And as if that isn’t enough, tech companies are only loyal to their boards of directors, who are only loyal to quarter-over-quarter growth, and nothing else.
And as if that isn’t enough, tech companies are only loyal to their boards of directors, who are only loyal to quarter-over-quarter growth, and nothing else.
A hypothetical back and forward might be something like:
“How does Facebook make money?”
“By selling ads.”
“Does Facebook ever target those ads to kids?”
“Yes”
“So is it in facebook’s financial interest for kids to spend as much time as possible on the platform?”
Clearly the senator was trying to highlight the fact that Facebook can't have its users' best interests at heart, because its very existence depends on pillaging their data and whoring out their eyeballs to the highest bidder. But by playing the fool he made himself actually look like a fool, because he left himself wide open to Zuck's "Senator... we run ads" zinger.
For one such example, the question "how Facebook makes money" provides context so that other people would better understand what follows.
For one immediate example, I do not know what or who Finsta is. The answer to that question, as well as preceding dialogue, would help me to navigate through Facebook's business, and my path would be skewed to favor viewpoint of the interrogator.
This is not discussion of peers, but discussion before a jury.
No one learns anything new at these hearings. And everyone is posturing.