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The most fascinating part of this is that it puts a concrete figure on how much your attention is worth to Facebook with regards to what it makes from advertise
by highwaylights 3y ago
The most fascinating part of this is that it puts a concrete figure on how much your attention is worth to Facebook with regards to what it makes from advertisers.
$14 a month is (to me) an astonishing figure when you see it written out. To think that just Facebook’s cut, of just the profit, of just what you’ve been manipulated to buy beyond what you otherwise would have would mean that earnestly the data suggests that the average person is likely spending well over $100 a month on things they didn’t even want in the first place because of targeted advertising.
- wholesomepotato 3y agoI need X. A and B both have X product. It's worth for them something to make me aware of and buy their product over competition. So that $14 is not just "didn't even want".
- MattPalmer1086 3y agoAlthough there is the old saying that 50% of all advertising is wasted, but you don't know which half. There must be companies that spend on advertising and do not get any good return on it.
- traverseda 3y agoWith google advertisements mean that your competitors page doesn't appear above your search listing. It means that if you sell something you more or less have to buy ads for your own name, or else people searching explicitly for you will be led to your competitors products. It's sort of like a race to the bottom. With facebook I understand that if you want to actually get a message out to people who've explicitly subscribed to your content you need to pay them. Same sort of thing. Sure, it's an "ad", but not in the same sense as like a billboard or a TV spot. It's actually game-theoretic coercion.
- Enginerrrd 3y agoIt's not though. These ad-free tiers are always priced way higher than what they're getting in ad revenue per user.