Awful to see our personal privacy and social lives being ransomed like this. €10 seems like a price gouge for a social media site, and I’m even seeing a price tag of 150SEK (~€15) In Sweden.
100% this. I’d argue though, that the price point is fair. In 2018, Facebook earned an average of roughly $110 in ad revenue per American user according to this article.
The price might be fair for american users. The average european user makes Facebook about $60 per year. Sorce: https://www.statista.com/statistics/251328/facebooks-average-revenue-per-user-by-region/
That’s impressive that customers pay that much to advertise on Facebook if true. that’s an average CPM of like $50. (5 cents per ad view)
At the same time, that article also claims that personalized ads are only worth 2x as much as regular ads, so that implies that FB/Instagram users should have the option to pay $5/month for ads without data tracking. I doubt that personalized ads are actually worth that much, but still.
