“And in what could be the most damaging blow to Facebook, Haugen’s lawyers filed at least eight complaints with the Securities and Exchange Commission suggesting that it misled investors about what it was doing to combat misinformation, hate, and other problematic content on the site.”
FB is misinformation.
Haugen added that she’d initially joined the company in mid-2019 on the condition that she could work on combating misinformation. She had lost a friend down a white nationalism rabbit hole through social media and wanted to help change things.
That was her second mistake, thinking she could change the toxic corporate culture of the place from the inside, the founders of Insta thought they could do the same and got their own rude awakening. That article further makes one realise how far out of his depth Zuckerberg is and why nobody should be allowed to oversee the social media lives of 3+ billion people. Split the damn company up already.
And that’s part of the problem right there. Helping foment an insurrection, and the court of complaint is the SEC?
What if they’d done a due-diligance report informing investors of the possible benefits of insurrection? Would that have been okay?
She may be seeking protection under the Dodd-Frank whistleblower program, which is explained in the 60 Minutes interview.
But yeah, shareholder derivative suits and SEC complaints are no substitute for effective governmental regulation to mitigate the societal harm caused by social media. Once again, privatize the gains, socialize the losses . . .
Good.
Damn, you are FAST.
I was just coming here to post this.
I’m on lunch break.
Taquitos & a potato pancake. Mixing my ethnic foodaphores.
My Covid diet could be healthier.
Now that’s funny!
I would die if “we accidentally deleted our service’s connection to the internet, simultaneously locking all of our employees out of the building where the problem is happening, and nobody cares enough to break a window to get back inside” was the ultimate reason for the death of Facebook.
just curious if anyone has thought about this and if its not possible for some reason. rather than relying on a single social media platform what about another app that aggregates social media. like in an imaginary world where google+ and myspace still existed alongside facebook, a single app to let you view and reply to friends wherever they are? basically the way we use email. like you can reply and communicate with someone on yahoo or gmail or whatever random private server from a single mail application. Im not tech savvy in the least so maybe theres a million reasons that couldn’t work. I just wish there were a way to break the monopoly of facebook without losing touch with people who use it.
Unfortunately, the 2.0 social media companies like FB and Twitter quickly realized that if they just gave their data out to whoever asked for it, they’d lose out on all of the ads they could be showing to those people if they forced them to stay siloed on their own platform with an interface that they had complete control over. (Twitter has been especially egregious about this, removing open data formats like RSS feeds and practically destroying the 3rd party app ecosystem by deprecating half of the APIs they used while standing up new APIs that they couldn’t, and building whole new feature sets that never got API access to begin with, like polls.)
Chat services have figured this out too, which is why apps like Adium or Trillium or Pidgin have basically died out (and even a lot of the old interoperability that those apps were built on was essentially a cold war-esque stalemate). Basically, without any sort of stable official endpoints to poll, companies these days are capable of “breaking” their apps by making a constant stream of protocol changes faster than third parties can keep up by reverse-engineering the data that comes across the wire. I can’t imagine wanting to work on an app like Tweetbot if every day I had to reverse-engineer Twitter’s data formats to see how they were deciding to eff things up for me.
Wasn’t that called the internet?
Way back in the before-times.
Even a fool can have a moment of awareness, broken clocks and all that.
