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Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram
(www.businessinsider.com)
this post was submitted on 03 Oct 2023
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Technology
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So they're admitting regulations work. They are making a lot less money due to random ads instead of targeting ads so they will have to charge to be sure they are still making too much.
I can't wait for the next regulations against tech corporations and social media.
They can't charge their REAL customers, the ad purchasers, as much without the ads being "targeted".
$14 is unrealistic and will never be paid, but it means that it's an option... So I'm guessing that people will be able to "opt in" to a free version with targeted ads.. This whole thing is probably just a workaround.
The funny part is that contextual ads are at least as effective as targeted ads. So not only is facebook violating your privacy. They are ripping of their customers at the same time.