How Money Works

"Dude I'm Broke" Why Is My Data Worth Harvesting?

How Money Works

Summary

Marketers are increasingly concerned about the effectiveness of their advertising campaigns, with many reporting that high dashboard metrics like impressions do not translate into actual revenue. This phenomenon, referred to as "bullspend," highlights the need for businesses to focus on tangible results rather than just reach. LinkedIn is noted for providing the highest return on ad spend among major networks, prompting a call for advertisers to reconsider their strategies.

The discussion shifts to the growing concern over data privacy and the extent to which companies collect and monetize personal information. From smart devices to social media platforms, the pervasive surveillance of consumer behavior raises ethical questions about data usage. The financial viability of such practices is scrutinized, suggesting that companies may need to extract significant value from users' data to justify their business models.

The podcast also delves into the historical context of data collection, tracing its evolution from manual records to sophisticated algorithms that now dominate the landscape. The introduction of credit scores and employment records illustrates how personal data has become a commodity, often impacting individuals' financial and employment opportunities. As data collection becomes cheaper and more widespread, the implications for privacy and individual agency continue to grow, prompting a reevaluation of how personal information is valued in today's economy.

Show Notes

Start your own store with #printify: https://try.printify.com/ba6mdz2kmzmq The first 100 people who use the code HowMoneyWorks will get 15% off their first order!-----Sign up for our FREE newsletter! - https://www.compoundeddaily.com/Books we recommend - https://www.howmoneyworkslibrary.com/Listen on Spotify - https://open.spotify.com/show/5gi1JobDJC3QqaF4aKfenR?si=f3IsgWIlSKObF8BT1Fitig-----My Other Channel: @HowBusinessWorked @HowMoneyWorksUncut @De-Monetised Edited By: Svibe Multimedia StudioMusic Courtesy of: Epidemic SoundSelect Footage Courtesy of: Getty Images📩 Business Inquiries ➡️ [email protected] up for our newsletter https://compoundeddaily.com 👈All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind.#money #business #bigdata ------Sources: In Orderhttps://www.bbc.com/future/article/20260513-your-car-is-spying-on-you-its-about-to-get-worsehttps://www.usnews.com/news/u-s-news-decision-points/articles/2026-05-04/your-fridge-may-be-spying-on-youhttps://www.tomsguide.com/how-to/how-to-get-an-apple-watch-for-free-through-your-health-insurancehttps://www.pcmag.com/explainers/yes-your-tv-is-spying-on-you-heres-how-to-stop-ithttps://www.wsj.com/tech/ai/reddit-signs-data-licensing-deal-with-openai-14993757https://www.forbes.com/sites/maryroeloffs/2026/08/17/ai-companies-are-buying-and-destroying-antique-books-heres-why/https://www.wired.com/story/amazon-uses-your-twitch-content-to-train-its-ai-how-to-opt-out/https://www.nbcnews.com/tech/security/23andme-goes-bankrupt-millions-peoples-dna-data-sale-rcna197874https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.htmlhttps://awealthofcommonsense.com/wp-content/uploads/2025/07/image-28.pnghttps://time.com/3961676/history-credit-scores/https://www.fastcompany.com/40464730/equifax-has-a-super-shady-history-that-might-explain-its-shady-presenthttps://www.ftc.gov/system/files/ftc_gov/pdf/fcra-march-2026.pdfhttps://www.fico.com/blogs/fico-s-adoption-and-pricing-mortgage-origination-markethttps://www.federalreserve.gov/boarddocs/rptcongress/creditscore/general.htmhttps://ourworldindata.org/cdn-cgi/imagedelivery/qLq-8BTgXU8yG0N6HnOy8g/fbcddeb4-03aa-4632-0712-ba0aa739fb00/w=2160https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/unlocking-the-full-life-cycle-value-from-connected-car-datahttps://theworknumber.com/https://www.consumerfinance.gov/ask-cfpb/how-long-does-information-stay-on-my-credit-report-en-323/https://www.bu.edu/law/record/articles/2021/closing-the-wage-gaphttps://hbr.org/2025/07/how-ai-assessment-tools-affect-job-candidates-behaviorhttps://internationalbanker.com/technology/the-rise-of-dynamic-pricing-how-algorithms-are-rewriting-the-economics-of-price/https://www.bloomberg.com/news/articles/2026-06-04/jane-street-plans-new-data-center-as-compute-power-runs-scarcehttps://newsroom.haas.berkeley.edu/how-hedge-funds-use-satellite-images-to-beat-wall-street-and-main-street/https://www.grandviewresearch.com/static/img/research/alternative-data-market-size.webphttps://www.edmunds.com/car-news/gm-killed-program-that-sold-driving-data-to-insurance-companies.htmlhttps://nypost.com/2024/03/12/business/your-car-is-spying-on-you-and-upping-your-insurance-rates-report/https://www.wyden.senate.gov/news/press-releases/wyden-investigation-reveals-new-details-about-automakers-sharing-of-driver-information-with-data-brokers-wyden-and-markey-urge-ftc-to-crack-down-on-disclosures-of-americans-data-without-drivers-consenthttps://www.eff.org/deeplinks/2024/04/how-political-campaigns-use-your-data-target-youhttps://pages.awscloud.com/EMEA-Data-Flywheel.htmlhttps://www.pbs.org/newshour/science/dna-anc Learn more about your ad choices. Visit megaphone.fm/adchoices

More from How Money Works

Oct 30, 2026

Yes... People ARE Angry 🔒Remove your personal information from the web at https://joindeleteme.com/HMW and use code HMW for 20% off 🙌 DeleteMe international Plans: https://international.joindeleteme.com Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut @HowHistoryWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #finance #economy #money For some reason everybody keeps asking if “you feel better today than you did 4 years ago”, and for many people, the answer is pretty clear… Prices for everything they are buying have stabilized but they haven’t gone back DOWN, The AVERAGE household is now making more than ever before but the MEDIAN household is still worse off in real terms than they were in 2019, which means a lot of people are just falling further behind. That is, they are falling further behind the small group of households pulling the average up, and they are falling further behind on their own personal finances. Household savings have been eliminated while credit card debt has climbed to its highest level in HISTORY, housing is less affordable than ever ESPECIALLY for people who weren’t lucky enough to lock in generationally low interest rates, And the job market has become filled with automated systems, endless interviews and roles that never really existed. Unemployment may be down but that data point completely ignores the millions of people who have simply given up. There are a lot of REAL problems hurting a lot of real people… and the worst possible thing you can do… is tell them how great everything is and how grateful they should be…. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -----------------------------------

Oct 30, 2026

If The Market Crashed... Where Does All The Money Go? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. --------------------------------

Oct 30, 2026

The Golden Age of the Middleman Sign up for Morning Brew today for your daily news briefing by using my link 👉🏻 https://morningbrewdaily.com/hmw https://howmoneyworkslibrary.com/direct-the-rise-of-the-middleman Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ Modern MBA Vid on DTC: https://youtu.be/WcNbIm0fRxk?si=A69oMSjv3sen9x2k My Other Channels: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #business #finance #economy The art of good business is being a good middleman… The biggest companies that you have never heard of make billions of dollars every year by inserting themselves as wholesalers, distributors, licensors or aggregators getting between you and the factories that make your stuff. The only problem is… everybody kinda hates middlemen… which is why ENTIRE industries have been created from the ground up to “cut them out” by offering direct to consumer, peer to peer, direct selling, disruptive, streamlined, outlet, platformed solutions to make consuming… everything… an easier, faster and cheaper experience. The only problem is… it never really works, and in our venture capital fueled rush to cut out the middleman, we have just created even bigger ones. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - ----------------------------

Oct 30, 2026

How Old People Took Over The World Invest in your mind today with Imprint. You can use my link: https://imprintapp.com/how-money-works-A to get a 7 day free trial and a 20% discount on access to Imprint. The Pinch - https://howmoneyworkslibrary.com/the-pinch Outliers - https://howmoneyworkslibrary.com/outliers Sign up for our FREE newsletter! - https://www.compoundeddaily.com/ Books we recommend - https://howmoneyworkslibrary.com/ My Other Channel: @HowHistoryWorks @HowMoneyWorksUncut Edited By: Svibe Multimedia Studio Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images 📩 Business Inquiries ➡️ [email protected] Sign up for our newsletter https://compoundeddaily.com 👈 All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. #gerontocracy #wealth #money The average age of a public company CEO is now 58 years old, the average Director is 63… The average member of Congress is over 60, and the only reason the incoming senate isn't the oldest ever elected is because so many of its members are dying in power pulling down the calculation. If Donald Trump serves his entire term he will be the oldest president in history… after replacing the oldest president in history… And don’t worry we are not alone, the leaders of the two most populous countries in the world India and China are also 74 and 71 respectively. The AVERAGE person living in the world today is on AVERAGE ruled over by someone FORTY years older than them… and it all happened because of a few small demographic changes… So how did old people take over the world? Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - --------------------------------

Oct 30, 2026

Net Worth Figures Are Complete Nonsense That Nobody Should Believe! - How Money Works Become a smarter investor in minutes by signing up a free trial of Finimize with my link https://bit.ly/FinimizeHowMoneyWorks Sign up for my newsletter https://compoundeddaily.com 👈 Forbes and Bloomberg both publish lists that detail and rank the richest people in the world. These are the businesses most popular publications and for good reason. Forbes and Bloomberg both want to be the brands people think of when they think information for rich people and about rich people, and what better way to market that idea than a list. People like top ten lists and people like reading about rich people, it’s no wonder that there are endless copycats out there tracking everything from the richest influencers to the richest chefs. But if I asked you what your net worth was, you probably wouldn’t know, and the only way you would accurately be able to find out is by accessing a lot of personal financial information. So how do the reporters for Forbes, Bloomberg and TMZ work it out? #howmoneyworks #billionaire Edited By: Andrew Gonzales Music Courtesy of: Epidemic Sound Select Footage Courtesy of: Getty Images For sponsorship inquiries, please contact [email protected] All materials in these videos are for educational purposes only and fall within the guidelines of fair use. No copyright infringement intended. This video does not provide investment or financial advice of any kind. Follow to learn How Money Works. Find How Money Works on YouTube: https://www.youtube.com/@HowMoneyWorks Disclaimer: This podcast is an independently produced audio adaptation of content originally created by How Money Works. It was developed by a fan who values the channel’s clear and engaging approach to financial education, with the goal of making that knowledge more accessible in a hands-free, audio format. This is not an official production of How Money Works, and it is not affiliated with or endorsed by the channel. All rights to the original video content remain with How Money Works. For any concerns, inquiries, or content-related requests, please feel free to reach out. - -------------------

See all episodes →