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If people were paid fairly for this data then these companies wouldn't exist. I'm not saying this is good or bad, but you'd turn around and be charged to use the service.

Interesting side question, how do you see market forces working to set a proper payment for data to users? Right now Facebook is essentially saying your data is worth free photos and being advertised and propogandized and people seem to accept that. How does this not become the standard of exchange in your system for any popular network effect service?




>"Right now Facebook is essentially saying your data is worth free photos and being advertised and propogandized and people seem to accept that. How does this not become the standard of exchange in your system for any popular network effect service?"

The point would be that people started valuing their data "correctly". I don't know how high that is but it must be worth much more than free web hosting or else these companies wouldn't have gotten so huge.




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