Get All Access for $5/mo

Despite Social Media's Popularity, Most Americans Don't Want to Give Up Private Data Clearly, the latest report from Pew shows we're conflicted, because we're still all on Facebook.

By Laura Entis

Opinions expressed by Entrepreneur contributors are their own.

2nix Studio | Shutterstock

In a new report on privacy, the Pew Research Center explores the tricky balance between the desire to control our personal data and our love of convenience and free stuff.

Pew surveyed more than 450 U.S. adults last winter, asking them whether they'd be comfortable handing over their information in six separate situations, ranging from workplace surveillance to having their driving monitored by a car-insurance company. The takeaway? We're conflicted -- 17 percent of respondents said they wouldn't take any of the deals described, and only 4 percent say they would accept all of the deals -- and our willingness to swap data for value depends on the situation.

Related: The Psychology Behind Why We Like, Share and Comment on Facebook (Infographic)

Of the six outlined scenarios, respondents were uncomfortable with the privacy tradeoffs required to access free social media. In that scenario, Pew outlined a social-media site -- a clear Facebook stand in -- which gives users free access in exchange for the ability to sell them ads using their personal data. Only a third of respondents thought this tradeoff was "acceptable," 15 percent said it depended on the situation, and 51 percent found the tradeoff "unacceptable."

To be fair, much of this is generational -- around 40 percent of those under age 50 say this deal would be acceptable, compared with nearly a quarter of those ages 50 and above, and one expects that percentage would only go up with younger demographics.

Still, it's an interesting statistic that illustrates that social networks, for many of us, have become a part of daily life but still have the power to make us deeply uncomfortable.

Wrote one respondent, "Although I understand this scenario is already standard practice, it uses information collected about me in a manner not for my benefit, without my consent."

Related: How Facebook 'Likes' Could Be Used to Make Personality-Based Hiring Decisions

Laura Entis

Staff Writer. Frequently covers tech, business psychology, social media, startups and digital advertising.

Laura Entis is a staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Management

Why Business Owners Should Mix Strategy with Hands-On Involvement

Conventional wisdom says to work on the business, not in the business. That sounds like good advice, but is there more to it? Yes, and finding the balance is key to entrepreneurial success.

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

You Need an Advisory Team More Than Ever. Here's Why — and How to Run One Effectively.

The right advice, particularly in a company's early stages, can be an existential matter: how to surround yourself with the right minds.