How much money would each LA country have lost from Facebook's downfall?

2021-10-05T21:01:05.047Z

The fall of Facebook caused interruptions in communications and also economic losses. We present you some estimates.

The Pandora's box that would sink Facebook, according to expert 1:38

(CNN Spanish) -

The fall on Monday of all the platforms of the Facebook company (WhatsApp, Instagram, Messenger and Facebook) caused interruptions in various areas, which translates into damages for millions of people.

This said Facebook about the blackout of its service 0:36

Mark Zuckerberg's company has not given figures on how many people were affected by the 'blackout' of its services.

However, fall-tracking site Downdetector noted that, as of 05:00 p.m. ET Monday, more than 10.6 million people worldwide had reported problems.

Although the number is large, it is estimated that many more are affected, since the fall of Facebook was global.

Across all its platforms, the company has around 3.51 billion monthly active users, according to the earnings report for the second quarter of 2021.

Not only communications were interrupted, but also the economic flow, since many businesses have their main sales and logistics channel on Facebook platforms.

The human face of the fall of WhatsApp and Instagram: the consequences for startups and businesses

A tool to know how much money may have been lost after the fall of Facebook

Taking this into account, is it possible to know how much money was lost by Facebook's 6-hour crash?

Internet monitoring group NetBlocks has a tool called Cost of Shutdown Tool that gives us the answer to that question.

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With the Cost of Shutdown Tool, NetBlocks makes estimates of how much money a country may have lost after a drop in social media services.

These estimates are carried out through simulations that take into account official data from the World Bank, the International Telecommunications Union (ITU), Eurostat and the United States Census Bureau.

"NetBlocks Cost of Shutdown Tool is a data-driven online service that enables anyone - including journalists, researchers, activists, politicians, businesses, and others - to quickly and easily make rough estimates of the economic impact of Internet outages. ", indicates the group on its website.

The tool is easy to use.

You only have to select a country, the services that went down (five are included: Facebook, Instagram, WhatsApp, Twitter and YouTube) and the duration of the fall.

Here are the estimates for Latin American countries.