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this post was submitted on 26 Jul 2023
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So glad I avoid Meta products. I doubt they will be satisfied until they can live sell your data and display ads while you use the product.
Those are two very different things. Advertising giants don't actually "sell" your data, it's really not in their best interest, they make money by being the only ones with your data.
So... they sell, lease, etc either your data or some value added bullshit services or products based on your data for a higher price due to monopoly?
No, they sell advertment slots to advertisers with promise of higher ad interaction, a promise they can keep because they target those advertisements to users that are more likely to interact with them using user data. User data isn't sold, leased, whatever you want to call it.
Also, technically not entirely a monopoly because there are quite a few tech giants that operate like this. Oligopoly would be the correct term.