The value of Facebook and other digital services

Women seem to value Facebook more than men do.

Older consumers value Facebook more.

Education and US region do not seem to be significant.

The median compensation for giving up Facebook is in the range of $40 to $50 a month, based mostly on surveys, though some people do actually have to give up Facebook.

I find it hard to believe the survey-based estimate that search engines are worth over 17k a year.

Email is worth 8.4k, and digital maps 3.6k, and video streaming at 1.1k, again all at the median and based on surveys.  Personally, I value digital maps at close to zero, mostly because I do not know how to use them.

That is all from a new NBER paper by Erik Brynjolfsson, Felix Eggers, and Avinash Gannamaneni.

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