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Facebook has obviously just been seeking to maximize profit for their shareholders as possible (maybe at the expense of some people, but no more so than any cig
by SQueeeeeL 4y ago
Facebook has obviously just been seeking to maximize profit for their shareholders as possible (maybe at the expense of some people, but no more so than any cigarette or oil company). Are you implying that ideology should be changed?
- worik 4y ago> Facebook has obviously just been seeking to maximize profit for their shareholders as possible .... Are you implying that ideology should be changed? Not me. But they are a poster child for greed destroying a fabulous business. They were on the verge of connecting every single person on the planet, becoming the hub of everybodie's communications. And they threw it away for a bit of extra monetisation
- SQueeeeeL 4y agoThat's a contradiction. Either profit ideology is good or it isn't, but you're trying to say it's situational, uncaring markets don't work that way. Facebook/any private company goal should never be anything egalitarian, and if it is, that's arbitrage and will eventually be stripped away. Bob Iger (ex-CEO of Disney) is the king of this: “We have no obligation to make art. We have no obligation to make history. We have no obligation to make a statement. But to make money"
- NayamAmarshe 4y ago> Are you implying that ideology should be changed? Yes. Privacy and Monetization can go hand in hand but this is a problem Big Tech isn't looking to solve because they do not consider it a problem in the first place. If we continue on the current path, the dystopia will only get worse. Companies that refuse to innovate in this space are going to face the consequences sooner or later or on the other hand, people that refuse to stop supporting companies that enable censorship and surveillance will face the consequences as well.