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> Facebook has obviously just been seeking to maximize profit for their shareholders as possible .... Are you implying that ideology should be changed? Not me.
by 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"