Zuck's Events (Facebook Privacy Hole Demo)
zesty.ca
zesty.ca
Also I'd dispute your statement "It's business model fundamentally relies on invading your privacy".
Without any invasion of privacy, they can probably make a few hundred million a year from random ads. Using your demographics to target ads better at you probably raises that to a few hundred million more.
So IMHO, invading your privacy is in no way necessary for Facebook to operate. It just allows them to optimize a little better.
Targeted advertising is just icing on the cake.
But it won't serve them as well if half their friends aren't there any more. Facebook's biggest strength today is its ubiquity: I am "the awkward one", the odd one out, because I gave up on Facebook a long time ago over privacy concerns.
I have noticed over the past few months that I get an increasing number of e-mails from friends, sent to increasingly large numbers of my other friends as well as me, and mentioning that "X is up on Facebook but for the people who aren't...". At this rates, it's going to go back to being easier to send messages over e-mail and host your photos up on something like Flickr, and if that happens, Facebook is probably toast.
Overall, I think this is a really interesting question that society is confronting and it will be fun to see how it plays out.
Side note: I think a lot of the tech press and blogosphere miss a lot of the subtleties here because, well, people like Arrington, Scoble et al. weren't in school at the time, making the cautious decision to open an account. This has been a revolution led by young people, who are often surprisingly concerned about their privacy and don't depend or plan on Internet celebrity for their livelihoods. It feels a bit like eternal September except in reverse: as the demographic ages, the basic tenents erode.
I don't mean to sound critical. It's not easy to innovate while aso supporting the needs of 400m+ users. Obviously. a team of smart people have put a lot of time and effort into this system, but it won't ever be perfect. Again, it's been an exciting area to watch evolve and I suspect this will continue to be the case for quite some time.
I recently explained to these same non-tech folks that applications they have installed can see and now store all their data. They didn't realise this and I don't think they really believed me - perceptions, once formed, take a lot to change! And when only the tech media really discusses API access etc. it's not surprising that most people have not registered the change in how Facebook treats their data.
I quote a non-tech business major friend who was in the above conversation: "It's unintentional bait and switch man - he got everyone signed up by making things better than the other sites and then his investors realised how much money they could make, changed the way data is handled and all the clueless users won't realise it until its too late and Facebook runs the internet!"
Unlike Facebook, Myspace offered no illusion of privacy.
Thanks to Facebook, it can be in a thousand people's news feeds in a minute, and with the permanence of computers and the internet, saved forever on a hundred hard drives, some of which belong to people who are definitely not among your friends (that includes Facebook the company itself).
Facebook, on the other hand, by either incompetence or some skewed sense of openness, at some point has made a choice that it wants to put all your information out there while giving you the illusion that you have some control over it.
The point is that privacy isn't impossible. It's simple. You have an element in a database that is flagged as important to someone, so you make sure that before you ever pull that element out and put it on the web, the proper controls are in place. It is just a choice a company makes of how high of a priority to make something, and Facebook has demonstrated that privacy means more to them as a PR issue than a real concern about user data.
Take me for instance. I value privacy quite a lot, I don't even read my gmail over http, I'm always on the https site. :-)
However, given that the internet is populated with Ads, I'm more than happy to give the entire world a list of movies, music, bands, clothing brands, hobbies, etc. that I have so I don't keep seeing irrelevant, annoying ads.
I'd be happy if amazon obnoxiously let me know when a new CD from one of the bands I enjoyed came out, or that new movie by my favorite director was released on Blue Ray.
What I don't want, is the web knowing that I commented on such and such's wall, or that I'm attending my sister's surprise birthday party.
I think a internet with ads that doesn't infringe on privacy is possible.
Google: "Organize the worlds information" Facebook: "Change societies views on what is private"
/[my id]/events
data (empty)
Maybe his privacy settings aren't as stringent as mine?
Sure, it still sucks. But it's not a major new security breach. All that it exposes is already there.
It is ultimate dogfooding; equivalent to being able to see Eric's and Larry's and Sergey's searches.
EDIT: blackswan is right; tamed down the comparison to Google in the last phrase
My friends invite me to a lot of events that I _never_ want to publicly be associated with, but unless I specifically remove this event, the whole world can see it.