3 Matching Annotations
  1. Feb 2019
    1. That is really what supermarketloyalty cards provide—shoppers are supposed to think that the store is grant-ing them a discount in appreciation for their steady business, but actually thestore is paying them for information about their buying patterns.

      I find this a bit shocking as I never thought about this but I'm not surprised as the corporation gets the true financial benefit by collecting the consumers data. This is also an example that reiterates what I mentioned earlier about 'there is no such thing as a free lunch. In this case, it's the discounts that would cost the consumers their data.

    2. Acompany will give you free phone calls to anywhere in the world—if youdon’t mind watching ads for the products its computers hear you talkingabout.

      This reminds me of a popular adage, "There is no such thing as a free lunch." On the surface 'free' phone calls sounds like a good deal but one doesn't think of the actual cost. This can be applied to the many free things we enjoy on the internet today but is it truly free.