in theory I could also provide this personal data but I don't use any of these services (amazon or airbnb)...
or I could always use them through another person (relative / friend) to maintain a certain degree of anonymity.
more or less there is duckduckgo or TOR to avoid any issue...
there are similar apps such as woolsocks created ad hoc to receive consumption information (that provide a small revenue like cashback or discounts). but in the end most of big companies manage to obtain commercial details through cookies.
Topic: Passive Income? New Start-Up Would Pay you to Share Personal Data - page 3. (Read 394 times)
December 29, 2022, 07:33:47 PM
December 29, 2022, 07:31:53 PM
Can't see anything wrong with this. At the end of the day you are gaining something passively. People are already getting their information used by a lot of companies, and those information are the same as this one, so what difference does it do if I sold these information to another company? At least this one asked for my consent, and is constantly paying me monthly with beer money so long as I keep providing the same information that they need.
With how our information is handled, I'd rather sell mine than give it away for free without me knowing how they obtain these and how they are using it.
With how our information is handled, I'd rather sell mine than give it away for free without me knowing how they obtain these and how they are using it.
December 29, 2022, 07:27:04 PM
Most companies will store user data and sell it to advertisers regardless of consumer consent. I suppose this is better than nothing but I'm concerned that most people would sacrifice their privacy for nothing at all. It makes these entities very powerful.
General rule of thumb is that if a product is free, then you are the product. Google and all of the social media platforms gladly store personal analytics and sell it to advertisers. The real question is who are the bidders? Give this data to predatory actors and then it becomes a large issue.
Aren't we all sacrificing our privacy every single day we're on the internet? How many times have you browsed a website and then seen ads relevant to what you were searching for earlier? Advertisers are paying tremendous amounts of money to reach consumers, and we're willingly providing them with our personal information, free of charge. I'm not supporting the featured start-up company, but I'm mostly mentioning that it's something we already provide to huge corporations for free. Making a few bucks for something we already do doesn't sound too bad. However, I understand your concern that people would be willing to sell themselves for a few dollars. I remember seeing something similar a few months ago, unless I'm mistaken. On the one hand, it's not a significant amount of money, but on the other hand, aren't huge companies like Google already using our personal data for advertising and other purposes, basically with our consent, without receiving a single penny from them? If you think of it that way, I don't see how it's bad to receive a small amount of money per month for data that we already provide to huge corporations for free. The ideal would be to have a way to avoid the oversharing of our personal data and digital footprint, but it's inevitable in this day and age.
General rule of thumb is that if a product is free, then you are the product. Google and all of the social media platforms gladly store personal analytics and sell it to advertisers. The real question is who are the bidders? Give this data to predatory actors and then it becomes a large issue.
December 29, 2022, 06:09:25 PM
Most companies will store user data and sell it to advertisers regardless of consumer consent. I suppose this is better than nothing but I'm concerned that most people would sacrifice their privacy for nothing at all. It makes these entities very powerful.
General rule of thumb is that if a product is free, then you are the product. Google and all of the social media platforms gladly store personal analytics and sell it to advertisers. The real question is who are the bidders? Give this data to predatory actors and then it becomes a large issue.
I remember seeing something similar a few months ago, unless I'm mistaken. On the one hand, it's not a significant amount of money, but on the other hand, aren't huge companies like Google already using our personal data for advertising and other purposes, basically with our consent, without receiving a single penny from them? If you think of it that way, I don't see how it's bad to receive a small amount of money per month for data that we already provide to huge corporations for free. The ideal would be to have a way to avoid the oversharing of our personal data and digital footprint, but it's inevitable in this day and age.
General rule of thumb is that if a product is free, then you are the product. Google and all of the social media platforms gladly store personal analytics and sell it to advertisers. The real question is who are the bidders? Give this data to predatory actors and then it becomes a large issue.
December 29, 2022, 06:08:12 PM
Would you share personal your data to an ad company for a pay?
We're even using social media platforms that don't pay us for our data. The services are free, therefore, we're their product. 
December 29, 2022, 05:45:51 PM
Anything that can give us a continuous stream of income without doing a repetitive job is considered a passive income. People shares their moments on FB and other social media, so I do not think an issue for them to share some of their personal data that will generate income. It doesn't share your bank account and address anyway. Those FB users already exposed their identity so I think there is nothing to be concerned about the apps as long as it is legitimate.
I am talking about people who are very public on social media but I won't do it.
I won't sell my privacy for a mere $50 a month besides, I can still provide my family with a decent lifestyle and I am not desperate at this moment to sell my privacy for a mere $50 a month (this won't even suffice for single person's 1month meal).Even if we are living on a high-tech era where everything is almost exposed specially on socmed but there are things which arent really supposed to be share up.I cant just take off the risk
just for that amount but if we are talking with some 4 digit or 3 digit then i might be having some reconsideration but for 50 bucks then
it isnt really just worth.
December 29, 2022, 04:57:14 PM
I remember seeing something similar a few months ago, unless I'm mistaken. On the one hand, it's not a significant amount of money, but on the other hand, aren't huge companies like Google already using our personal data for advertising and other purposes, basically with our consent, without receiving a single penny from them? If you think of it that way, I don't see how it's bad to receive a small amount of money per month for data that we already provide to huge corporations for free. The ideal would be to have a way to avoid the oversharing of our personal data and digital footprint, but it's inevitable in this day and age.
December 29, 2022, 04:48:49 PM
Anything that can give us a continuous stream of income without doing a repetitive job is considered a passive income. People shares their moments on FB and other social media, so I do not think an issue for them to share some of their personal data that will generate income. It doesn't share your bank account and address anyway. Those FB users already exposed their identity so I think there is nothing to be concerned about the apps as long as it is legitimate.
I am talking about people who are very public on social media but I won't do it.
I won't sell my privacy for a mere $50 a month besides, I can still provide my family with a decent lifestyle and I am not desperate at this moment to sell my privacy for a mere $50 a month (this won't even suffice for single person's 1month meal). 
December 29, 2022, 04:30:23 PM
It is a free world, people will do whatever will benefit them. It all depends on individual, your data is your personal responsibility to protect and secure without sharing such information with other persons, but some people because of one economic situation or the other may lead them to take certain decisions.
Personally I won't do that irrespective of the amount (hopefully the amount is not worth the risk) to be paid. O don't want my data falling into the wrong hands.
Personally I won't do that irrespective of the amount (hopefully the amount is not worth the risk) to be paid. O don't want my data falling into the wrong hands.
December 29, 2022, 04:25:26 PM
The world was safer before than today, google and those big giant companies came and they harbour scam and making privacy to be the thing of the past, this is where the world is graduating to, where no privacy again. I think they are making it more easier for scammers to illicit their work and no more privacy as many people will will go for money instead of their privacy and safety.
December 29, 2022, 04:11:21 PM
Quote
The startup, Caden Inc., operates an app by the same name that helps users download their data from apps and services—whether that’s Amazon.com Inc. or Airbnb Inc. —into a personal “vault.” Users who consent to share that data for advertising purposes can earn a cut of the revenue that the app generates from it. They also can access personal analytics based on that data. The idea of giving consumers a cut of whatever brands might pay to reach them isn’t new, but it has been reinvigorated as outside companies have found it harder to harvest and share so-called third-party data. The digital ad industry has been seeking new sources of the consumer data that guides online marketing efforts as traditional tracking techniques have come under pressure. A new Apple policy last year requires apps to ask permission to track users, for example, permission that many people have declined to give.
Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it. This data would include- what you buy or watch on your mobile device. For instance, a user could consent to sharing his ride-share history so advertisers could create segments of people who ride a certain amount. That would eventually pay consumers up to $50 a month. Can you do it? Could this be considered as a passive income?
News Source
Jump to: