We spend 3710 centuries daily on Facebook
We're not kidding, keep reading to check our math.
I did the math for the biggest Web 2 media platform and it happened to be Facebook.
Keep reading to find out how I calculated that number. If we do this calculation for other Web 2 platforms and add them together I’m going to faint.
Let's get a clearer picture of how much time humanity is mostly wasting for example on Facebook and getting almost no value in return, while the web 2 platform reaps billions from fraudulent advertising (allowing bots to consume your budget) and selling their user's content/data, or selling solutions derived from user data, treating their users as resources.
Studies have shown that the average user spends 18 hours per month on Facebook. This increased during the so-called covid plandemic to 65 minutes per day or 32.5 hours per month. Source: https://www.statista.com/topics/7863/social-media-use-during-coronavirus-covid-19-worldwide/#dossierKeyfigures
65 minutes per day on average multiplied by around 3 billion constantly active users means:
✓ 3.25 billion hours spent by Facebook users daily on its platform or app
✓ that's over 135.4 million days spent collectively on Facebook, every day
✓ that's 371.000 years daily that could be used to explore the universe
✓ 3710 centuries that our species could use for problem solving and progress
The World is collectively wasting incomprehensible amounts of time in these ads-ridden echo chambers, time that could be focused differently with “massive scale collaboration” to empower ourselves and accelerate human progress and clean up the biosphere.
Ergo, the world works for the big social media companies, every day, for free, while they the owners, make billions from our content and personal information and not giving anything back to us, to the world or the biosphere.
Well, Web 3 Ambassadors say: It's Time to change this!
Just look at what this one dude named Luis von Ahn (early developer of captcha script for human user validation) accomplished with only 10 seconds occasionally spent by a few million different users around the world doing the same thing as they did before (filling captchas, but with a twist).
He leveraged just 10 seconds of collective time spent by a few million people daily to create extremely powerful tools for the benefit of all humans at no cost to individuals.
Imagine what we could do with a few minutes every day spent by 3 billion users in an intelligent way that helps us solve unbelievably hard biosphere problems.
If Facebook and other social media platforms/apps would not be running ads, they would go bankrupt before you can say “Website under maintenance”. They cannot use any other model of business as their whole ecosystem is built around this model. This is why their days are numbered.
If these businesses and in general, if people would have any better option other than ads to get exposure, they would go for it. The Gratitude Token World team is developing one. You can get on the waiting list early on on www.biip.world
Giants fall in time too, just like the cassette and CD industry ended when the mp3 technology took off.
As we already established, the current business model for social media companies is to monetize user activity through their Ads. In this rigged game, the users and business owners always lose more than they gain. Humanity loses more than it gains. We lose more than we can imagine.
We, the founders of Web 3 Ambassadors and gratitudetoken.world believe that most of the value invested by humans (time or money) in a network of any kind must remain in the network and everyone must have equality of opportunity to implicitly benefit from their hard work without intermediaries, without doing more work to create campaigns - and then paying the platforms/apps owners huge amounts of hard-earned currency only to get bad exposure and conversion rates.
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