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Earlier quoted context omitted.
You honestly think that Facebook is lying to investors about key metrics? Do you know how much of a field day of litigation the SEC would have if that were true?
they've lied about metrics before: https://www.theverge.com/2018/10/17/17989712/facebook-inaccu...
Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.
- The biggest problem with Facebook in terms of immediate impact is not loss of privacy, though that’s real. It’s behavioural manipulation, which has lots of very negative outcomes for you as a user as well as society. Don’t think you’re not been manipulated, you are, and you are susceptible to it. Your behaviour and emotions are negatively impacted by the fact you use facebook.
- This is not “capitalism” or “consumer voting with their money”. Firstly, due to network effects Facebook has a monopoly on their kind of product. The choice is Facebook vs no facebook. Second, the currency is time and attention to sell ads. Finally, most people are addicted to social media by design and it’s arguable whether they have a truly free choice. Is a gambling addict voting with their feet? The gambling addict knows they won’t win and usually knows they’re addicted; social media addicts people very subtly and manipulates you over time. Few people would admit to being addicted, but if you really think you’re not - fine, if it’s no big deal then just take a month off from social media and see what happens.
Good summary is Jaron Lanier’s interview https://youtu.be/kc_Jq42Og7Q
Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.
Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.
You honestly think that Facebook is lying to investors about key metrics? Do you know how much of a field day of litigation the SEC would have if that were true?
Facebook is the only way a lot of people have to contact one another. I feel like only celebrities deleted FB accounts during the whole #DeleteFacebook thing. Furthermore, I think a lot of that campaign (and be honest, it was not organic. It was a purposeful campaign by news and media giants in an attempt to show they still dominated the minds of people in the world) was a battle of the old rich vs the nouveau riche…
Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.
You honestly think that Facebook is lying to investors about key metrics? Do you know how much of a field day of litigation the SEC would have if that were true?
Who's going to prove him wrong? Does anyone else have access to FB internal metrics? And what's the downside to lying? Worst case a slap on the wrist fine and a drop in stock price?
Zuck has repeatedly demonstrated himself to be the type of person who will absolutely take advantage of any situation without any kind of ethical qualms.
I'm not saying he's lying about this too, but it wouldn't surprise me in the least, SEC or no.
Or... Zuckerberg is lying. You certainly can’t treat anything he says as ground truth - you need independent figures.
You have every right to be less than impressed with the company and its business model(s), but dont make baseless claims.
Perhaps to be more generous I should say “exaggerating” or “being selective.”
Clearly his interests are aligned with higher stats. Therefore, it makes sense to corroborate those stats with independent data.