FB Makes $50 a Quarter off Your Personal Information

[NJCher]

That's what Amy Klobuchar just said on Rachel, hosted tonight by Mehdi.

$200 a year from every FB user.

[grumpyduck]

1. Not from my personal information.

There isn't any on there. I don't do FB.

But curious as to where she she got her information.

[NJCher]

2. the information is from Facebook

It was told to them in the hearings today.

[lostnfound]

8. FB creates profiles of people who have never used their site

If an acquaintance of yours has your contact info in their address book on their phone, and clicks “yes” to accessing their contacts so they can ‘find their friends’, you can end up with a shadow profile in their database. Linking you to a couple people who DO use Facebook, or linking your shadow profile with externally sourced information, they can accumulate data about you even if you never agreed to be on their platform.

[dweller]

3. Well, good luck to them

FB always sees me 200+ miles west of where I live, don’t know why, don’t care…

dumbasses

✌🏻

[marble falls]

4. Where's my royalties??? I'll settle for $75.

[boston bean]

5. What does $50 a Quarter mean?

[Pantagruel]

6. FB has 2.89 BILLION users

Last 12 months reported approx. 100 B in revenue.
Someone has bad numbers.

[Hoyt]

7. Doesn't bother me, but can see why others might balk. Honestly, recently

I’ve been looking up stuff I could use on an upcoming trip, musical instrument, etc. Darn if FB’s algorithms haven’t figured that out. I’ve gotten some really good suggestions through their algorithms.

With that said, I recognize— and am concerned— about some not so positive aspects of FB, and just about every site on the internet.

Fortunately, don’t think most people are too stupid to sort out the BS and lies. Now it’s another question whether they care.

I also worry about young kids, the mentally frail, etc., who might not handle the BS on social media.