>- Facebook makes money from your data by showing you ads. If you stop using facebook, you stop generating any revenue and your data becomes a liability, not an asset.
This part at least is incorrect. Your data will always be an asset, and FB makes money not just by showing you ads but by selling your data.
And they obviously give away some data for free, especially pertaining to users who click through OAuth consent screens as in the Cambridge Analytica case: https://developers.facebook.com/docs/graph-api
What are some examples of transactions where they exchanged data for money?
Do you know what the legal status is of models derived from someone else's data? EG, can I train an AI from every Marvel movie, then use that to produce other movies?
That's not a great analogy because I would be violating other people's IP, whereas FB generally has rights to the data they collect.
Facebook cares about “your” data, but that doesn’t really mean your painstakingly edited review of the new avengers movie. It’s more what you spend time looking at, what you click on, etc.
This part at least is incorrect. Your data will always be an asset, and FB makes money not just by showing you ads but by selling your data.