Will it ever get to a point where data is so over-harvested that it starts to lose value?
I'm speaking of online data harvested through apps, websites, hardware (such as phones/streaming devices).
I mean if multiple versions of the same harvested data are being sold, wouldn't the value decrease because of the competition? When it comes to aggregate data, how much financial value can there really be in knowing that a million office workers just clicked on the same cat meme?
How does the quantity of time and expense toward "personalization" not simply overshadow the return, given that no one can click on even a small percentage of those numerous ads, let alone buy the shit being advertised?
It just seems like there would come a time when the value of user data is sucked dry, or at least significantly decreased.
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Exactly.
Alternately, perhaps the algorithm knows me better than I know myself. Perhaps the humidifier I just bought is about to kick off a new hobby of collecting humidifiers. /s
Yep, just like a couple years back when I bought a part for my Toyota. Maybe I was about to collect the same party for a Mazda and a GMC
I almost spit out my tea, thanks!