4 ms·
No company survives forever...every company eventually declines, and then either shuts down or gets acquired. It's clear Facebook won't just disappear--its asse
by m52go 9y ago
No company survives forever...every company eventually declines, and then either shuts down or gets acquired. It's clear Facebook won't just disappear--its assets (data) are too valuable.
Intriguing questions to ask: what happens when Facebook does eventually decline? How much is Facebook's data worth? Who will ultimately acquire it? And perhaps more critically: what will their intentions be?
This is why Zuckerberg's opinions / testifying don't really matter. He's created a tool that's more powerful and more dangerous than humans have any business creating. As with any such tool, it will be used to wreak havoc sooner or later...even if he's an innocent, well-meaning guy, he will not always be the one in charge of this power.
I think of Facebook's power as similar to that of the atomic bomb. Yes it's a triumph of human ingenuity, and it can be used for good, but there's a catastrophic flip side.
- pwython 9y agoJust for fun, your comment reminded me of this: https://en.wikipedia.org/wiki/List_of_oldest_companies https://en.wikipedia.org/wiki/List_of_oldest_companies
- davidkuhta 9y agoFor the curious: Kongō Gumi Co., Ltd. is a Japanese construction company which was the world's oldest continuously ongoing independent company, operating for over 1,400 years until it was absorbed as a subsidiary of Takamatsu in 2006.
- rtx 9y agoToday Facebook is more similar to GoldMan Sachs. Companies like that only die once in a decade.
- daveFNbuck 9y agoIts data lose value unless they're constantly refreshed. If people stop using Facebook, a lot of that value will just fade away.