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by SamuelAdams
2545 days ago
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That's one of the amazing things about social media. It has the largest unpaid workforce in history - bigger even than the slave trade. Companies aren't getting billions of dollars in stock valuations because of their 50 or so really smart employees: they're getting billions because of their user's data, and their users willingness to continuously cultivate and update that data. That's what makes Facebook data so valuable: it's up to date and it's very detailed, all thanks to the billions of people who contribute to it. |
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