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The Internet is a much different place if you are rich

Boy Genius Report  |  March 6, 2013

The Internet is widely regarded as a highway of free information that doesn’t discriminate against color, sexuality or religious beliefs. This is a common misconception, however. Although most people aren’t aware of it, today’s Internet is tailored to your specific needs. Companies like Google (GOOG), Facebook (FB) and others gather detailed information about users and then sell it to advertisers. A company must then decide who to target with its ads. For example, a company like Gucci wouldn’t bother paying to advertise its products to someone who makes an income below a certain threshold, knowing he or she would be less likely to make a purchase. As noted by Michael Fertik of Scientific American, the rich see a very different

The Internet is widely regarded as a highway of free information that doesn't discriminate against color, sexuality or religious beliefs. This is a common misconception, however. Although most people aren't aware of it, today's Internet is tailored to your specific needs. Companies like Google (GOOG), Facebook (FB) and others gather detailed information about users and then sell it to advertisers. A company must then decide who to target with its ads. For example, a company like Gucci wouldn't bother paying to advertise its products to someone who makes an income below a certain threshold, knowing he or she would be less likely to make a purchase. As noted by Michael Fertik of Scientific American, the rich see a very different Internet compared to the rest of us. ...