Consumer advocate Ralph Nader, weighs in on Facebook’s mood experiment. Nader says Facebook users should be paid routinely for providing information to the social network.
“Facebook wouldn’t exist without all this personal information that people give it free. All this personal information identified by personal names is what gives Facebook its enormous growth and power. Why don’t we charge them for this information? Why don’t people on Facebook start a movement – and the internet facilitates that – where they say that we are gonna be paid for this personal information that you are making billions of dollars from.”