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this post was submitted on 04 Oct 2023
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Privacy
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I feel like there is a balance to this.
What makes more sense is to set the price point around equal to the amount made / user. I REALLY doubt that they are making $168 from each person per year.
I don't have the data with me, but would a quick and dirty
total_revenue/total_usersgive a good estimate? Assuming total_revenue doesn't include other products like devicesin 2022, they made US$113bn from ads. They have approx 3bn users so thats about US$38 per user per year.
No one is saying they shouldn’t be allowed to run ads. But that they should be allowed to run highly specific and targeted ads is not by any means a forgone conclusion.
Television, newspapers, ads out in the “wild” and whatnot. All manage without individualizing ads. And Facebook could as well. But it’s more profitable to say to hell with our users privacy, let’s individualize the shit out of those ads.
That’s the problem.