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Around the world Quote by Marc Goodman

“As the computer scientist Jaron Lanier reminds us, a company such as Instagram—which Facebook bought in 2012—was not valued at $1 billion because its thirteen employees were so “extraordinary. Instead, its value comes from the millions of users who contribute to the network without being paid for…” quote by Marc Goodman
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““As the computer scientist Jaron Lanier reminds us, a company such as Instagram—which Facebook bought in 2012—was not valued at $1 billion because its thirteen employees were so “extraordinary. Instead, its value comes from the millions of users who contribute to the network without being paid for it.” Its inventory is personal data—yours and mine—which it sells over and over again to parties unknown around the world. In short, you’re a cheap date.””

Marc Goodman

About This Quote

Source Interview: Tech Ethics Talk, 2018

The quote highlights that platforms profit from user-generated data rather than the small number of high‑profile employees, turning users into unpaid labor.

In simple terms: Platforms make money from users' data, not just star staff.

Key Takeaway

Recognize and protect your data value.

Themes

privacy exploitation digital economy data ownership

Mood

cautious critical informed

Type

analytical ethical commentary

When to use this quote

  • social media usage
  • online advertising
  • personal data management
  • policy advocacy

Key Concepts

surveillance capitalism network effects data commodification

Questions to Reflect On

  • How do you safeguard your personal data?
  • What responsibilities do companies have to users?
A Different Perspective

User data can be exploited without consent, raising ethical concerns.

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