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Well, the users of facebook do get the facebook service in exchange for the data they provide. TANSTAAFL. If you don’t pay with money, you’re paying with somet

by Joeri 9y ago

Well, the users of facebook do get the facebook service in exchange for the data they provide. TANSTAAFL. If you don’t pay with money, you’re paying with something else. Facebook is not a charity. The question is not whether they’re allowed to obtain (non-monetary) payment for using their service, it’s whether it was (and is) clear what the price is. What irks me is why non of these services allow monetary payment. Why can’t I pay for facebook with the express agreement that none of my data is sold? It wouldn’t have mass market appeal, but it would silence many of the critics. (Same deal for all ad-funded platforms: just let me pay with money instead of time or attention.)

vincnetas 9y ago
FB income : 15,920,000,000$ [1] FB users : 2,129,000,000 [2] $7.47/year This is quite affordable. Curious how would marketing companies react to such idea. [1] https://www.nasdaq.com/symbol/fb/financials?query=income-statement https://www.nasdaq.com/symbol/fb/financials?query=income-sta... [2] https://www.statista.com/statistics/264810/number-of-monthly-active-facebook-users-worldwide/ https://www.statista.com/statistics/264810/number-of-monthly...
- jerrre 9y ago
  I keep hearing the argument that the people most likely to pay for not looking at ads, are the most interesting to advertisers.....
  - pgwhalen 9y ago
    And it seems very plausible. I’m sure a HN reader is worth far more than $7.47 a year to Facebook.
sincerely 9y ago
>TANSTAAFL. Bless you? (Seriously what does this mean?)
- grzm 9y ago
  There Ain't No Such Thing As A Free Lunch.