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Or Equifax. FB is a giant company that has produced billions of dollars in value.. to complete the cliche, it was literally started in a college dorm room. Co
by Nelson69 8y ago
Or Equifax.
FB is a giant company that has produced billions of dollars in value.. to complete the cliche, it was literally started in a college dorm room. Congress and the Senate want to look good, but they don't want to hurt the company. (Quite the opposite, the company's story is the stuff of American legends and there isn't a single elected rep or senator that wouldn't ask FB to consider their state if there was some sort of FB "HQ2" project.) More to the point, they have no idea how to "fix" the situation. Facebook does what it does and users freely give them tons and tons of valuable information. Equifax and company do what they do and it's all behind the scenes, it's not even possible to opt out and it would be devastating to your credit if you could. Facebook helped some electioneers target ads better and maybe moved the needle in an election, that shit has been happening since there have been elections. Equifax and company have cost countless people billions or even trillions of dollars in extra payments because their proprietary credit algorithm says they're a higher risk and we have no idea if it's a valid algorithm or not, but banks trust it.
- tareqak 8y agoSpeaking of moving to their state: There was actually a Congressman (Mr. Cramer, North Dakota) who mentioned Silicon Valley bias, and thought that the moderators themselves were there too. He asked Zuckerburg to consider opening a Facebook location in middle America (name dropping a city or two in his own state of North Dakota). Zuckerburg clarified that the moderators were located around the world. [0] [0] https://youtu.be/h3vkyVC7Qj8?t=14044 https://youtu.be/h3vkyVC7Qj8?t=14044
- jiveturkey 8y agoyou can opt out to a degree. you can freeze your credit making most queries impossible. i’ve paid deposits for utilities and cell service rather than unfreeze my credit. the opt out aspect isn’t perfect of course since id thieves can still steal the data, but with frozen credit at least it’s harder for them to use for critical purposes.