"Remember that Facebook had no ads at first and only switched them on once they had enough users."
FB does make money from ads, games, purchases, etc, but their biggest revenue comes from selling member's personal information. Wonder why you didn't get the last few jobs you applied for? Are the photos of you online heavily weighted towards snaps in the local boozer or at parties with your friends? Are you gay? Religion/atheist? Lots of kids? Think of all the things that can't be asked on a job application or in an interview that might be gleaned from a Big Data dossier provider. Larger companies have subscriptions which means they can pull up your file for sofa change or less. Maybe your file has you down as being arrested for car theft (bogus, obviously) or having been involved in a case against a former employer? Might as well line up in the dole queue, your life is over…. care to share anything else about yourself with us?
Biting the hand that feeds IT
