this post was submitted on 05 Jan 2024
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Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ

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or even pseudo-incriminated for attempting to maintain our own life.

It seems so stupid that I'm like a suspect for wanting an exchange of information without dropping my pants and bending over. No, I don't want cookies. Yes I want to read the article but no, I don't want to "sign up."

It makes me feel like being a f*cking hermit. But I prefer to pirate. Even though I'm not that good at it. Screw them. I got two private trackers, a VPN, and I hope that's enough.

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[–] TWeaK@lemm.ee 2 points 10 months ago (1 children)

As far as I'm aware the valuation is just data brokering - ie, the people collecting data from apps and selling to advertisers.

[–] iopq@lemmy.world 3 points 10 months ago (1 children)

Then I don't believe it, Google makes about 200B in advertising revenue a year, serving about a quarter of the internet ads.

Advertising online is not even a trillion dollar market, how can just the data be bigger? Maybe if you count it being sold resold ten times

[–] TWeaK@lemm.ee 2 points 9 months ago

I've finally run some actual numbers, after finding a source for the data brokerage industry value (much lower, $319 billion in 2021). The link to your instance's version is here: https://lemmy.world/post/10892972

TL;DR my conservative estimate is that every user is owed roughly $40 per year - but this doesn't include Google or other businesses who keep and exploit proprietary datasets, rather than selling the raw data.