BUSINESSMay 26 · 10:30 UTCTHE REGISTER

Big Tech extracts retirement-scale wealth from UK internet users, research shows

A Web3 Foundation report claims UK and European internet users generate $1,604 annually in commercial value for Big Tech, accumulating to $189,405 over 60 years. The study argues users unknowingly pay with behavioral data, and 'informed consent' is an illusion due to rapid acceptance of complex privacy policies.

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Web3 FoundationorganizationMetaorganizationGoogleorganizationAI systemstopicdata brokerage marketstopicTesco ClubcardorganizationFacebookorganization

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