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>- Facebook makes money from your data by showing you ads. If you stop using facebook, you stop generating any revenue and your data becomes a liability, not an

>- Facebook makes money from your data by showing you ads. If you stop using facebook, you stop generating any revenue and your data becomes a liability, not an asset. This part at least is incorrect. Your data will always be an asset, and FB makes money not just by showing you ads but by selling your data.

edmundsauto 7y ago
How does Facebook make money selling data, specifically as it's different than selling ads? I thought their revenue stream was 100% ad-driven.
- Pokepokalypse 7y ago
  The corpus of all of your posts are valuable for statistical analysis for ML models, sentiment analysis, and the like.
  - skinnymuch 7y ago
    Isn’t that all to sell you ads?
    - IanCal 7y ago
      For the general "you" yes, but not the specific "you". It would be possible to use your data to sell someone else ads.
      - dx034 7y ago
        But they don't? They use data internally to improve ad revenue but I doubt they ever sold data for money or intend to do so.
      - edmundsauto 7y ago
        Do you know what the legal status is of models derived from someone else's data? EG, can I train an AI from every Marvel movie, then use that to produce other movies? That's not a great analogy because I would be violating other people's IP, whereas FB generally has rights to the data they collect.
closeparen 7y ago
They obviously exchange (precisely targeted) attention for money: https://www.facebook.com/adsmanager/creation https://www.facebook.com/adsmanager/creation And they obviously give away some data for free, especially pertaining to users who click through OAuth consent screens as in the Cambridge Analytica case: https://developers.facebook.com/docs/graph-api https://developers.facebook.com/docs/graph-api What are some examples of transactions where they exchanged data for money?
GuiA 7y ago
Facebook cares about “your” data, but that doesn’t really mean your painstakingly edited review of the new avengers movie. It’s more what you spend time looking at, what you click on, etc.

edmundsauto 7y ago

How does Facebook make money selling data, specifically as it's different than selling ads? I thought their revenue stream was 100% ad-driven.

Pokepokalypse 7y ago
The corpus of all of your posts are valuable for statistical analysis for ML models, sentiment analysis, and the like.
- skinnymuch 7y ago
  Isn’t that all to sell you ads?
  - IanCal 7y ago
    For the general "you" yes, but not the specific "you". It would be possible to use your data to sell someone else ads.
    - dx034 7y ago
      But they don't? They use data internally to improve ad revenue but I doubt they ever sold data for money or intend to do so.
    - edmundsauto 7y ago
      Do you know what the legal status is of models derived from someone else's data? EG, can I train an AI from every Marvel movie, then use that to produce other movies? That's not a great analogy because I would be violating other people's IP, whereas FB generally has rights to the data they collect.

closeparen 7y ago

They obviously exchange (precisely targeted) attention for money: https://www.facebook.com/adsmanager/creation https://www.facebook.com/adsmanager/creation And they obviously give away some data for free, especially pertaining to users who click through OAuth consent screens as in the Cambridge Analytica case: https://developers.facebook.com/docs/graph-api https://developers.facebook.com/docs/graph-api What are some examples of transactions where they exchanged data for money?

GuiA 7y ago

Facebook cares about “your” data, but that doesn’t really mean your painstakingly edited review of the new avengers movie. It’s more what you spend time looking at, what you click on, etc.