4 ms·
Poorer people's browsing histories are also less valuable to Verizon.
by ma2rten 9y ago
Poorer people's browsing histories are also less valuable to Verizon.
- horusthecat 9y agoTo Verizon, yes, but who said there isn't a secondary market for that information? I'm reminded of how Facebook is a net buyer of information from Oracle: there's a thriving resale market.
- shawnee_ 9y agoNot necessarily. There have been numerous studies in the banking industry, for example, that show "poor people" bank accounts are more valuable than high-wealth bank accounts due to the overdraft fees, low-to-zero interest they can get away with, etc. A lot of the biggest, easiest wealth made in America is derived from screwing over poor people at scale / en masse. I highly recommend Nickel and Dimed by Barbara Ehrenreich for some pretty good examples of this.