The Honeybees.

As per an article from Visual Capitalists (http://www.visualcapitalist.com/what-happens-internet-minute-2016/) there 20.8 million messages are handled by Whatspp, 2.4 million searches by Google and 70000 hours of video served by Netflix, every minute.

If one looks at last decade, Social Media and Smartphones has been the ‘the’ phenomenon of last decade. Most of the growth of S&P 500 since last crash has been from this revolution. Except for few companies like Apple, which is really Prada of smartphones, most of other players in these industries have a simple underlying business model: Monetize their user’s interaction with them while offering a ‘free’ service.

Very few their users realize that the companies own right to sell any content produced by them. Social media users search all over the internet archives, old albums, parks, beaches, oceans, mountains, back yard, front yard and gather pictures, quotes, analysis, comment and then happily handover to one of the social media giant for free. Then their friends review it (for free) and mark as interesting and uninteresting. The social media giants makes sweet profit while the users end up with lost privacy and ruined relationships.
Sometimes certain ‘data leaks’ and ‘hacks’ happen where the users also end up losing information that they hate to go public.

Enjoy being honeybee.