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What is your privacy worth to you? It's worth $100 / year to FB, and it probably costs you twice that much. (Assuming you live in the US.) The average US use
by alex_young 9y ago
What is your privacy worth to you? It's worth $100 / year to FB, and it probably costs you twice that much. (Assuming you live in the US.)
The average US user is worth > $100 / year now (forward looking) in advertising revenue.
Advertising works because it increases spending on products by some larger amount. Say this is 2x since there is significant risk and a lot of friction to overcome.
This means that on average, a US person spends something like $200 a year because they saw ads on FBs network.
This is simply astounding. Assuming 300m US users, this works out to $60b per year.
Kind of the opposite of free.
- ktta 9y ago>This means that on average, a US person spends something like $200 a year because they saw ads on FBs network. As much as I hate ads, this is a very poor way of understanding how advertising works.