What is Facebook and do you find it valuable

[Ravenshire]

If the service is free, you are the commodity being traded.

[Rhizomorph13]

If the service is free, you are the commodity being traded.

yep, I said as much on page two.

They would have had zero success if they tried to make FB a paid service though. People aren't really willing to pay for things much of the time. The funniest thing I've seen manifest is the fact that people "cut the cord" by switching to streaming services. It will be funny to me when people start expressing a desire for one comprehensive service that has all the channels... like cable.

I remember when you paid for cable it was ad free but then slowly more ads showed up and now it is ridiculous. The same thing happened to FB the ads didn't use to be such a pain in the ass but now it is like I'm trying to watch "Ow, my balls" from Idiocracy! Same thing on almost every content website!

[Ravenshire]

The funniest thing I've seen manifest is the fact that people "cut the cord" by switching to streaming services. It will be funny to me when people start expressing a desire for one comprehensive service that has all the channels... like cable.

We saw a round of that with satellite. At first you could get anything you wanted with a big ugly dish and a set top box. Then the individual channels started charging subscriptions, then the local broadcasters started scrambling their satellite broadcasts... Now you get to chose Dish Network or DirecTV. At least satellite gives you a choice. If you're stuck with cable, you're typically stuck with a single provider and since they're the broadband providers as well... Same cycle, different generation.