Worth Reading: Fearing Facebook

I used to greatly admire Mark Zuckerberg. Now, I fear him. Here’s why. Facebook is now a supranational company. It spans the globe with about 2 billion subscribers, its 2016 revenue reached $27.6B—54% more than in 2015; it’s immensely profitable (37% of revenue) and cash-rich with $29.56 “in the bank”. Decades ago, European Communists complained about “multinationals”, companies whose spread over multiple countries allowed them to escape full accountability in any one location. —Monday Note

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2 Comments

  1. Jason Belk 14 March 2017 at 4:08 pm

    Thanks for the share Russ. I try to encourage my fellow millennial age friends to be aware that they are the product and not share unnecessarily their personal information (and also to not trust the tribal filtering that takes place on newsfeed and advertisements). I think especially as Christians and those who seek to have liberty and justice take place globally, we need to be aware of the dangers of centralized control and persuasion. Rule 11 applied to the aggregation, filtering and dissemination of information….this is not a new story.

    • Steve 14 March 2017 at 4:28 pm

      I keep thinking of the book “The Master Switch” and its observation that all communication systems become closed over time. Wondering if we are all willingly helping close the internet.

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