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The World Wide Web: There Is No Such Thing as a Free Lunch

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. 


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