21–30 of 148 posts
Let’s normalize our exploitation with humor.
So their selling other people's data too?
The counter-argument to that, which is also presented in the book, can be summarized as the resolution to Adam Smith's "diamond-water" paradox (roughly, why is it that while water is more useful, in terms of survival, than diamonds, diamonds command a higher price in the market). The answer is that the price is determined by the marginal value of the last unit of good available rather than the average value gained by its consumption. So while the average value of personal data is high (you can build a service like Google or Facebook) the single unit value (as in the OP) is low. I'm more convinced by this side of the argument.
I just finished reading Radical Markets ( http://a.co/7cNafHl ) and it's funny to see this HN story because the last chapter was about "data labor" where the authors claim that we're all working for FB/GOOG/etc to generate data to train the AIs that makes profit for these companies. And that it's time for "data workers of the world to unite" into a "data labor movement" so we can get paid for our work (I found it kin…
Data is the opposite of the paradox of value, in that one person's data is completely useless, but each additional person worth of data adds a greater and greater marginal utility (probably not linearly so, maybe an s-curve or something). Is this what you are saying?
I haven't read the book you link so perhaps that is why I misunderstand.
What if I just do one of those things? This guy needs a lawyer.
> Loads more, like who I vote for, my boss’s name, and where all my family live. So their selling other people's data too?
I just finished reading Radical Markets ( http://a.co/7cNafHl ) and it's funny to see this HN story because the last chapter was about "data labor" where the authors claim that we're all working for FB/GOOG/etc to generate data to train the AIs that makes profit for these companies. And that it's time for "data workers of the world to unite" into a "data labor movement" so we can get paid for our work (I found it kin…
I'm struggling a bit with your second paragraph. I think there's something interesting here, but I'm not quite clear on your argument. Data is the opposite of the paradox of value, in that one person's data is completely useless, but each additional person worth of data adds a greater and greater marginal utility (probably not linearly so, maybe an s-curve or something). Is this what you are saying? I haven't read th…
> Loads more, like who I vote for, my boss’s name, and where all my family live. So their selling other people's data too?
> "Permission to steal my identity and open a sweat shop." What if I just do one of those things? This guy needs a lawyer.
I found the latest idea pretty funny - actually trying to monetize your data instead of letting companies do it for you is kind of a cute turnabout. In any case, please do view this project as an artistic endeavour - a work of satire.