"For the last ten years, the biggest companies in Silicon Valley have been in the business of selling their users.
...because we don't pay for the products that we use, advertisers pay for the products that we use. Advertisers are the customers. We're the thing being sold.
The classic saying is,'If you're not paying for the product, then you are the product.'
Many people call this surveillance capitalism, capitalism profiting off of the infinite tracking of everywhere, everyone goes by large technology companies whose business model is to make sure that advertisers are as successful as possible.
This is a new kind of marketplace now. It's a marketplace that never existed before. And it's a marketplace that trades exclusively in human futures.
Just like there are markets that trade in pork belly futures or oil futures. We now have markets that trade in human futures at scale, and those markets have produced the trillions of dollars that have made the Internet companies the richest companiesin the history of humanity. "
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