Why Does Facebook Save Everything we do on Their Network?
When Facebook first started, they had a different data model. Initially, the social media application was only for students of Yale University, the school that Mark Zuckerburg attended when he launched the app. Later it became available to other colleges and universities across the country. As they searched for a business model to make the app profitable, many ideas were batted around. There could have been a paid subscription model, or an advertiser model, wherein various companies pay to have their ads displayed on Facebook for users to see, or there could be a data mining model. The fact that Facebook is free for users and yet the company cleared $40.65 billion in revenue in 2017. Let me repeat that, FORTY BILLION dollars. A company that offers a free service to users made $40.65 billion in ONE YEAR. How do you think that’s possible? Do you think they made all that money from ads on their pages? Or do you think they made all that money from selling your data? If you guessed number two, then you get the good guess prize.
Every single action you’ve taken on Facebook from the day you joined was saved on their servers. It doesn’t even make sense that all that data could be so important to so many people that they are willing to pay FORTY BILLION dollars for it. There are actually people out of work and other people who are going to bed hungry at night in America and other countries but someone was willing to pay Facebook $40.65 billion to know what you think about hemorrhoids or vanilla ice cream or waffles. Sit down and think about that for a minute. I’m not sure what you earn for a living, but even if you make upwards of a million dollars a year, doesn’t $40.65 billion seem like a whole lot of money? What can companies and data brokers possibly be doing with all our information that is worth billions of dollars a year? If that thought makes you feel like you’re living in a freakish, terrifying, alternate universe, one where some of us post stupid stuff on Facebook and make, maybe, 40k a year, while a former Yale student’s company is making $40.65 BILLION per year for storing everything you do on its social network, you’re not alone.
If you’ve been on social media for a decade, then Mark Zuckerburg has been collecting information about you for ten years. Everything you said, did, posted, liked, direct message, and every image you uploaded was saved, is still saved, and will always be saved, forever, or at least until a new generation of Facebook users replaces you. Hopefully, our children and grandchildren will be on one hundred percent Blockchain by then and the days of scrutinizing our every move will be over.
A backlash result of all this data gathering is that our personal information ends up online. Various websites purchase data from data brokers and use it to create background check or people finder sites. If you find your name and address are online, contact an internet removal service who can show you how to remove your information from the internet. They can also delete information and remove your address from the internet.