Dollar Value of a Datamined "Free" Service User?
Many companies do not charge users of their services. They say things like "It's free and always will be." Pick any "free" service... Facebook, Google, Yahoo, Match, Reddit, the list goes on and on. Only the smallest of free services can be supported by someone's personal funds. So for larger services it's well understood that if their users aren't paying them, the money must come from somewhere. The old model answer of former years was advertising through page ads, clickstreams, referrals and those sorts of obvious and observable things. Combined with burning off stock market offerings. The new model answer includes all the former ways, plus much deeper profiling and analysis of users, their pictures, messages, interests, locations, etc... all done on the secret unobservable corporate backend, and selling off that metadata to the highest bidders. And perhaps more dollars from simply lying, violating their publicly posted hole ridden privacy policies, and selling directly identifiable user data as well. Or say taking immunity from prosecution from having given/sold it away to cozy governments. All of which have monetary values associated with them. Companies also hide their revenue, costs, and their "active in last three months" vs "dead user" numbers. Some usable public statements and government/market filings are available. And datacenter and employee costs can be approximated. There is current value analysis, such as in selling what's hot by this months clicks. And future/lifetime value analysis, such as Target datamining for pregnant women to own. There are also dataset specific values, such as names and addresses vs political alignments. The values could be represented in $dollars per month per user. Anyway, question... Anyone have links to studies made within the last five years that have attempted to calculate the dollar value of datamined users?
Interesting topic, I did read about something similar before... but I couldn't find the link now... As far as I remember they calculated $80/per_user last year only in gmail but I believe is debatable because I believe there are implicit and explicit revenue. For example, if you do a google-search about gmail-revenues you will find a lot of people saying that gmail doesn't make money at all..However, they are weighting the whole thing as standalone...and they must consider Google as a whole...not only gmail...because it wouldn't be fair...and in the end is kind simple the idea: whatever the app is drive, gmail, youtube... they are just channels for data-collection in different-forms...you can later crunched/mined/metadata for selling to advertisers... On Tue, 24 Feb 2015, grarpamp wrote:
Many companies do not charge users of their services. They say things like "It's free and always will be."
Pick any "free" service... Facebook, Google, Yahoo, Match, Reddit, the list goes on and on.
Only the smallest of free services can be supported by someone's personal funds. So for larger services it's well understood that if their users aren't paying them, the money must come from somewhere.
The old model answer of former years was advertising through page ads, clickstreams, referrals and those sorts of obvious and observable things. Combined with burning off stock market offerings.
The new model answer includes all the former ways, plus much deeper profiling and analysis of users, their pictures, messages, interests, locations, etc... all done on the secret unobservable corporate backend, and selling off that metadata to the highest bidders.
And perhaps more dollars from simply lying, violating their publicly posted hole ridden privacy policies, and selling directly identifiable user data as well. Or say taking immunity from prosecution from having given/sold it away to cozy governments.
All of which have monetary values associated with them.
Companies also hide their revenue, costs, and their "active in last three months" vs "dead user" numbers.
Some usable public statements and government/market filings are available. And datacenter and employee costs can be approximated.
There is current value analysis, such as in selling what's hot by this months clicks. And future/lifetime value analysis, such as Target datamining for pregnant women to own. There are also dataset specific values, such as names and addresses vs political alignments.
The values could be represented in $dollars per month per user.
Anyway, question...
Anyone have links to studies made within the last five years that have attempted to calculate the dollar value of datamined users?
Dnia wtorek, 24 lutego 2015 23:51:52 grarpamp pisze:
(...) Anyone have links to studies made within the last five years that have attempted to calculate the dollar value of datamined users?
Have a look around here: http://www.inrialpes.fr/planete/people/lukasz/ -- Pozdrawiam, Michał "rysiek" Woźniak Zmieniam klucz GPG :: http://rys.io/pl/147 GPG Key Transition :: http://rys.io/en/147
On Sun, Apr 5, 2015 at 12:14 PM, rysiek
Dnia wtorek, 24 lutego 2015 23:51:52 grarpamp pisze:
Anyone have links to studies made within the last five years that have attempted to calculate the dollar value of datamined users?
Have a look around here: http://www.inrialpes.fr/planete/people/lukasz/
http://www.pcworld.com/article/2901028/radioshack-puts-customers-personal-da... Privacy policies are obviously a scam.
On Sun, Apr 5, 2015 at 1:47 PM, grarpamp
http://www.pcworld.com/article/2901028/radioshack-puts-customers-personal-da...
Privacy policies are obviously a scam.
http://www.radioshack.com/terms-and-conditions/terms.html http://www.radioshack.com/privacy-policy/privacy.html Information sharing and disclosure Agents, employees and contractors of RadioShack who have access to personally identifiable information are required to protect this information in a manner that is consistent with this Privacy Policy and the high standards of the corporation. Information about you specifically will not be used for any purpose other than to carry out the services you requested from RadioShack and its affiliates. All of our affiliates have agreed to maintain the security and confidentiality of the information we provide to them. We will not sell or rent your personally identifiable information to anyone at any time. We will not use any personal information beyond what is necessary to assist us in delivering to you the services you have requested. We may send personally identifiable information about you to other organizations when: We have your consent to share the information (you will be provided the opportunity to opt-out if you desire). For example, if you opt-in for emails we will share this information with our marketing provider. We need to share your information in order to provide the product or service you have requested. For example, we need to share information with credit card providers and shippers to bill and ship the product you requested. We are required to do so by law, for example, in response to a court order or subpoena. whatever
| > http://www.pcworld.com/article/2901028/radioshack-puts-customers-personal-da... | > | > Privacy policies are obviously a scam. Any policy lasts as long as the entity whose policy it is lasts. Have you an alternative in mind that delivers immortality? Perhaps a different but similar example: A certifying authority goes bankrupt. Who gets the keys? --dan
Dnia wtorek, 7 kwietnia 2015 17:31:54 dan@geer.org pisze:
| > http://www.pcworld.com/article/2901028/radioshack-puts-customers-person | > al-data-up-for-sale-in-bankruptcy-auction.html | > | > Privacy policies are obviously a scam.
Any policy lasts as long as the entity whose policy it is lasts. Have you an alternative in mind that delivers immortality?
Putting users in control, instead of "entities".
Perhaps a different but similar example: A certifying authority goes bankrupt. Who gets the keys?
Nobody should have the keys, there should be no certifying authority. We know how to do that already while preserving trust, confidentiality and coherence of communication. -- Pozdrawiam, Michał "rysiek" Woźniak Zmieniam klucz GPG :: http://rys.io/pl/147 GPG Key Transition :: http://rys.io/en/147
On Tue, Apr 7, 2015 at 5:31 PM,
| > http://www.pcworld.com/article/2901028/radioshack-puts-customers-personal-da... | > | > Privacy policies are obviously a scam.
Any policy lasts as long as the entity whose policy it is lasts. Have you an alternative in mind that delivers immortality?
Bankruptcy is a financial play and is prior to and different from actual termination of the legal existance at the secretary of state. Until then could sue for breach of contract/policy and possibly be awarded injunction against sale, proceeds from sale as damages, etc. Since the value of it has at that point been zeroed, then, as with the subsequent legal status, the seeming ethical contract action is that remaining data should vaporize. Another perspective... the IA and similar projects. https://en.wikipedia.org/wiki/Internet_Archive
Who gets the keys?
Depends on your contract with the CA.
Dnia niedziela, 5 kwietnia 2015 13:47:49 grarpamp pisze:
On Sun, Apr 5, 2015 at 12:14 PM, rysiek
wrote: Dnia wtorek, 24 lutego 2015 23:51:52 grarpamp pisze:
Anyone have links to studies made within the last five years that have attempted to calculate the dollar value of datamined users?
Have a look around here: http://www.inrialpes.fr/planete/people/lukasz/
http://www.pcworld.com/article/2901028/radioshack-puts-customers-personal-da ta-up-for-sale-in-bankruptcy-auction.html
Privacy policies are obviously a scam.
No shit: http://rys.io/en/143 ;) -- Pozdrawiam, Michał "rysiek" Woźniak Zmieniam klucz GPG :: http://rys.io/pl/147 GPG Key Transition :: http://rys.io/en/147
participants (4)
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dan@geer.org
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grarpamp
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JP
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rysiek