Well, Facebook gave you access to your “friends. [fact]
Well, Facebook gave you access to your “friends.” And now, much of the energy formerly devoted to blogs or other online projects was now channeled into upgrading one’s Facebook profile and, with it, the value of Facebook itself. In this way, the public became like renters willingly making extensive improvements to their landlord’s property, even as they were made to look at advertisements. Facebook’s ultimate success lay in this deeply ingenious scheme of attention arbitrage, by which it created a virtual attention plantation.
Tim Wu, The Attention Merchants, loc. 1011