this post was submitted on 05 Jan 2024
748 points (98.4% liked)

Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ

54716 readers
398 users here now

⚓ Dedicated to the discussion of digital piracy, including ethical problems and legal advancements.

Rules • Full Version

1. Posts must be related to the discussion of digital piracy

2. Don't request invites, trade, sell, or self-promote

3. Don't request or link to specific pirated titles, including DMs

4. Don't submit low-quality posts, be entitled, or harass others



Loot, Pillage, & Plunder

📜 c/Piracy Wiki (Community Edition):


💰 Please help cover server costs.

Ko-Fi Liberapay
Ko-fi Liberapay

founded 1 year ago
MODERATORS
 

or even pseudo-incriminated for attempting to maintain our own life.

It seems so stupid that I'm like a suspect for wanting an exchange of information without dropping my pants and bending over. No, I don't want cookies. Yes I want to read the article but no, I don't want to "sign up."

It makes me feel like being a f*cking hermit. But I prefer to pirate. Even though I'm not that good at it. Screw them. I got two private trackers, a VPN, and I hope that's enough.

you are viewing a single comment's thread
view the rest of the comments
[–] LodeMike 1 points 10 months ago (3 children)

That would mean $8T total. No way it’s that much. Maybe $350 per American.

[–] TWeaK@lemm.ee 14 points 10 months ago

That would mean $8T total.

You're forgetting that many of the 8 billion people don't have internet or have very little data being shared.

If we assume 8 billion people and $1 trillion industry, it's only $125 a year. That's the worst case.

If we assume 4 billion people and $4 trillion industry, it's $1,000 a year. That's the best case. Perhaps a little too optimistic, but it's also very easy maths.

Working backwards from my $500 user value with 30% margin for the brokers, that's around $715 in the industry. This could be made from 6 billion people and an industry value of $4.29 trillion.

Maybe $350 per American.

Using the method above, that would be $500 in the industry, and with 6 billion people the industry would be worth $3 trillion.


To get more accurate numbers we would need a specific value for the industry. However, I think we can confidently say the value of user data is in the hundreds of dollars, not pennies as is commonly suggested.

[–] Sheeple@lemmy.world 4 points 10 months ago

I only summarized what the other person said. Bring your complaints to him.

[–] brianorca@lemmy.world 2 points 10 months ago (1 children)

Some nations would be worth more per person to a data broker than others. How many billions have no Internet? How many have little money to spend on the companies the data broker sells to? Americans and Europeans would be at the top of the list, per capita, and could easily exceed $1000, and the total would just barely top 1 trillion.

[–] Auli@lemmy.ca 1 points 10 months ago

I don’t know Google who makes all their money in data is a trillion dollar company. I’d say the industry is worth more then a trillion.