kaal:claim:3782198-012

Web 2.0 companies solved the hosting problem through a Faustian bargain: free hosting is exchanged for access to shared content, ownership of viewers' personal information, control over what may be shared, and access to user attention.

Source quote, verbatim

In exchange they have access to the information that content providers want to share. They own any personal in- formation from viewers that can be gleaned. They control what content can and can't be shared, guiding popular opinion.

From

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021), History of Web <.> and Web ?.>, p. 10
https://ssrn.com/abstract=3782198 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

Classification

mechanismsupport: arguedeconomics

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