this post was submitted on 05 Jan 2024
689 points (98.3% liked)
Piracy: ꜱᴀɪʟ ᴛʜᴇ ʜɪɢʜ ꜱᴇᴀꜱ
54462 readers
318 users here now
⚓ Dedicated to the discussion of digital piracy, including ethical problems and legal advancements.
Rules • Full Version
1. Posts must be related to the discussion of digital piracy
2. Don't request invites, trade, sell, or self-promote
3. Don't request or link to specific pirated titles, including DMs
4. Don't submit low-quality posts, be entitled, or harass others
Loot, Pillage, & Plunder
📜 c/Piracy Wiki (Community Edition):
💰 Please help cover server costs.
 |
 |
|---|---|
| Ko-fi | Liberapay |
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You're forgetting that many of the 8 billion people don't have internet or have very little data being shared.
If we assume 8 billion people and $1 trillion industry, it's only $125 a year. That's the worst case.
If we assume 4 billion people and $4 trillion industry, it's $1,000 a year. That's the best case. Perhaps a little too optimistic, but it's also very easy maths.
Working backwards from my $500 user value with 30% margin for the brokers, that's around $715 in the industry. This could be made from 6 billion people and an industry value of $4.29 trillion.
Using the method above, that would be $500 in the industry, and with 6 billion people the industry would be worth $3 trillion.
To get more accurate numbers we would need a specific value for the industry. However, I think we can confidently say the value of user data is in the hundreds of dollars, not pennies as is commonly suggested.