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it's just that the study is surveying people who already have a Facebook account. So the value they are talking about is not some abstract theoretical concept
by vasilipupkin 8y ago
it's just that the study is surveying people who already have a Facebook account. So the value they are talking about is not some abstract theoretical concept of value - they are talking about value in the context of quite literally - how much dollar value do people place on having a facebook account.
- Legogris 8y agoI get it, but to me that's like estimating the value of Honda by asking people who drive a Honda how much they would have to be paid to not be able to drive a car anymore. The difference being that there are alternatives to cars while Facebook has a monopoly on the social graph of many users. I think one could argue that Facebook is a monopoly on online communication for large parts of the social graph right now, especially as they also own WhatsApp and Instagram.