"Dude I'm Broke" Why Is My Data Worth Harvesting?
How Money Works 18:20
204,052 views · 8,188 likes Watch on YouTube ↗
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 Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
📩 Business Inquiries ➡️ sponsors@worksmedia.group
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.
#money #business #bigdata
------
Sources: In Order
https://www.bbc.com/future/article/20260513-your-car-is-spying-on-you-its-about-to-get-worse
https://www.usnews.com/news/u-s-news-decision-points/articles/2026-05-04/your-fridge-may-be-spying-on-you
https://www.tomsguide.com/how-to/how-to-get-an-apple-watch-for-free-through-your-health-insurance
https://www.pcmag.com/explainers/yes-your-tv-is-spying-on-you-heres-how-to-stop-it
https://www.wsj.com/tech/ai/reddit-signs-data-licensing-deal-with-openai-14993757
https://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-rcna197874
https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
https://awealthofcommonsense.com/wp-content/uploads/2025/07/image-28.png
https://time.com/3961676/history-credit-scores/
https://www.fastcompany.com/40464730/equifax-has-a-super-shady-history-that-might-explain-its-shady-present
https://www.ftc.gov/system/files/ftc_gov/pdf/fcra-march-2026.pdf
https://www.fico.com/blogs/fico-s-adoption-and-pricing-mortgage-origination-market
https://www.federalreserve.gov/boarddocs/rptcongress/creditscore/general.htm
https://ourworldindata.org/cdn-cgi/imagedelivery/qLq-8BTgXU8yG0N6HnOy8g/fbcddeb4-03aa-4632-0712-ba0aa739fb00/w=2160
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/unlocking-the-full-life-cycle-value-from-connected-car-data
https://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-gap
https://hbr.org/2025/07/how-ai-assessment-tools-affect-job-candidates-behavior
https://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-scarce
https://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.webp
https://www.edmunds.com/car-news/gm-killed-program-that-sold-driving-data-to-insurance-companies.html
https://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-consent
https://www.eff.org/deeplinks/2024/04/how-political-campaigns-use-your-data-target-you
https://pages.awscloud.com/EMEA-Data-Flywheel.html
https://www.pbs.org/newshour/science/dna-ancestry-searches-can-now-identify-most-white-americans-heres-why-thats-legally-questionable
https://techcrunch.com/2025/03/12/pokemon-go-maker-niantic-is-selling-its-games-division-to-scopely-for-3-5b
https://authorsguild.org/news/court-grants-final-approval-anthropic-copyright-settlement/
https://www.bbc.com/news/articles/cp30pz8d09jo
https://www.cbsnews.com/news/google-reddit-60-million-deal-ai-training/
https://www.pewresearch.org/short-reads/2025/07/22/google-users-are-less-likely-to-click-on-links-when-an-ai-summary-appears-in-the-results/
https://blog.pragmaticengineer.com/stack-overflow-is-almost-dead/
-----
Most of us just accept that Google and Facebook and Amazon and Neopets and Reddit and X are collecting and collating our information to serve us slightly more effective ads , so they can make slightly more revenue.
Of course it's all very creepy, and dystopian… but honestly, the more immediate question is; how is all of this even financially viable?
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 Studio
Music Courtesy of: Epidemic Sound
Select Footage Courtesy of: Getty Images
📩 Business Inquiries ➡️ sponsors@worksmedia.group
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.
#money #business #bigdata
------
Sources: In Order
https://www.bbc.com/future/article/20260513-your-car-is-spying-on-you-its-about-to-get-worse
https://www.usnews.com/news/u-s-news-decision-points/articles/2026-05-04/your-fridge-may-be-spying-on-you
https://www.tomsguide.com/how-to/how-to-get-an-apple-watch-for-free-through-your-health-insurance
https://www.pcmag.com/explainers/yes-your-tv-is-spying-on-you-heres-how-to-stop-it
https://www.wsj.com/tech/ai/reddit-signs-data-licensing-deal-with-openai-14993757
https://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-rcna197874
https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html
https://awealthofcommonsense.com/wp-content/uploads/2025/07/image-28.png
https://time.com/3961676/history-credit-scores/
https://www.fastcompany.com/40464730/equifax-has-a-super-shady-history-that-might-explain-its-shady-present
https://www.ftc.gov/system/files/ftc_gov/pdf/fcra-march-2026.pdf
https://www.fico.com/blogs/fico-s-adoption-and-pricing-mortgage-origination-market
https://www.federalreserve.gov/boarddocs/rptcongress/creditscore/general.htm
https://ourworldindata.org/cdn-cgi/imagedelivery/qLq-8BTgXU8yG0N6HnOy8g/fbcddeb4-03aa-4632-0712-ba0aa739fb00/w=2160
https://www.mckinsey.com/industries/automotive-and-assembly/our-insights/unlocking-the-full-life-cycle-value-from-connected-car-data
https://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-gap
https://hbr.org/2025/07/how-ai-assessment-tools-affect-job-candidates-behavior
https://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-scarce
https://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.webp
https://www.edmunds.com/car-news/gm-killed-program-that-sold-driving-data-to-insurance-companies.html
https://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-consent
https://www.eff.org/deeplinks/2024/04/how-political-campaigns-use-your-data-target-you
https://pages.awscloud.com/EMEA-Data-Flywheel.html
https://www.pbs.org/newshour/science/dna-ancestry-searches-can-now-identify-most-white-americans-heres-why-thats-legally-questionable
https://techcrunch.com/2025/03/12/pokemon-go-maker-niantic-is-selling-its-games-division-to-scopely-for-3-5b
https://authorsguild.org/news/court-grants-final-approval-anthropic-copyright-settlement/
https://www.bbc.com/news/articles/cp30pz8d09jo
https://www.cbsnews.com/news/google-reddit-60-million-deal-ai-training/
https://www.pewresearch.org/short-reads/2025/07/22/google-users-are-less-likely-to-click-on-links-when-an-ai-summary-appears-in-the-results/
https://blog.pragmaticengineer.com/stack-overflow-is-almost-dead/
-----
Most of us just accept that Google and Facebook and Amazon and Neopets and Reddit and X are collecting and collating our information to serve us slightly more effective ads , so they can make slightly more revenue.
Of course it's all very creepy, and dystopian… but honestly, the more immediate question is; how is all of this even financially viable?
Category (YouTube): Education Exumo categories: Finance & Investing
Playback is via YouTube's official embedded player. Data from YouTube; Exumo is not affiliated with YouTube.