• @yxzi
    link
    8
    edit-2
    3 years ago

    while more people are becoming aware how much their data is worth, it is crucial to know what to do with that information/how to act accordingly. for many facebook & instagram users it’s probably just “meh, ads are fine as long as I don’t have to pay” (see https://www.theverge.com/2021/5/2/22415824/facebook-instagram-notice-ios-apps-free-privacy-tracking). However, as advertising slowly becomes the norm, those platforms just turn into giant advertising platforms with less and less actual content (that you initially agreed to pay for with your data). the deal is becoming more and more unfair. so if you get actual money for your data instead of close to nothing, sure thing. the question here is how much money is enough to be reimbursed for the damage caused.

  • @ganymede
    link
    7
    edit-2
    3 years ago

    Great to see this discussion even taking place. But I’m willing to bet the multiple resale value of our data is currently well above $1k/year per person.

    But hopefully these groups get some traction, and some healthy competition and we’ll see where it goes…