The sample topic provided by our professor, "Social Networking: A Purposeful Loss of Privacy" intrigued me. I wanted to dive deeper into this topic of how often times on the web we pay for "free" services with our data. With this paper i hope to further analyze how many "free" web services aren't really free. I hope to cross analyze how we pay for some of the following free sites with our personal data: Social Media, Google, and E-Commerce sites. I will guide my paper based on the economic principle of no free lunch. Which in layman terms means that even if something is "free" their is an opportunity cost of that action. In the case of new media, often times the opportunity of the "free lunch" is our private personal data.
File sharing is as the name implies, a way to transfer data digitally. This can be applied for the smallest files to the biggest. Whether you share the notes you took the other day in class, or a two hour documentary, you're participating in file sharing. P2P file sharing stands for person to person file sharing. The P2P implies that a user is sending the data to another user. Consider the difference between P2P file sharing and buying a song off of iTunes. When you buy a song from iTunes, you aren't interacting with anyone, you're just downloading a song. If you P2P file shared that same song, you, the uploader would send the file directly to the receiver. An example of P2P file sharing is the open source project BitTorrent. According to The BitTorrent Effect, in April 2001 Bram Cohen quit his job and created BitTorrent. BitTorrent overcomes a problem with P2P file sharing: the bottle neck. ISPs will allow users to download files at high speeds but they only let them upl...
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