Earlier quoted context omitted.
Privacy and social networking are naturally opposing ideas--social networking is all about sharing information with people and privacy is all about keeping information from people. That's like saying Google ("organize the world's information") overlooked the importance of disorganization or ignorance. It won't be privacy at all that Facebook overlooks, it'll be something completely orthogonal to that axis. It is, how…
That's certainly what Facebook believes. What it doesn't really understand (possibly because its people have gone straight there from college and continued in the same atmosphere) is that normal people want a certain amount of separation between their networks, e.g. work/social/personal.
this isn't to say that i don't ever want to say something to my friends but not family, or vice-versa. more often my issues with the "audience" for my facebook posts have to do with various groups interest in the subject of the post - people i went to high school with mostly don't care about python, or some great restaurant out here across the country.