5 ms·

The board is made up of outside experts. They're independent of fartbook.

0xy 5y ago
That's just totally false, the Oversight Board was created, funded and structured by Facebook and therefore does not meet the definition of independent. It's about as "independent" as DoubleClick is of Google.
- ceejayoz 5y ago
  21st Century Fox was created, funded, and structured by News Corp. Are they still controlled by News Corp now and forever as a result? A $130M irrevocable trust to ensure their operations seems like a decent stab at ensuring they're not beholden to Facebook.
  - 0xy 5y ago
    Facebook appointed every member of the board and directly funded it. Would you trust the BP Oversight Board, staffed 100% by people selected by BP, to police BP's emissions? Independent means independent.
  - dbcurtis 5y ago
    > Intel was created, funded, and structured by Fairchild Semiconductor. Are they still controlled by Fairchild Wut? Read up on the “Traitorous Eight”.
    - ceejayoz 5y ago
      You're right, my bad. I was looking for corporate spin-off examples and grabbed a bad one. Updated with a better one.
deleted 5y ago
[deleted]
jaywalk 5y ago
Yeah I'm sure Facebook picked a bunch of people who didn't align with their ideals.
eplanit 5y ago
Who pays them, directly and indirectly?
- ZeroCool2u 5y ago
  From what I understand, the foundation is funded by Facebook directly, but it's unclear what kind of obligations are legally/contractually required by that funding. Of course FB can always pull funding completely, but that would be a bit blatant.
  - ceejayoz 5y ago
    > Of course FB can always pull funding completely... They can't, though. It's an irrevocable trust; the Oversight Board would have to agree to terminate it.
  - threatofrain 5y ago
    What sources did you use to inform this view?
    - mtmail 5y ago
      https://en.wikipedia.org/wiki/Oversight_Board_(Facebook)#Governance https://en.wikipedia.org/wiki/Oversight_Board_(Facebook)#Gov... has details on the funding. $130m, expected to last 50 years.
      - username90 5y ago
        > $130m, expected to last 50 years. I read: > Facebook established an irrevocable trust with $130 million in initial funding, expected to cover operational costs for over half a decade Half a decade is 5 years, not 50.
    - ZeroCool2u 5y ago
      A WSJ article I read, but the wiki page is almost certainly a better source.
ipaddr 5y ago
Pretty stacked deck of certain types. Having experts independent of facebook only works if you provide a fair diversity. If everyone drinks the same cool-aid the process for selecting these experts becomes the overriding issue. How were these people selected? Do we have a matrix on their ideology? Is that an acceptable balance? https://oversightboard.com/meet-the-board/ https://oversightboard.com/meet-the-board/

0xy 5y ago

That's just totally false, the Oversight Board was created, funded and structured by Facebook and therefore does not meet the definition of independent. It's about as "independent" as DoubleClick is of Google.

ceejayoz 5y ago
21st Century Fox was created, funded, and structured by News Corp. Are they still controlled by News Corp now and forever as a result? A $130M irrevocable trust to ensure their operations seems like a decent stab at ensuring they're not beholden to Facebook.
- 0xy 5y ago
  Facebook appointed every member of the board and directly funded it. Would you trust the BP Oversight Board, staffed 100% by people selected by BP, to police BP's emissions? Independent means independent.
- dbcurtis 5y ago
  > Intel was created, funded, and structured by Fairchild Semiconductor. Are they still controlled by Fairchild Wut? Read up on the “Traitorous Eight”.
  - ceejayoz 5y ago
    You're right, my bad. I was looking for corporate spin-off examples and grabbed a bad one. Updated with a better one.

deleted 5y ago

[deleted]

jaywalk 5y ago

Yeah I'm sure Facebook picked a bunch of people who didn't align with their ideals.

eplanit 5y ago

Who pays them, directly and indirectly?

ZeroCool2u 5y ago
From what I understand, the foundation is funded by Facebook directly, but it's unclear what kind of obligations are legally/contractually required by that funding. Of course FB can always pull funding completely, but that would be a bit blatant.
- ceejayoz 5y ago
  > Of course FB can always pull funding completely... They can't, though. It's an irrevocable trust; the Oversight Board would have to agree to terminate it.
- threatofrain 5y ago
  What sources did you use to inform this view?
  - mtmail 5y ago
    https://en.wikipedia.org/wiki/Oversight_Board_(Facebook)#Governance https://en.wikipedia.org/wiki/Oversight_Board_(Facebook)#Gov... has details on the funding. $130m, expected to last 50 years.
    - username90 5y ago
      > $130m, expected to last 50 years. I read: > Facebook established an irrevocable trust with $130 million in initial funding, expected to cover operational costs for over half a decade Half a decade is 5 years, not 50.
  - ZeroCool2u 5y ago
    A WSJ article I read, but the wiki page is almost certainly a better source.

ipaddr 5y ago

Pretty stacked deck of certain types. Having experts independent of facebook only works if you provide a fair diversity. If everyone drinks the same cool-aid the process for selecting these experts becomes the overriding issue. How were these people selected? Do we have a matrix on their ideology? Is that an acceptable balance? https://oversightboard.com/meet-the-board/ https://oversightboard.com/meet-the-board/