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My concern is mainly that my attention is such a huge source of revenue for facebook. So much so that their advertising revenue is consistently several times mo
by jacobwilliamroy 9y ago
My concern is mainly that my attention is such a huge source of revenue for facebook. So much so that their advertising revenue is consistently several times more than their actual cost of revenue [0][1]. The gap is so wide, it's hard not to feel like I'm being robbed every time I see an ad on one of these "free" websites.
[0]Earnings release: https://investor.fb.com/investor-news/press-release-details/2017/Facebook-Reports-First-Quarter-2017-Results/default.aspx https://investor.fb.com/investor-news/press-release-details/...
[1]Q1 2017 income statement (excel spreadsheet): https://s21.q4cdn.com/399680738/files/doc_financials/2017/FB-Q1'17-Income-Statement.xlsx https://s21.q4cdn.com/399680738/files/doc_financials/2017/FB...