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Why Web 2.0 Will End Your Privacy

An anonymous reader writes "This is a pretty good insight into some of the dangers of social networking and website customisation -- marketing and loss of privacy. When marketeers know who your friends are and what you are all into, it makes their advertising a lot more effective. From the article: "Why are the companies worth so much money? Why is MySpace worth over half a billion dollars without a proper revenue model? Why is Digg allegedly pitched at over $20m (at the last count) without any idea of where money is going to be pulled from? The answer is - data. Information. Marketing. Every detail about you and me. That is where the money is."

2 of 233 comments (clear)

  1. I Know this is off topic by nudeatom · · Score: 1, Offtopic

    But the new layout does not render correctly on Konqueror. I also had problems with it freezing the Opera 9 beta on my Windows box at work. Are these teething problems that will be sorted or will I be forced to use firefox? A feedback mechanism to report these problems would be cool. Sorry for the off-topic post. feel free to mod me down, but give it a while so this post is seen. Cheers

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    Yeah right, Like Im gonna write a sig.
  2. Re:IANAJ, but by MyLongNickName · · Score: 1, Offtopic

    about loosing their seat

    Last time someone loosed their seat, it resulted in an impeachment. Better stick to more innocent things like running up a five hundred billion dollar deficit.

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    See my journal for slashdot ID's by year. Mine created in 2005. http://slashdot.org/journal/289875/slashdot-ids-by-year