Why Getting Paid for Your Data Is a Bad Deal

Re:Why Getting Paid for Your Data Is a Bad Deal by an_opabinia on Sunday November 22, 2020 @09:53PM (#25183164)

> Sure, until that information is used to give individualized prices and other things. Or used to hide things or show you only things the algorithms decide you like....or should have according to them.

If anything, prices would rise for richer people, and decline for poorer people.

Is that bad?

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Re:Why Getting Paid for Your Data Is a Bad Deal by rytill on Sunday November 22, 2020 @10:01PM (#25183198)

Perhaps, but if/when word got out that this was occurring, an arbitrage opportunity would be available. Unless it were only a very marginal amount cheaper that would not cover the cost of arbitrage.

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Re:Why Getting Paid for Your Data Is a Bad Deal by an_opabinia on Sunday November 22, 2020 @10:05PM (#25183216)

I got news for you, this already happens all the time, without nominally different pricing, just pricing for different SKUs. The arbitrage is realized by producers.

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Re:Why Getting Paid for Your Data Is a Bad Deal by qazxcvbnmlp on Sunday November 22, 2020 @10:36PM (#25183353)

Yeah. And the rich don’t mind, because status signaling is a a thing.

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Re:Why Getting Paid for Your Data Is a Bad Deal by TheCoelacanth on Monday November 23, 2020 @08:27AM (#25186513)

I don't think it's that simple. Often it would be the reverse because the richer people have more options of other places to buy.

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