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May 23, 2012

"The question isn't, "What is Facebook worth?", the real question is what are we worth?"

The secret of Facebook is that there is no Facebook, just reams of user data,
information voluntarily submitted by hundreds of millions of people in exchange for a free ride, which is monetized by a company that makes nothing except increasingly broken code, by selling ads to companies hoping to convince consumers to buy the products manufactured by their Chinese partners. -- by Daniel Greenfield

Posted by gerardvanderleun at May 23, 2012 8:50 AM. This is an entry on the sideblog of American Digest: Check it out.

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