Questions regarding money maker facebook part I: Behavior Monetization

in #facebook7 years ago

FBcritique1.jpg
"You just want attention, you don't want my heart..."

Dear Steemians, those of you who have been Facebookers before and those who still are,
like me (a kind of hybrid creature : Steetwittagrambooker),

what do you think, how much money facebook has made/still is making out of you and your data?


"...now that we're, right here standin' face to face, you already know, 'ready know, 'ready know..."

to open up this discussion a bit more out of well-trodden paths, I'd like to add Julia Angwin's work on breaking the black box:

propub1.jpg

https://www.propublica.org/article/breaking-the-black-box-what-facebook-knows-about-you

Looking for good discussions in the comment section : )

followscienceviennalogo.png

Sort:  

Given the value of your private information would you expect consumers to be interested in getting paid for sharing this data (if they so chose)?

I think this is an open question that could be connected to the culture of money itself. Money matters and is of great importance in e.g. decision making processes. Why should consumers not be interested in getting paid for their time, their work, their creativity? Regardless of what my opinion may be, every Like on Facebook I make, every new "friend", every new group approvement is connected to my data pool and of course monetized in the background. So why shall it stay in the background? Is there any plausible argumentation why someone should be underaged in questions of value, what value my data packages have, what price is set up, what someone gets paid for it... Steemit is not only a social media platform it is also a platform of reflection. It enables to scruitinize usual social media practices and processes, we in fact don't know about. I more and more get the feeling that facebook et al. have to put emotions on top to distract from what is really going on. Have you ever compared the miner structure of bitcoin with the witness structure of steemit, @jptsmit?

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 99357.59
ETH 3318.45
USDT 1.00
SBD 3.07