> There’s got to be a monetary loss here. Our email contacts are valuable.
Why? Nobody lost their contacts, so what’s the $ amount it cost them? Facebook claims they’re deleting them. If that’s true, then Facebook isn’t gaining from the contacts. If users don’t lose anything and if Facebook doesn’t gain anything, what is the monetary loss?
> especially at 150m user scale
Where’s that number coming from? The article talks about 1.5 million users.
> We could have all banded together and sold them, had Facebook not stolen them.
So while it’s entirely true that contacts should never be copied without consent, and that’s exactly what happened, I guess don’t forget that these users consciously gave Facebook their passwords. No matter how much I trust what someone says they’ll do, my email account password gives access to everything in my email account, I’ve always thought it was a terrible terrible idea to ever do it when connecting services together, for this very reason. I’m saying it’s partly the users responsibility, and the outcome here is predictable, because it has been predicted before by many people.
BTW, nothing stopping you from banding together and selling email addresses now, if you think it’s a good idea... the blip with Facebook is not in any way preventing that from happening.