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this post was submitted on 14 Sep 2024
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Isn't the profit a few dozen dollars per user per year?
You are right. Rounding numbers for ease.
$134B income in 2023. 3 billion active users per month
134 ÷ 12 ÷ 3 roughly comes out to $3.7/user/month
https://investor.fb.com/investor-news/press-release-details/2024/Meta-Reports-Fourth-Quarter-and-Full-Year-2023-Results-Initiates-Quarterly-Dividend/default.aspx
So, damn, they could offer a "leave me the fuck alone" subscription for $5/m and nearly double their income from those users.
Kinda makes you wonder why they don't... I guess it kinda looks like extortion
They want 10€ from EU citizens to not show ads, but it is doubtful that this is legal.
From memory, after a few drinks, the EU wasn't happy with their option of Pay Us or accept full tracking and advertising.
Wasn't that for showing ads that are not personalized?
AFAIK completely without ads. This is the first sentence from the link I provided in my previous comment:
A more comprehensive analysis would show that this is how much Facebook itself makes in profits from selling personal data, not how much total money and influence that personal data is leveraged for across the various entities that purchase access, influence, and/or advertising from it.
My numbers are purely income not profit. my quick glance didn't show a profit per user number.