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Are you familiar with the following phrase? > If you're not paying for it, then you're not the customer; you're the product. Facebook's product is it's databa
by eykanal 14y ago
Are you familiar with the following phrase?
> If you're not paying for it, then you're not the customer; you're the product.
Facebook's product is it's database of user information. If the actual customers, which currently consist mostly of ad companies, aren't interested, then they have a serious problem indeed.
- SoftwareMaven 14y agoWhile there is a nugget of truth in that quote, it is also a vast simplification. There is a (somewhat) symbiotic relationship between FB, you, and FB's advertisers. If any one of them are abused too badly, the combined organism will die. That means FB has to create a product people are interested in using and has to protect their privacy just enough while giving their advertisers what they need to successfully market products.
- _sh 14y agoThis god-awful meme assumes 'payment' is made only in cash, fails to grasp the nuances of marketing, sweeps aside the subtleties of non-cash transactions, and is such a silly oversimplification that it is almost entirely meaningless.