Predicting individual-level income from Facebook profiles.
Information about a person's income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digit...
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Online Access: | https://doi.org/10.1371/journal.pone.0214369 |
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doaj-8634ca9bf95141d1acbda2b1f425ae622021-03-03T20:46:44ZengPublic Library of Science (PLoS)PLoS ONE1932-62032019-01-01143e021436910.1371/journal.pone.0214369Predicting individual-level income from Facebook profiles.Sandra C MatzJochen I MengesDavid J StillwellH Andrew SchwartzInformation about a person's income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digital footprints people leave on Facebook. Applying an established machine learning method to an income-representative sample of 2,623 U.S. Americans, we found that (i) Facebook Likes and Status Updates alone predicted a person's income with an accuracy of up to r = 0.43, and (ii) Facebook Likes and Status Updates added incremental predictive power above and beyond a range of socio-demographic variables (ΔR2 = 6-16%, with a correlation of up to r = 0.49). Our findings highlight both opportunities for businesses and legitimate privacy concerns that such prediction models pose to individuals and society when applied without individual consent.https://doi.org/10.1371/journal.pone.0214369 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Sandra C Matz Jochen I Menges David J Stillwell H Andrew Schwartz |
spellingShingle |
Sandra C Matz Jochen I Menges David J Stillwell H Andrew Schwartz Predicting individual-level income from Facebook profiles. PLoS ONE |
author_facet |
Sandra C Matz Jochen I Menges David J Stillwell H Andrew Schwartz |
author_sort |
Sandra C Matz |
title |
Predicting individual-level income from Facebook profiles. |
title_short |
Predicting individual-level income from Facebook profiles. |
title_full |
Predicting individual-level income from Facebook profiles. |
title_fullStr |
Predicting individual-level income from Facebook profiles. |
title_full_unstemmed |
Predicting individual-level income from Facebook profiles. |
title_sort |
predicting individual-level income from facebook profiles. |
publisher |
Public Library of Science (PLoS) |
series |
PLoS ONE |
issn |
1932-6203 |
publishDate |
2019-01-01 |
description |
Information about a person's income can be useful in several business-related contexts, such as personalized advertising or salary negotiations. However, many people consider this information private and are reluctant to share it. In this paper, we show that income is predictable from the digital footprints people leave on Facebook. Applying an established machine learning method to an income-representative sample of 2,623 U.S. Americans, we found that (i) Facebook Likes and Status Updates alone predicted a person's income with an accuracy of up to r = 0.43, and (ii) Facebook Likes and Status Updates added incremental predictive power above and beyond a range of socio-demographic variables (ΔR2 = 6-16%, with a correlation of up to r = 0.49). Our findings highlight both opportunities for businesses and legitimate privacy concerns that such prediction models pose to individuals and society when applied without individual consent. |
url |
https://doi.org/10.1371/journal.pone.0214369 |
work_keys_str_mv |
AT sandracmatz predictingindividuallevelincomefromfacebookprofiles AT jochenimenges predictingindividuallevelincomefromfacebookprofiles AT davidjstillwell predictingindividuallevelincomefromfacebookprofiles AT handrewschwartz predictingindividuallevelincomefromfacebookprofiles |
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1714820651086249984 |