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It seems so strange to me that we are locked in battle with providers mining our lives for whatever, and we have to work our asses off trying to stay anonymous, to the point of being denied service (lemmy.dbzer0.com)

submitted 10 months ago by Melatonin@lemmy.dbzer0.com to c/piracy@lemmy.dbzer0.com

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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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[-] nodsocket@lemmy.world 53 points 10 months ago

ChatGPT, summarize this for me like I'm a geriatric politician.

[-] Sheeple@lemmy.world 30 points 10 months ago

Personal data worth a lot. 8 billion humans exist. Industry is multi trillion of profit. Even at only a single trillion that's 1000 dollars per person a year. It's way more than 1000.

[-] LodeMike@lemmy.today 1 points 10 months ago

That would mean $8T total. No way it’s that much. Maybe $350 per American.

[-] TWeaK@lemm.ee 14 points 10 months ago

That would mean $8T total.

You're forgetting that many of the 8 billion people don't have internet or have very little data being shared.

If we assume 8 billion people and $1 trillion industry, it's only $125 a year. That's the worst case.

If we assume 4 billion people and $4 trillion industry, it's $1,000 a year. That's the best case. Perhaps a little too optimistic, but it's also very easy maths.

Working backwards from my $500 user value with 30% margin for the brokers, that's around $715 in the industry. This could be made from 6 billion people and an industry value of $4.29 trillion.

Maybe $350 per American.

Using the method above, that would be $500 in the industry, and with 6 billion people the industry would be worth $3 trillion.

To get more accurate numbers we would need a specific value for the industry. However, I think we can confidently say the value of user data is in the hundreds of dollars, not pennies as is commonly suggested.

[-] Sheeple@lemmy.world 4 points 10 months ago

I only summarized what the other person said. Bring your complaints to him.

[-] brianorca@lemmy.world 2 points 10 months ago

Some nations would be worth more per person to a data broker than others. How many billions have no Internet? How many have little money to spend on the companies the data broker sells to? Americans and Europeans would be at the top of the list, per capita, and could easily exceed $1000, and the total would just barely top 1 trillion.