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by pixodaros
1225 days ago
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None of those things was Facebook or Twitter's business, because none was how they make money. Facebook and Twitter are for-proffit businesses, and for almost all of their history the money has come from selling advertising and surveillance (its pretty clear that birdsite guy never understood that twitter users are his products and advertisers are his customers). There are not many alternatives if you want to provide a centralized global service for tens of millions of users. So my web presence focuses on things hosted by small companies or run by community members, not on giant 'free' corporate services. |
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The thing is, all of these companies make money by arbitraging value consumed by the end users versus value produced by advertisers. It’s a two sided market, except that consumers pay in attention rather than currency.
It’s catchy - and probably true - to say that if you aren’t paying, “then you are the product”. But these companies still need a quality product or, eventually, the advertising and data collection is not valuable to those with money.
Which is what we seem to be seeing with Twitter.
Abusing end users is a very short sighted strategy, even if they’re not paying.