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What? How is this even remotely true?! Do you have any sort of factual backing behind this viewpoint? Facebook has years and billions of data points on human i
by pdeuchler 11y ago
What? How is this even remotely true?! Do you have any sort of factual backing behind this viewpoint?
Facebook has years and billions of data points on human interaction between friends, lovers, acquaintances, and enemies. Facebook can determine your lifestyle, sexual orientation, socio economic status, and whether or not you're married just from your friend list. Facebook has one of the largest sources of demographic information on the planet, and each of those demographics has told facebook exactly what their hopes, dreams, interests, and fears are.
This is an absolutely ridiculous line of reasoning that willfully ignores the fact that knowledge, and more importantly knowledge about you, is almost pure power. By this same logic Gmail is only worth money because they have a tiny bar above your inbox that people look at, as opposed to having an enormous machine learning corpus of people's intimate communications.
If anything, the simple fact that algorithmic traders are using Facebook's open graph data to find an edge on the stock market is blatant proof that the real money is in the data.
>>> If everyone stopped using Facebook tomorrow, the value of all the information Facebook has gathered would be negligible.
Just like if everyone stopped using the internet today all the information the NSA has gathered would be negligible, right?