So has the fire sale of fb stock started yet?
GOP will accept this bs? Just today another app has been identified that it was using the same approach as Cambridge Analytica. https://www.cnbc.com/2018/04/08/cubeyou-cambridge-like-app-collected-data-on-millions-from-facebook.html
The smoke / mirrors gambit should stop and no amount of "gee whiz, I'm the boss, I'm sorry I was too busy counting cash to notice that I was allowing foreign nations to impact the election....so I'll try harder from now on.
Trust is earned and FB just blew their creds big time.What are you waiting for? #deletefacebook. Do your civic responsibility and reduce this national security situation into a pile of smoldering stock. Make an effort to stay in touch with people you actually care about. Be a human being with real human interactions, not dopamine-surging clicks and likes.
Going up. And why shouldnât it? Itâs not like Trump has Tweeted threats at them.
âDo I hear 150 million?â
still too low
âDo I hear 200 million?â
âWe didnât take a broad enough view of our responsibility, and that was a big mistake, and Iâm sorry. I started Facebook, I run it, and Iâm responsible for what happens here,â he wrote in the planned testimony, which was released on Monday ahead of his appearances.
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Zuckerberg confirmed in the testimony that the Internet Research Agency (IRA), a Russian troll farm, reached an estimated 126 million people with its Facebook content in two years and an additional 20 million through Instagram. The IRA also purchased ads on Facebook, which were seen by about 11 million people in the U.S., according to Zuckerberg.
These numbers are rather conservative.
He wrote in the testimony that Facebook shut down the IRAâs accounts in August 2017.
âuh-huhâ
pull back it some, please
Iâll go with maybe 175 million (fb), but thatâs depends on who was sharing the IRAâs content.
126 million is some levels of magnitude larger than the intrusion originally identified by FB. With that large of a catchment, itâs spurious to argue the propaganda campaign had a negligible impact on the electorate. That has to change our assessment of the potential impact of the IRA on the election, specifically, and of Russian active measures, generally. The sheer weight of the potential influence would argue against trusting business to regulate itself in this domain. All reasonable so far, but, then, we have a Republican Congress and executive branch which were the most likely beneficiaries of this campaign. Do foxes guard hen houses?
Three weeks ago is was less than 38 million. Then 87 million. Now 126 million.
Letâs cut to the chase and skip a few chapters and just admit all Facebook accounts were affected.
AARR (say it like a pirate) â Authority, Apriority, Repetition, Reason â describes how people normally create truth for themselves (truth not necessarily being the same as fact). Facebook is a machine to identify apriority â what you already believe â and apply repetition to it. Itâs hard to imagine a benign way to use such a machine and this is even before we get to profit motive.
And when it comes to profit, Zuckerberg is noted for saying things like, âwhy wouldnât you want to be in touch with your friends,â with all the lamb-like innocence he can muster while, in corporate leaks, privately referring to users as âdumb f*cksâ and laughing because they had no idea how much information distilled from their truth process could be worth to someone like him.
And of course there is the current revelation: that FB may not be in full control of their machine but will still sell users to anyone for the right price. Patching that up will not repair the gangrenous roots of the business model; the rot is terminal.
Parenthetically, and in ad hominem mode so feel free to skip, my overwhelming personal impression of Zuckerberg is that he is a callow, ruthless little shit that I wouldnât want to have a beer with much less work for.
SNL did a brutal send-up of Zuckerberg Saturday night. It was throwing-acid brutal.
Nowhere in these prepared remarks does Zuckerberg mention Facebook Pixel. Pixel is what enables FB to be profitable, but also happens to have allowed FB to gather more information awareness in recent years than, say, the NSA. People would be troubled if they knew that. So he doesnât mention it.
He also doesnât mention the echo-chamber effect, which multiplies each of these discrete 126 million instances many times over across multiple media platforms.
He also (apparently) doesnât want to talk about how Cambridge used the data they stole. The theft is only the tip of the iceberg. The abuse that followed is utterly missing from this statement. People would be troubled if he talked about that. And he doesnât want his stock valuation to shrink precipitously.
FB has become merely the latest example of what happens when we privatize profit and socialize the resulting costs.
When Zuck goes to congress to testify, I guarantee Republicans line of questioning will be focused on how FB practices trying to crack down on the dissemination of fake news is unfair to or biased against conservative news sites and infringing on their first amendment rights.
No substitute for the real thing . . .
The world needs a subscription âmedia passâ that would give small payments to publishers on a per read basis. Charge on a sliding scale and add an ad-free, no hoovering of data social network, and youâd have a nice business.
He says âthank you for having me here todayâ as if he had a choice. .
They didnât put him in a grey T-shirt, part of his vast wardrobe of grey T-shirts.