https://www.bbc.com/news/technology-46618582
https://www.independent.co.uk/news/world/americas/facebook-d...
This one is interesting and refutes the argument you are making
“When the company argues that it is not selling data, but rather selling targeted advertising, it’s luring you into a semantic trap, encouraging you to imagine that the only way of selling data is to send advertisers a file filled with user information. Congress may have fallen for this trap set up by Mr. Zuckerberg, but that doesn’t mean you have to. The fact that your data is not disclosed in an Excel spreadsheet but through a click on a targeted ad is irrelevant. Data still changes hands and goes to the advertiser.”
https://www.theverge.com/2018/12/14/18140146/does-facebook-s...
It’s in reaction to this below link in the NYT which is also interesting.
https://www.nytimes.com/2018/12/12/opinion/facebook-data-pri...
I argue that FB makes money by collecting data, then selling it. What’s the opposing view?
There are an awful lot of arguments against this stance and the argument supporting the claim appear to split hairs in a very convenient manner.