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Why can't you just go around selling your data to the highest bidders and use the money to pay for the myriad of already-existing hosting providers? I'll tell
by rglullis 5y ago
Why can't you just go around selling your data to the highest bidders and use the money to pay for the myriad of already-existing hosting providers?
I'll tell you why: because you are not worth that much to advertisers. If you are so cheap to the point of asking to get your data harvested, chances are you never going to be a high-value customer.
- tobyhinloopen 5y agoSure, let’s do that. Where can I sell my data?
- rglullis 5y agoNo one wants to buy the data from cheapskates.
- dspillett 5y agoThe comment you replied to said exactly why this won't work: “If you are so cheap to the point of asking to get your data harvested, chances are you never going to be a high-value customer.” Though I think “high-value bit of cattle” or “high-value mark” are closer to how the stalking side of the advertising industry sees us!
- ClumsyPilot 5y ago> If you are so cheap to the point of asking to get your data harvested, chances are you never going to be a high-value customer. But if you are so dumb as to not know your data us harvested, you are a great gullible idiot, er, I mean customer. I don't think logic holds any water. There is no rational 'free market' reason you can't sell your data, it's just logistically too difficult to deal with millions of individual 'sellers' istead of paying $supplier to get all of it at once.
- rglullis 5y ago1) I did not say anything about not having data harvested. 2) Even if the data is being harvested, doesn't mean that there is any morality in trying to get a share of the profits. That doesn't make you smart, it makes you a cheap accomplice. 3) "free market" would apply only if all exchanged data were offered by those that own the data, and if they could determine how and when the data could be used. GDPR has shown already that some sites would rather not serve their sites to European citizens than comply with data regulations. You can bet that the intersection of high-value prospects who would be interested in selling their data for some meager dollars/year is very, very small.
- svnt 5y agoI think you underestimate the training/socializing effects of being raised with advertising, and the steps toward closing that gap already underway. You can buy discounted TVs (and in some places they are the only TVs you can buy), which clearly have advertisements on them that others do not. When more people wake up my bet is they will be accustomed to advertising, they will just want better advertising. And if one can get paid for receiving short-form entertainment with relevant product information, with appropriate branding I bet there is a market.
- rglullis 5y agoI replied in the other thread. The flaw in your argument is that the only way for "better advertisement" is through personal data selling. Brave's model has shown that you can have a ad distribution system that gives more power to the users, the ads are still relevant, fraud is much more easily detected and it can still reward the users for their attention. With zero knowledge proofs, you can even have a system where the advertisers only get to show ads for those that match certain criteria, but no personal data needs to be given away. If you are working on anything that depends on direct exploitation of user data, I urge to go back to the drawing board and seriously consider the morality of it.
- hackerfromthefu 5y agoFully agreed with the last paragraph - consider the morality of direct exploitation of user data, and the risks that it is used in ways not originally intended. Maybe read some history too such as McCarthyism, Stalinism and many related instances throughout history. This data exploitation that has swept through the world has the potential to be a terrible nightmare in the making.
- svnt 5y agoThe issue is far more likely the low volume transaction (of one user) which is itself likely to be a consequence of lack of demand/reason for this service so far. No one is set up to explicitly monetize your data with consent. It doesn’t seem like a bad idea once society catches up with it.
- rglullis 5y agoThere is no need for the monetization of data. Monetizing users' attention is enough. Look at the Brave model. People get paid for the ads, no personal data is exchanged.