Social networking sites gather data. Personal data created by their members. They then use or sell this data to make an income for themselves. Whether it’s data on what we eat, or watch on tv or how how we vote, somehow this data becomes worth something. It is valuable and somebody somewhere is making money from it. (It hasn’t been made clear EXACTLY HOW they make money from it or EXACTLY WHO is making the money but somebody is.)
This is therefore deemed as exploitive and infringes on personal rights. The big hoo-haa in all of this seems to be that other businesses can make money from data that isn’t theirs.
But what if we are, in fact, having an exchange of services, where neither side is being exploited? If Facebook are providing me with a service, access to applications and games, a way to connect with friends and family, a space to place my photos and videos – surely all these things must come at a price. And what is that price? That price is my data. And I’ll gladly give that data in exchange for what I’m getting. Because I think it’s a bargain price!