It took Cambridge Analytica for people to realize that they did not want this.
I have been paranoid about Facebook since day one, but there is something I won't do: blame them for coming up with a business model that is legal and did not seem to concern users ethically either.
The hearings of Zuckberg have been shameful. As much as I love seeing him on the grill, I have more contempt for the lawmakers in front of him, who actually enabled Facebook to become such a monster by either facilitating or simply not understanding what it was doing.
Facebook is a problem, but the ones responsible for this situation are not to be found within the company.
Does your contempt extend to the billions of non-technical minded users who also did not understand what FB was doing?
On thousands of issues that can put several things I hold dear at risk, I just trust elected officials to do the right call. It is THEIR job to understand these issues and take the correct stance. I mean, this is literally what they are paid for.
I still wish that privacy had been a bigger concern to the population at large, but thanks to recent scandals, and to EU laws, this starts being the case.
Perhaps they are paid more by their donors to pass laws written by corporate lawyers
So not to interrupt the outrage mob here ... but facebook did not sell data to these companies. And actually I'm not aware of any case where people are outraged where facebook sold peoples data, including the Kogan case.
Didn't Obama's campaign obtain users' consent before reading data?
I bet on a quick shutdown, possibly with extradition shenanigans, offshore funds and other drama, after a criminal investigation or a whistleblower shines a light on potential liabilities.
China hasn't produced a Trump yet. Meanwhile the US has laid the foundation with the attention economy (that props up people with the largest view/retweet/like count) to produce an entire crop of Trump type "leaders" in every sphere of life from the corporate world, to the army, to academia, to the media etc etc. The ground has been prepared and the seeds have been planted.
Look around. What is going to prevent their rise? Regulators? Zuckerberg?