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comment by user-inactivated
user-inactivated  ·  231 days ago  ·  link  ·    ·  parent  ·  post: The bounty of the tech industry

Yeah, it's ridiculous. A typical libertarian screed you'd see from econtalk. Essentially the argument is it's free, and sacrificing your data and privacy isn't an actual cost. So where are these companies making money then?

If you value your privacy and data, it is a cost. At this point it's just nitpicking over value judgments. The kind that economists refuse to believe are important in society to try and have some artificial moral high ground. Similarly, when I go to work, I love it, so it's not actually sacrificing anything for money! ROFLcopter.

wasoxygen  ·  230 days ago  ·  link  ·  

    sacrificing your data and privacy isn't an actual cost

I don’t see where he claims this. He suggests that many people consider the cost so low it is practically nothing — I think this is probably true for many people who happily provide access to their data in exchange for perceived benefits.

If you indeed value your privacy and data more than the benefits you get by sharing them, you can refrain from using the services. In my experience, most people are willing to get the grocery store discount card to get cheaper bananas.