Ello

1 post

Ello, Privacy, and Economics

What a tragedy: Ello, the”Facebook Killer,” is receiving VC funding and has a plan in place to monetize its users. (Or, as they say in the industry, “sell eyeballs”). How dare they offer a free service then profit from our demographic information? Why must venture capitalists stick their talons in our social networks? What ever happened to our PRIVACY!!! As both Karl Marx and Adam Smith will tell you, economics is everything. Buying the servers required to house a big social network costs money. Keeping them powered up, cooling them down, giving them the bandwidth necessary to handle requests without […]