Research finds Andrew Yang's plan would cost Facebook $250 billion - Business Insider

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Research finds Andrew Yang's plan would cost Facebook $250 billion - Business Insider
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New research finds Andrew Yang's plan for social media firms to buy users' data would cost Facebook 'a whopping $250 billion' — and that many users wouldn't sell at any price

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New research on Wednesday that polled 2,000 Americans on their views on privacy found that would cost Facebook 'a whopping $250 billion' — given that 31% of respondents would want $100 or more for a company to access their social media data. The survey also found 84% of Americans are worried that data collection for COVID-19 containment will sacrifice too much of their privacy.One day after former presidential candidate Andrew Yang floated a plan for consumers to sell their data to big social media companies, research that includes a survey of 2,000 Americans flatly finds that "consumers aren't buying it.

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