|
|
|
|
|
by ouid
3289 days ago
|
|
Let's split the difference. It's like your accountant preparing your tax return in exchange for using that tax return to develop a model of your spending habits. The value of this model is more than the cost of them doing your tax returns, and in fact is such that if you were simply to collect that data yourself, sell it on the open market, and spend a portion of the proceeds on the tax prep service, you would end up with profit, and the tax prep service would still exist. |
|
Economies of scale; the market for that data would not exist if individuals collected it themselves to sell. Hence would break down.
Phrased another way; this data about 1 person is relatively valueless.
(I like the rest of your example BTW; just disagree with your conclusion)