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> Facebook is just transitioning to becoming the digital equivalent of an oil company. Seems more analogous to a tobacco company. Some people think it's bad an
by notadoc 7y ago
> Facebook is just transitioning to becoming the digital equivalent of an oil company.
Seems more analogous to a tobacco company. Some people think it's bad and they use it anyway.
- JumpCrisscross 7y ago> Seems more analogous to a tobacco company They have an addictive product in common. But oil seems more apt. The sale of tobacco is highly regulated. Oil, less so; Facebook, not at all. Oil became useful in the Industrial Revolution, and enabled downstream innovation. Facebook came about amidst the modern Internet and is likewise a platform. Tobacco is old and the end of the line; the ancillary market is limited. Finally, both oil and Facebook are tools (for some). Tobacco could be thought of as a tool, but it‘a more universally hedonistic.
- deleted 7y ago[deleted]