Americans Are More Concerned About Their Wallets Than Privacy As Poll Shows Americans Aren't Willing To Pay for An Ad Free Facebook 4/13/18 - A Whittle Bit of Commentary

A Whittle Bit of Commentary with Chad Whittle

Below is a rush transcript (may contain errors):

According to a new poll that included 750 participants from Recode, people don’t trust Facebook with their data, but not enough to pay for the app in order to keep their data safe.

The poll reports that 77% of the participants would stick to the free ad version of Facebook if given the choice between a free account or a paid subscription model without ads. Twenty-three percent of the sample said they would pay to not have ads.

According to Recode, Facebook makes $9 per month per user when they target you with ads.

Among those that said they’d be willing to pay,  42% said they would be willing to spend between $1 and $5 for an ad free Facebook, while 25% said they’d pay between $6 and $10 for that service.

So it appears that Americans are concerned about their privacy, but they’re more concerned about their wallets.

Personally, I value my privacy over money, but I still wouldn’t pay for Facebook. I’d delete it before I paid for it.

I’m Chad Whittle on A Whittle Bit of Commentary.

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Background Material:

https://www.recode.net/2018/4/11/17225328/facebook-ads-free-paid-service-mark-zuckerberg