FIleCorrupted
FIleCorrupted t1_j7ehbzr wrote
Reply to comment by jsveiga in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
There's a big misconception about what is meant by "selling your data". Your data is how they create value, but they don't literally sell excel files of everything you do.
The better the data they collect on you, the more effective they can make their advertisements. For example, maybe a grocery store chain asks google to target a specific ad at users who have been to competitors stores in the past x weeks. They don't sell that customer your data, but they use your data to fulfill the customers request.
FIleCorrupted t1_j7ehfdm wrote
Reply to comment by querry22 in [OC] How Google makes money (its 2022 income statement visualized as a Sankey diagram) by IncomeStatementGuy
Sure, but really viewing the ads is the currency you are using to pay for their products. So their legacy is all of the products that users pay for with their attention.