What about putting a fair value on the services we ostensibly get in return. Worth $200? $200/year? More, less?
And how about putting a value on the financial impact should my data get into the "wrong hands" and I experience something like identity theft?
Without having some idea of the other values we're not really in a position (as individuals) to decide whether this is a fair trade.
I actually wasn't very comfortable with the information I had given them. I went to a shoe store right after, and the salesman was like "Is there anything I can help you find?"
I told him "Yes, but I'm not going to say, I've had it with giving up my personal data so you surveillance capitalists can make money off of me."
The shoe salesman directed me to the athletic shoes, which he knew were popular based on past user data he had aggregated, but that wasn't even what I was there for, I wanted dress shoes. What an idiot that guy was.
All these capitalists requiring us to give up our data just so they know what to sell us. The world has gone haywire, I say.
I am going to try so hard to sell you something that you didn't know you wanted that I am going to look over the obvious... simply to ask what I wanted.
Rough lower bound: Alphabet's market cap is around 900 Billion, FB's market cap is around 500 Billion. Both of their businesses are driven by selling ads based on people's personal information. There are around 7 Billion people on the planet. That's about $200/person for everyone on the planet.