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Comment by charcircuit

4 days ago

The economy is not 0 sum. Someone else profiting doesn't hurt you.

Seems you missed that part that DOES hurt us:

> Exchanging private and personal user data without consent and without users being aware of it

  • This information allows other companies to make more informed decisions. Other companies making better decisions doesn't "hurt us".

    • Companies’ executives and top investors should let us see their location data then. And open up every part of their internal comms that don’t directly disclose trade secrets. At least the metadata!

      It doesn’t hurt them, just lets us make better decisions, after all. There does not exist a good reason they’d object!

      1 reply →

    • We collect your data, sell it to the highest bidder and sun ourselves on a yacht we bought with the proceeds ... "to help you".

    • More informed decision to raise revenue. Is that necessarily helping us? When you say its not affecting us, us as who? Just sounds like a karma farmer.

You’re right and wrong: today’s economy is often negative sum from total utility perspective. It hurts society and the person but it helps Mark Suckerberg and Scam Altman and the private equity firms.

It’s positive sum from a wealth-weighted utility calculation though. And that’s why it happens.