3 ms·
Norway is only 5 million people - if every country in the world did it the fine would be more like $30 billion per annum, which is about a quarter of Facebook's
by frabcus 3y ago
Norway is only 5 million people - if every country in the world did it the fine would be more like $30 billion per annum, which is about a quarter of Facebook's revenue.
Still, agreed would be better if it was a more punitive fine!
- ramraj07 3y agoMetas profit for 2022 was 23 billion. Assuming 3 billion users that’s like $8 per user per year of profit. Thats actually quite insane how much value they extract out of each of us.
- ljf 3y agoI'd also guess that profitability is not spread evenly across all users, and certainly not across all countries. I'd guess a good chunk of us are worth £0 (or even negative) and then there is a long tail of increasing valuable users who interact with adverts and services. Amazing how valuable some of the users must be!
- ramraj07 3y agoAbsolutely. The fact that a single ad click for personal injury lawyers could fetch Google hundreds if not thousands of dollars is testamount to this.