18 Ways Big Tech Is Making Money Off Your Data

Let’s talk about how big tech companies are really making their money—off you and me. Our personal information is the gold they mine relentlessly, and here’s how they’re doing it. It’s time to get suspicious, guarded, and savvy about their tactics.

1. Selling Your Attention

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Every click, every like, they track it. Why? To sell your attention to the highest bidder. Advertisers pay big money to catch your eye, based on what you’ve shown interest in.

2. Customized Ads

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Those ads that pop up after you’ve just talked about something? No coincidence. They use our data to target us with scary precision, pushing products they think we can’t resist.

3. Location Tracking

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Ever wonder why you get ads for things near you? Big tech tracks where we go, sometimes even when we think location services are off. They sell that info to advertisers who want to reach people exactly where they are.

4. Selling Data to Third Parties

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It’s not just ads. Our data gets packaged and sold to other businesses. You might never know who knows what about you.

5. Predictive Analytics

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They use our data to predict our behavior—what we’ll buy, where we’ll go. It’s like they’re one step ahead, and it’s a bit creepy.

6. Job and Insurance Decisions

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Believe it or not, some companies decide whether to hire us or how much to charge for insurance based on what they can find out about us online.

7. Health Data

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If you use any health apps, guess what? That data can be sold too. It’s valuable to companies who might want to sell you health-related products or services.

8. Financial Profiles

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They create profiles based on our spending habits, income level, and financial stability. This isn’t just invasive—it can affect the offers and rates we see.

9. Social Graphs

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Who we’re connected to tells them a lot about us. Big tech companies analyze our relationships to better target us with ads and content.

10. Facial Recognition

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Photos and videos are not just for memories. They use facial recognition technology to gather more data about us and even track our emotions and reactions.

11. Voice Data

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Our voice assistants are listening—always. They gather data on our lifestyle, habits, and even our choices in entertainment.

12. Device Syncing

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Sync all your devices for convenience, right? Sure, but also for them—it’s a goldmine of data on every aspect of our lives.

13. Behavioral Biometrics

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How we type, how we browse, even how we hold our phones—it’s all tracked and used to create profiles that are alarmingly detailed.

14. Smart Home Data

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Our smart homes are like open books: what time we wake up, what we eat, when we’re home. All of this data is collected and often shared.

15. Subscription Services

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What we watch, read, and listen to isn’t just for entertainment. It’s used to profile us for advertisers and to keep us hooked on their services.

16. Loyalty Programs

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These programs aren’t just for rewards. They’re for tracking purchases, habits, and preferences. It’s all about locking in our loyalty and continuing to mine our data.

17. Free Apps

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There’s no such thing as a free app. If you’re not paying for it, you’re the product. They’re using the app to learn more about you.

18. Public Records and Online Activity

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Everything from what we post online to public records is fair game for companies to use and profit from.

Lock Down Your Data

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Think twice before you click, share, or open. Adjust your privacy settings, use secure networks, and question what information you really need to give out. We can’t stop them from wanting our data, but we can make it harder for them to get it. Let’s stay sharp and protect ourselves.

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The post18 Ways Big Tech Is Making Money Off Your Data first appeared on Liberty & Wealth.

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The content of this article is for informational purposes only and does not constitute or replace professional financial advice.

For transparency, this content was partly developed with AI assistance and carefully curated by an experienced editor to be informative and ensure accuracy.

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