If Facebook's antics have not been bad enough, recently it was announced that the company has implemented an algorithm that predicts whether a user is rich or poor.
In a patent filed in July 2016 and made public last week by the Daily Mail, Facebook outlined a sample decision tree that would use various data points in an information set, collected through questionnaires, to determine the likelihood of a person’s socioeconomic status, according to the Observer.
The purpose is decide what to advertise to you.
The patent stated that:
“By predicting the socioeconomic groups of users, [Facebook] is able to help the third party present sponsored content to the target users. Third parties are able to effectively promote their products or services, and the online system can provide a more engaging user experience to users.”
Below is a diagram showing how their data collection works:
The program ties important information together, such as the persons level of education, how many devices they had connected, and if they were a house or car owner.
THIS WAS A STEEMIT EXCLUSIVE!! ++++++++++++++++++++++++++++++++++++++++++++++++++++
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John Vibes is an author and researcher who organizes a number of large events including the Free Your Mind Conference. He also has a publishing company where he offers a censorship free platform for both fiction and non-fiction writers. John just won a 3-year-long battle with cancer, and will be working to help others through his experience, if you wish to contribute to his medical bills consider subscribing to his podcast to support at https://www.patreon.com/johnvibes