Number of times the word "advertising" was mentioned: 0
Facebook continues to pretend it's business model is unicorns and kittens, not selling user data for money.
Number of times the word "advertising" was mentioned: 0
Facebook continues to pretend it's business model is unicorns and kittens, not selling user data for money.
"learn from this experience", "doesn't change what happened in the past. ", "responsibility", "going forward", "together".
You find this same boilerplate from athletes who beat their wife, do drugs, or kill people.
Yet, maybe it serves a purpose? It doesn't matter how sorry they actually feel, nobody is going to feel better from a large, public, self-flagellating apology. Nobody is going to be happier or more mollified or satisfied. All it's going to accomplish is to provide grist for the lawsuit mill - after all, why apologize if you're not guilty?
Again, you're completely right. They're clearly not sorry.
Because you get more money for a cow than milk over a long time period and can use the cash to expand the cow-selling business?
(And that original metaphor was a bit mismatched, actually.)
FB provides a platform for ads, sure, but it can be used for way more than just ads.
3P tracking can infer who (even specifically) is viewing ads and it knows the social graph by other means. It can also do effective mass psychometric tests. A/B testing infrastructure can be used for more than just optimizing ads ... all of the psychometric dimensions tested by Kogan’s 2013 app can be expressed as embedded imagery and messaging in ads, and the same types of tests can operate at the same scale by integrating 3P data and tracking (some of which certainly originates from policy-compliant FB apps) which already knows the social graph beyond what FB will allow a single app or ad to draw.
But no, we've got to pretend Facebook is a touchy-feely community. I get the feeling that Facebook is ashamed of the way they make their billions.
You seem lost in a false narrative that he is out to get you :(
I challenge you to rethink your position assuming he means well...just for the fun of it...and share with us what your conclusion would be
Some others, like CA and ilk, also get easy access to user’s psychometric data, by embedding the psychometrics into A/B tested ad content.
The adage “you are the product” has only become more true as FB has advanced, whether by their intended or explicit policies or not.
Honestly, at the moment, Facebook has huge economic incentives to keep as much data to itself as possible. Facebook being the only place where you can microtarget to such an extent is a huge moat around their business.
And microtargeting can be abused (or just plain used, depending on your perspective) to infer only additional data by incorporating it into the 3P analysis once users click and start loading non-FB content. Microtargeting by its nature leaks information about the target segments ...
Figuring out the data FB uses to microtarget is simply a matter of buying enough ads, or getting in the middle of enough campaign-to-user relationships (as a central 3P ad exchange or tracking service).
I wouldn't argue that micro-targeting can't end up with very specific privacy concerns, but I don't think it's nearly the same scale as "you should probably assume that if you signed up to enable the Graph API on Facebook all information about you prior to 2015 is available to people you probably don't trust".
The resulting dataset over even short periods (< 1 yr) time is comparable to a total datadump, including an accurate social graph. A “very specific pivacy concern” it is not.
Targeted campaign products leak data about the user’s targeted attributes by their very nature.
If you want FB’s targeting data, simply buy targeted campaigns and associate the target attributes with the users who click once they are on your server. At scale, the targeting data is transparent.
Big ad analytics companies and ad exchanges can and do basically sit in the center of many campaigns and slurp up the targeting data which is naturally leaking from FB by virtue of their selling capaigns based on those targets.
Whether they want to or not, they are selling their data.
Edit: Care to reply instead of downvote? Is everything above not true?