Symfony Profiler

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        +name: "piracy@lemmy.dbzer0.com"
        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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        date: 2024-09-20 12:23:15.0 +02:00
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        date: 2024-01-19 05:28:37.0 +01:00
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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      -bodyTs: "'ad':65 'buy':49 'cash':57 'data':40 'defi':90 'enjoy':6 'everyon':81 'general':84 'gist':9 'happen':24 'heard':33,71 'hope':21 'intent':37 'item':55 'legisl':13 'let':19 'level':29 'machin':92 'make':38 'mean':12 'might':77 'much':72 'need':14 'never':48 'peopl':35 'perfect':1 'person':28 'profil':68 'protect':94 'purchas':54 'reach':7 'recommend':52 'relev':2 'strategi':46,75 'thank':3 'thought':85 'use':82 'useless':41 'work':79 'written':17"
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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        +name: "piracy@lemmy.dbzer0.com"
        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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      +cross: false
      +upVotes: 0
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      +ranking: 1705724917
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      +apId: "https://lemm.ee/post/21285233"
      +editedAt: DateTimeImmutable @1726827795 {#3325
        date: 2024-09-20 12:23:15.0 +02:00
      }
      +createdAt: DateTimeImmutable @1705638517 {#3327
        date: 2024-01-19 05:28:37.0 +01:00
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      +__isInitialized__: true
       …2
    }
    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
    +image: null
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    +root: Proxies\__CG__\App\Entity\EntryComment {#2508
      +user: App\Entity\User {#265}
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      +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
      +image: null
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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        "@TWeaK@lemm.ee"
      ]
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      -id: 323377
      -bodyTs: "'ad':65 'buy':49 'cash':57 'data':40 'defi':90 'enjoy':6 'everyon':81 'general':84 'gist':9 'happen':24 'heard':33,71 'hope':21 'intent':37 'item':55 'legisl':13 'let':19 'level':29 'machin':92 'make':38 'mean':12 'might':77 'much':72 'need':14 'never':48 'peopl':35 'perfect':1 'person':28 'profil':68 'protect':94 'purchas':54 'reach':7 'recommend':52 'relev':2 'strategi':46,75 'thank':3 'thought':85 'use':82 'useless':41 'work':79 'written':17"
      +ranking: 0
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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      date: 2023-10-06 06:09:46.0 +02:00
    }
  }
  "showAvatar" => false
]

App\Twig\Components\UserInlineComponent {#3355
  +user: App\Entity\User {#265
    +avatar: null
    +cover: null
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    +username: "@wowwoweowza@lemmy.ml"
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    +markedForDeletionAt: null
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    +customCss: null
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    +moderatorTokens: Doctrine\ORM\PersistentCollection {#253 …}
    +magazineOwnershipRequests: Doctrine\ORM\PersistentCollection {#249 …}
    +moderatorRequests: Doctrine\ORM\PersistentCollection {#238 …}
    +entries: Doctrine\ORM\PersistentCollection {#196 …}
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    +blockedMagazines: Doctrine\ORM\PersistentCollection {#1857 …}
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      date: 2023-10-06 06:09:46.0 +02:00
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  +showAvatar: false
}

[
  "date" => DateTimeImmutable @1705767767 {#2374
    date: 2024-01-20 17:22:47.0 +01:00
  }
]

App\Twig\Components\DateComponent {#3493
  +date: DateTimeImmutable @1705767767 {#2374
    date: 2024-01-20 17:22:47.0 +01:00
  }
}

[
  "createdAt" => DateTimeImmutable @1705767767 {#2374
    date: 2024-01-20 17:22:47.0 +01:00
  }
  "editedAt" => null
]

App\Twig\Components\DateEditedComponent {#3557
  +createdAt: DateTimeImmutable @1705767767 {#2374
    date: 2024-01-20 17:22:47.0 +01:00
  }
  +editedAt: null
}

[
  "magazine" => Proxies\__CG__\App\Entity\Magazine {#2128
    +icon: Proxies\__CG__\App\Entity\Image {#3415 …}
    +name: "piracy@lemmy.dbzer0.com"
    +title: "piracy"
    +description: """
      ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
      \n
      ---\n
      \n
      ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
      \n
      **1**. Posts must be related to the discussion of digital piracy\n
      \n
      **2**. Don’t request invites, trade, sell, or self-promote\n
      \n
      **3**. Don’t request or link to specific pirated titles, including DMs\n
      \n
      **4**. Don’t submit low-quality posts, be entitled, or harass others\n
      \n
      **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
      \n
      ---\n
      \n
      [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
      ---------------------------------------------------------------------------\n
      \n
      ### Loot, Pillage, & Plunder\n
      \n
      - [📜 Megathread](https://rentry.co/megathread)\n
      - [🪶 FAQ](https://rentry.co/piracy-faq)\n
      - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
      - [🪶 Rules](https://rentry.co/piracy-rules)\n
      \n
      ---\n
      \n
      💰 Please help cover server costs.\n
      \n
      [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
      \n
      ---
      """
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      date: 2024-10-01 15:19:04.021735 UTC (+00:00)
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      date: 2024-02-24 07:17:09.0 +01:00
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    }
    +__isInitialized__: true
     …2
  }
]

App\Twig\Components\MagazineInlineComponent {#3622
  +magazine: Proxies\__CG__\App\Entity\Magazine {#2128
    +icon: Proxies\__CG__\App\Entity\Image {#3415 …}
    +name: "piracy@lemmy.dbzer0.com"
    +title: "piracy"
    +description: """
      ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
      \n
      ---\n
      \n
      ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
      \n
      **1**. Posts must be related to the discussion of digital piracy\n
      \n
      **2**. Don’t request invites, trade, sell, or self-promote\n
      \n
      **3**. Don’t request or link to specific pirated titles, including DMs\n
      \n
      **4**. Don’t submit low-quality posts, be entitled, or harass others\n
      \n
      **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
      \n
      ---\n
      \n
      [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
      ---------------------------------------------------------------------------\n
      \n
      ### Loot, Pillage, & Plunder\n
      \n
      - [📜 Megathread](https://rentry.co/megathread)\n
      - [🪶 FAQ](https://rentry.co/piracy-faq)\n
      - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
      - [🪶 Rules](https://rentry.co/piracy-rules)\n
      \n
      ---\n
      \n
      💰 Please help cover server costs.\n
      \n
      [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
      \n
      ---
      """
    +rules: null
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    }
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    +moderators: Doctrine\ORM\PersistentCollection {#3416 …}
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      date: 2024-02-24 07:17:09.0 +01:00
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    }
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     …2
  }
  +showTitle: true
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}

[
  "entry" => Proxies\__CG__\App\Entity\Entry {#2373
    +user: Proxies\__CG__\App\Entity\User {#2937 …}
    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128
      +icon: Proxies\__CG__\App\Entity\Image {#3415 …}
      +name: "piracy@lemmy.dbzer0.com"
      +title: "piracy"
      +description: """
        ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
        \n
        ---\n
        \n
        ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
        \n
        **1**. Posts must be related to the discussion of digital piracy\n
        \n
        **2**. Don’t request invites, trade, sell, or self-promote\n
        \n
        **3**. Don’t request or link to specific pirated titles, including DMs\n
        \n
        **4**. Don’t submit low-quality posts, be entitled, or harass others\n
        \n
        **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
        \n
        ---\n
        \n
        [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
        ---------------------------------------------------------------------------\n
        \n
        ### Loot, Pillage, & Plunder\n
        \n
        - [📜 Megathread](https://rentry.co/megathread)\n
        - [🪶 FAQ](https://rentry.co/piracy-faq)\n
        - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
        - [🪶 Rules](https://rentry.co/piracy-rules)\n
        \n
        ---\n
        \n
        💰 Please help cover server costs.\n
        \n
        [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
        \n
        ---
        """
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        date: 2024-10-01 15:19:04.021735 UTC (+00:00)
      }
      +markedForDeletionAt: null
      +tags: null
      +moderators: Doctrine\ORM\PersistentCollection {#3416 …}
      +ownershipRequests: Doctrine\ORM\PersistentCollection {#3418 …}
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      -id: 51
      +apId: "piracy@lemmy.dbzer0.com"
      +apProfileId: "https://lemmy.dbzer0.com/c/piracy"
      +apPublicUrl: "https://lemmy.dbzer0.com/c/piracy"
      +apFollowersUrl: "https://lemmy.dbzer0.com/c/piracy/followers"
      +apInboxUrl: "https://lemmy.dbzer0.com/inbox"
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      +apPreferredUsername: "piracy"
      +apDiscoverable: true
      +apManuallyApprovesFollowers: null
      +privateKey: null
      +publicKey: null
      +apFetchedAt: DateTime @1708755429 {#3413
        date: 2024-02-24 07:17:09.0 +01:00
      }
      +apDeletedAt: null
      +apTimeoutAt: null
      +visibility: "visible             "
      +createdAt: DateTimeImmutable @1697197339 {#3414
        date: 2023-10-13 13:42:19.0 +02:00
      }
      +__isInitialized__: true
       …2
    }
    +image: null
    +domain: Proxies\__CG__\App\Entity\Domain {#2394 …}
    +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
    +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
    +url: null
    +body: """
      I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
      \n
      Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
      \n
      Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
      \n
      Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
      \n
      Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
      \n
      ---\n
      \n
      To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
      \n
      Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
      \n
      ---\n
      \n
      When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
      \n
      One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
      \n
      [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
      """
    +type: "article"
    +lang: "en"
    +isOc: false
    +hasEmbed: false
    +commentCount: 27
    +favouriteCount: 260
    +score: 0
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    +sticky: false
    +lastActive: DateTime @1727175793 {#3328
      date: 2024-09-24 13:03:13.0 +02:00
    }
    +ip: null
    +adaAmount: 0
    +tags: null
    +mentions: null
    +comments: Doctrine\ORM\PersistentCollection {#3333 …}
    +votes: Doctrine\ORM\PersistentCollection {#3336 …}
    +reports: Doctrine\ORM\PersistentCollection {#3338 …}
    +favourites: Doctrine\ORM\PersistentCollection {#3340 …}
    +notifications: Doctrine\ORM\PersistentCollection {#3342 …}
    +badges: Doctrine\ORM\PersistentCollection {#3344 …}
    +children: []
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]

App\Twig\Components\EntryInlineComponent {#3685
  +entry: Proxies\__CG__\App\Entity\Entry {#2373
    +user: Proxies\__CG__\App\Entity\User {#2937 …}
    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128
      +icon: Proxies\__CG__\App\Entity\Image {#3415 …}
      +name: "piracy@lemmy.dbzer0.com"
      +title: "piracy"
      +description: """
        ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
        \n
        ---\n
        \n
        ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
        \n
        **1**. Posts must be related to the discussion of digital piracy\n
        \n
        **2**. Don’t request invites, trade, sell, or self-promote\n
        \n
        **3**. Don’t request or link to specific pirated titles, including DMs\n
        \n
        **4**. Don’t submit low-quality posts, be entitled, or harass others\n
        \n
        **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
        \n
        ---\n
        \n
        [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
        ---------------------------------------------------------------------------\n
        \n
        ### Loot, Pillage, & Plunder\n
        \n
        - [📜 Megathread](https://rentry.co/megathread)\n
        - [🪶 FAQ](https://rentry.co/piracy-faq)\n
        - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
        - [🪶 Rules](https://rentry.co/piracy-rules)\n
        \n
        ---\n
        \n
        💰 Please help cover server costs.\n
        \n
        [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
        \n
        ---
        """
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    +domain: Proxies\__CG__\App\Entity\Domain {#2394 …}
    +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
    +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
    +url: null
    +body: """
      I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
      \n
      Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
      \n
      Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
      \n
      Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
      \n
      Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
      \n
      ---\n
      \n
      To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
      \n
      Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
      \n
      ---\n
      \n
      When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
      \n
      One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
      \n
      [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
      """
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      date: 2024-01-19 05:28:37.0 +01:00
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    +__isInitialized__: true
     …2
  }
}

[
  "user" => App\Entity\User {#265
    +avatar: null
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    +email: "wowwoweowza@lemmy.ml"
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    +moderatorTokens: Doctrine\ORM\PersistentCollection {#253 …}
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]

App\Twig\Components\UserAvatarComponent {#3748
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        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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        date: 2024-09-20 12:23:15.0 +02:00
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      +createdAt: DateTimeImmutable @1705638517 {#3327
        date: 2024-01-19 05:28:37.0 +01:00
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    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
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      +user: App\Entity\User {#265}
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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]

App\Twig\Components\VoteComponent {#3849
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        +name: "piracy@lemmy.dbzer0.com"
        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +domain: Proxies\__CG__\App\Entity\Domain {#2394 …}
      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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      +cross: false
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      +editedAt: DateTimeImmutable @1726827795 {#3325
        date: 2024-09-20 12:23:15.0 +02:00
      }
      +createdAt: DateTimeImmutable @1705638517 {#3327
        date: 2024-01-19 05:28:37.0 +01:00
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       …2
    }
    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
    +image: null
    +parent: Proxies\__CG__\App\Entity\EntryComment {#2509 …}
    +root: Proxies\__CG__\App\Entity\EntryComment {#2508
      +user: App\Entity\User {#265}
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      +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
      +image: null
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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        "@TWeaK@lemm.ee"
      ]
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      -id: 323377
      -bodyTs: "'ad':65 'buy':49 'cash':57 'data':40 'defi':90 'enjoy':6 'everyon':81 'general':84 'gist':9 'happen':24 'heard':33,71 'hope':21 'intent':37 'item':55 'legisl':13 'let':19 'level':29 'machin':92 'make':38 'mean':12 'might':77 'much':72 'need':14 'never':48 'peopl':35 'perfect':1 'person':28 'profil':68 'protect':94 'purchas':54 'reach':7 'recommend':52 'relev':2 'strategi':46,75 'thank':3 'thought':85 'use':82 'useless':41 'work':79 'written':17"
      +ranking: 0
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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        +name: "piracy@lemmy.dbzer0.com"
        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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        date: 2024-09-20 12:23:15.0 +02:00
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      +createdAt: DateTimeImmutable @1705638517 {#3327
        date: 2024-01-19 05:28:37.0 +01:00
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    }
    +magazine: Proxies\__CG__\App\Entity\Magazine {#2128 …2}
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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        +name: "piracy@lemmy.dbzer0.com"
        +title: "piracy"
        +description: """
          ##### ⚓ Community devoted to in-depth debate on topics concerning digital piracy, ethical problems, and legal advancements.\n
          \n
          ---\n
          \n
          ### Rules • [Full Version](https://rentry.co/piracy-rules)\n
          \n
          **1**. Posts must be related to the discussion of digital piracy\n
          \n
          **2**. Don’t request invites, trade, sell, or self-promote\n
          \n
          **3**. Don’t request or link to specific pirated titles, including DMs\n
          \n
          **4**. Don’t submit low-quality posts, be entitled, or harass others\n
          \n
          **5**. Don’t post questions already answered. READ THE [WIKI](https://lemmy.dbzer0.com/post/10901)\n
          \n
          ---\n
          \n
          [![](https://a.imagem.app/oZoQ1v.png)](https://lemmy.dbzer0.com/post/10901)\n
          ---------------------------------------------------------------------------\n
          \n
          ### Loot, Pillage, & Plunder\n
          \n
          - [📜 Megathread](https://rentry.co/megathread)\n
          - [🪶 FAQ](https://rentry.co/piracy-faq)\n
          - [🪶 ISP Complaints](https://rentry.co/piracy-isp-complaints)\n
          - [🪶 Rules](https://rentry.co/piracy-rules)\n
          \n
          ---\n
          \n
          💰 Please help cover server costs.\n
          \n
          [![Ko-Fi](https://lemmy.dbzer0.com/pictrs/image/4a2f073a-3dd8-492a-942d-72bd929c9f1d.png)](https://ko-fi.com/dbzer0)[![Liberapay](https://lemmy.dbzer0.com/pictrs/image/eec4659d-39be-4fc9-bc9e-66a96285ea2c.png)](https://liberapay.com/db0/)\n
          \n
          ---
          """
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      +slug: "So-I-finally-did-the-math-on-data-brokerage-and"
      +title: "So I finally did the math on data brokerage and worked out how much we're all being robbed"
      +url: null
      +body: """
        I know this isn’t *strictly* piracy related, I apologise, but I think it is tangentally related in that piracy protects you from data theft by avoiding the services the biggest thieves operate. Also, I feel like people here might be very interested in this take.\n
        \n
        Apparently, the “legal” data brokerage industry was worth $319 billion in 2021, and is predicted to be worth $545 billion in 2028.[^1]\n
        \n
        Meanwhile, in 2021 there were only 7.9 billion people in the world[^2] - many of whom do not have internet access or have very little data being traded. If we generously assume 6 billion people have equal volumes of data being traded, that means **each person’s data is worth $53.17 per year on the market.**\n
        \n
        Data is effectively stolen from people. We do not get anything in return for it. We may be offered access to a website free of charge, but that is a separate transaction - it is not appropriate for another transaction to be hidden in the fine print of the terms and conditions. When you buy insurance, the key terms have to be front and centre - you pay x, you get y service. Not “You can have y for free!!! ^(But^ ^also^ ^you^ ^give^ ^us^ ^x^ ^for^ ^free.)^” You’re supposed to be able to compare the value of the things being traded.\n
        \n
        Bearing in mind that this is merely data brokerage, not actual processing or deriving any value from the data, a simple profit margin can be applied. They simply collect the data - easily and at low cost through automated processes - and then sell it. If businesses still took a very generous 30% profit (rather than a ludicrous infinite and pure profit) then **the value of an average person’s data that they are owed is around $40 per year.**\n
        \n
        ---\n
        \n
        To run the other numbers to check, the global population in 2028 is predicted to be 8.4 billion - a growth of 6.329%. So our 6 billion population would become 6.38 billion, and with the $545 billion market value an individual’s data would be worth $85.43 on the market, or $65.71 to the individual. The value of user data is predicted to rise.\n
        \n
        Obviously that 6 billion population figure I used is an approximation - a blind one at that. To give a worst case valuation for 2021, if we assume all 7.9 billion people equally have data being traded, then an individual’s data is worth $40.38 on the market, and $31.06 to the user. These are the minimum values, averaged evenly across the entire global population.\n
        \n
        ---\n
        \n
        When Google and Facebook started out, data had very little value - there was no market for it. Thus it seemed reasonable to let them just take it, even if maybe it could be worth something. The service they offered was new and novel, a shiny new toy for everyone to play with. They then used this data to become some of the wealthiest businesses in the world. Now, even big players like Microsoft have joined in, in spite of the fact that their main products are paid products.\n
        \n
        One form of bank fraud is where the criminal takes pennies out of multiple accounts, the idea being that people won’t notice such a small debit, and banks might write it off as some kind of error. This has been legislated against and proven illegal - yet these assholes take $40 each from *everyone* and get away with it!\n
        \n
        [^1]:[knowledge-sourcing.com/…/global-data-broker-marke…](https://www.knowledge-sourcing.com/report/global-data-broker-market) Edit: lmao we broke it [web.archive.org/web/…/global-data-broker-market](https://web.archive.org/web/20240107042301/https://www.knowledge-sourcing.com/report/global-data-broker-market) …or did they maybe take it down?? /tinfoil Edit2: it’s back up lol [^2]:[www.populationpyramid.net/world/2021/](https://www.populationpyramid.net/world/2021/)
        """
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        date: 2024-09-20 12:23:15.0 +02:00
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        date: 2024-01-19 05:28:37.0 +01:00
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      +body: """
        Perfectly relevant. Thank you.\n
        \n
        I enjoyed reaching the gist of your meaning: Legislation needs to be written.\n
        \n
        So let’s hope that can happen.\n
        \n
        And on a personal level, what have you heard about people who intentionally make their data useless?\n
        \n
        This has been my strategy.\n
        \n
        I never buy what’s recommended.\n
        \n
        I purchase items with cash when I can so they are not added to my “profile”.\n
        \n
        Have you heard much about this strategy? How might it work if everyone used it? Generally thoughts for how we can defy their machine and protect ourselves?
        """
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    +body: """
      uBlock Origin and Matrix are entirely new to me — of course I can’t have missed references to them in discussions but I just don’t have the time to chase down every good idea.\n
      \n
      Simply getting engaged with the Fediverse has been adventure enough.\n
      \n
      Here’s hoping more and more people start valuing their privacy more and more.
      """
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