Somehow the fundamentals of places like linkedin, gmail, google, facebook, etc have eluded people.
1. they are selling you as a target.
2. some people, governments, groups, whatever are willing to pay a lot of money to obtain information about you.
3. why would someone pay good money to target you unless they were going to profit from doing so. are they stupid? no.
4. where does that profit come from? If some one is willing to pay $100 to target you, how are they going to recoup that money?
5. From you.
There is simply no other way this can have worked for this long without this being true.
It is a long causal change, so it is fair to ask whether there is any empirical evidence. If this is true we would expect to see ...? Well how about prices going up? Well how about in general people are less able to afford housing, food, cars, etc.
I'm speculating here, but perhaps it is predictability. There is a common time warp fantasy about being able to go back and guess the future. You go back and bet on a sports game. If I can predict what you are going to do then I can place much more profitable bets.
Do the corporations that participate in this scheme provide mutual economic benefit? Do they contribute to the common wealth or are they parasitical?
No one likes to think they have parasites. But we all do these days.
Beautifully written, I saved your post to send the next friend or relative who asks me why I am so hard-over on privacy. I enjoyed working at Google hears ago as a contractor, and they are my ‘favorite’ tech company - the only mega-tech company who’s services I regularly use, but I am constantly mindful of their business model as I use YouTube, GCP, and their various dev APIs.
> 1. they are selling you as a target.
This is why people sign up for LinkedIn.
They want to be targeted by companies for jobs. Or when they’re applying for a job, they want to be easily found by people at that company so they can see more information.
If you don’t want those things, you don’t need a LinkedIn page.
> Do the corporations that participate in this scheme provide mutual economic benefit? Do they contribute to the common wealth or are they parasitical?
You wrote a long hand wavey post but you stopped short of answering your own question.
The corporations who pay LinkedIn are doing so to recruit people for jobs. I’ve purchased LinkedIn premium for this purpose at different times.
After “targeting” those LinkedIn users, I eventually hired some of them for jobs. There’s your mutual economic benefit. This is why people use LinkedIn.
> It is a long causal change, so it is fair to ask whether there is any empirical evidence. If this is true we would expect to see ...? Well how about prices going up? Well how about in general people are less able to afford housing, food, cars, etc.
You think the root cause of inflation is… social media companies? This is an extraordinary claim that requires extraordinary evidence. You’re just observing two different things and convinced they’re correlated, while ignoring the obvious rebuttal that inflation existed and affordability changes happened before social media.
> Somehow the fundamentals of places like linkedin, gmail, google, facebook, etc have eluded people.
I think most people understand the fundamentals of LinkedIn better than you do, to be honest. It’s not a mystery why people sign up and maintain profiles.
well said. You are the product not the consumer. "Soylent green is people!"
> Somehow the fundamentals of places like linkedin, gmail, google, facebook, etc have eluded people.
LinkedIn is slightly different, as it's fundamentally framed as a job board and recruiting platform. The paying customers are recruiters, and the product is access to the prospective candidates. Hence, LinkedIn offering for free services such as employee verification, work history verificarion, employee vouching, etc.
Here’s the problem I have with your take (even if I agree): LinkedIn has a product to sell. You’re not supposed to be the product, because companies pay to advertise job postings, they sell career tools, sales tools, etc.
At what point is that not enough for them to stop doing data brokerage or sharing?