Selenium?

Re: Facebook Should Pay All of Us

#19
post #9

I'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…

I don't have a FB account and I get all those things. I also don't feel like "Some of the best engineering talent in the world working on the aforementioned" is a compelling reason to give away my personal information.

Re: Facebook Should Pay All of Us

#20
I went to a conference last month where software vendors would do an RFID scan of your conference badge.

My 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.

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