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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
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I feel like this is short-sighted on Meta's part. Since it sounds like they will still serve paid users non-personalized ads, I think they'd be better off losing a little revenue on those users who actually make the effort to turn off ad personalization. Otherwise they are going to lose users over this which is going to make Facebook just that much less relevant for the people who are willing to use it with personalized ads or pay to ONLY get non-personalized ads.
Part of the reason that their service is popular is that it has huge market share. Every time they shave off a segment of their user base Facebook becomes that much less relevant for everyone.