> This decision, as I understand it, renders large swathes of tech service revenue models untenable.
To be honest, good riddance. If it is no longer possible to offer users a "free" service in exchange for extremely invasive spying and psychological manipulation (without explicit consent [0]), it forces companies to 1) innovate in order to offer such services for a sustainable price, and 2) encourages competition from new entrants.
[0] By the way, one can imagine a scenario where users are somehow compensated for the permission to use their personal data. For example, let's say Facebook now costs 20€ per year. If you allow Facebook to use your personal data for ad targeting, now it costs 5€ per year.
To be honest, good riddance. If it is no longer possible to offer users a "free" service in exchange for extremely invasive spying and psychological manipulation (without explicit consent [0]), it forces companies to 1) innovate in order to offer such services for a sustainable price, and 2) encourages competition from new entrants.
[0] By the way, one can imagine a scenario where users are somehow compensated for the permission to use their personal data. For example, let's say Facebook now costs 20€ per year. If you allow Facebook to use your personal data for ad targeting, now it costs 5€ per year.