Right now, there are people observing chinese factories, reporting number of shifts etc. to some guy in a remote office.
Conversely, many aviation enthusiasts are more interested in hyperlocal tracking where FR24 again loses-out to tightly-focused private networks.
So it's really aiming to position itself as a (1) business solution for fleet management and (2) for general travellers who aren't concerned with watching 'special' traffic but want to see where is their delayed United flight.
[0] However many of the same operators who have their aircraft publically hidden or masked also use FR24 for managing their own fleets as it's much cheaper than subscribing to datalinking through SITA or whatever.
Indeed what a way to spend your short life, chasing currency by watching parking lots empty and fill while clicking buttons to move sums of digital funds around.
Don't know how to break it to you, but I am pretty sure we're all just on a very brief stint scurrying around pointlessly on a rock near an unregarded yellow sun located at the unfashionable end of the western spiral arm of the Galaxy.
Yes, that's not the same thing if you believe that people should generally work towards improving social utility[1]. It takes some significant mental gymnastics to convince yourself that getting a market edge over other funds to improve your hedge fund's performance at the expense of theirs is improving social utility. It's just concentrating wealth from some rich people (one fund's shareholders) to other rich people (your fund's shareholders). Maybe if you're lucky you'll even be taking money from retirement accounts.
Even if you argue that someone else would take the money if you didn't, that's not enough to offset the loss of so many people doing something so wasteful from an intelligence perspective. The current incentives draw significant portions of intelligent people away from doing something constructive for society (science, medicine, engineering, math) to competing in an information game for rich people.
As for your link to Quora, that's a completely incomprehensible rant, just FYI.
Just FYI, it was an explanation of the term 'social utility'.
* Air safety authorities * Aircraft companies * Travel data companies * Insurance companies
> The problem is that there are large blind spots when aircraft go over oceans due to the lack of receivers, so this is intended to increase coverage.