GuyInTaiwan wrote:Okay, but again, maybe this is where I am different to most people.
If they sell data, it's presumably for marketing purposes. If they have an ad on a site, it's presumably for marketing purposes. Yet if a person (including some family members, friends of friends, etc.) sends me an unsolicited email, it goes straight in the trash folder. I get dozens of unsolicited emails per day and they all go straight in the trash folder. I can't remember the last time I clicked an ad on a website and actually bought something that I hadn't already set out to buy.
I still don't really get their business model. It seems like smoke and mirrors to me.
It's about advertising as well the sale of your information. Every time one of your friends adds an app (a game or what have you), they allow companies that own the app access to your profile (what your friends can see). That means not only your name and whatever other details you might have put on there, but your pictures and video as well as your friends list.
All of this may seem harmless right now, but what about the future? Facial recognition programs have already started to become reality. How about when these are used to market to you when you are walking down the street? That's just one possibility.
And that's why Facebook and companies like it are so hugely profitable. They store complete profiles of who you are, what your hobbies and interests are, who you are friends with (and what your friends' interests are), what you look like, etc. and all of this information is priceless to marketing companies now and even moreso in the future as technology develops further.