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RE: Big Tech Monopolies Getting Plenty Of Attention

in LeoFinance4 years ago

People majorly don't care about what happens to their data and this is this most painful part. It's such a Shame that these centralised entities uses people's information, sells them and the worst is not even giving them an opportunity to benefit from theses monies. Take Facebook for example, all the money it generates hardly enriches anyone. I made a search on Google once about a product and Facebook kept on Showing me ads about that particular product.

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I was reading Facebooks response to the Netflix doco "Social Dilemma". Their argument is the revenue they earn from people on their platform is used to ensure the platform stays free for use to everyone.
I deleted my facebook account month ago, I have withdrawals LOL

They're really crazy for saying that. So if they don't make it free how will they maintain their users?

Subscription.

And to prove that point if you go to YouTube these days you will get the message for subscription so you don't have to watch ads.
Hence before Justin Sun got involved with Steem. The ads appearing on Steemit website higlighted to me the slow degradation of the platform prior to takeover. Highlights the need for money.