Just because you’re paying $10 a month does not mean that Meta will stop farming your data. Sure, they won’t shove you any ads, but they will stockpile data for the day you decide that $10 (it’s not really $10… they will increase this price 2-3 years down the line once they feel they had gathered enough users, the Silicon Valley way) and then pump you with ads that cater you.
They don’t directly sell data, nor does Google. They analyze and use that data to sell targeted ad space.
There are data brokers that gather a ton of data and openly sell it, but Facebook isn’t one of them. Their customer data and the resulting ability to sell extremely specific ad space is probably their single most valuable; why would the sell it itself when they can sell the access it grants instead?
That’s what they claim, but they are liars. We know from the Cambridge Analytica settlement that they let them have direct access to user data, including private messages. And they did that for over a decade. And now they say they’ve changed, cross my heart, and you believe them?
Just because you’re paying $10 a month does not mean that Meta will stop farming your data. Sure, they won’t shove you any ads, but they will stockpile data for the day you decide that $10 (it’s not really $10… they will increase this price 2-3 years down the line once they feel they had gathered enough users, the Silicon Valley way) and then pump you with ads that cater you.
Also I’m sure they will sell your data to whoever can pay for it.
They don’t directly sell data, nor does Google. They analyze and use that data to sell targeted ad space.
There are data brokers that gather a ton of data and openly sell it, but Facebook isn’t one of them. Their customer data and the resulting ability to sell extremely specific ad space is probably their single most valuable; why would the sell it itself when they can sell the access it grants instead?
I think Meta very much wants to sell data.
https://www.natlawreview.com/article/facebook-to-pay-90-million-to-settle-data-privacy-lawsuit “Specifically, the plaintiffs’ alleged that Facebook used cookies and various plug-ins in order to track and save information about its users’ visits to third-party websites and then sold to advertisers.”
https://news.bloomberglaw.com/privacy-and-data-security/facebook-in-payment-spat-over-725-million-privacy-settlement “Consumers sued Meta in 2018 after it became public that the British research firm had gained access to the data of at least 87 million Facebook users without their permission in connection with its work for Trump’s campaign.”
That’s what they claim, but they are liars. We know from the Cambridge Analytica settlement that they let them have direct access to user data, including private messages. And they did that for over a decade. And now they say they’ve changed, cross my heart, and you believe them?