LogFAQs > #962144071

Geiki Ganger posted...

Undeniably valuable to big companies, who will pay a pretty dollar to acquire it from third-parties who possess your private information.

But if you were to try to sell your own private information online, you get almost nothing in return. Can't think of any other commodity that behaves the same way.

to play the devil's advocate, it's why online surveys that pay participants exist.

the data of individual persons is valuable, but as far as businesses buying data are concerned, data is most valuable in a readily digestible manner since there are costs associated with pre-processing raw data, never mind potential integrity issues in the results. the data they buy tends to be prepared, unless they have some serious tools and infrastructure for in-house processing.

tl;dr businesses want cheeseburgers, not raw beef; gas from the pump, not crude oil.