So should they still comply with the order? Why or why not?
Why not issue an injunction to US-based ISP's or even IXP's to filter the IP addresses these domains point to, or even whole address blocks? Do you think they would comply?
75 karma · joined November 29, 2011
Why not issue an injunction to US-based ISP's or even IXP's to filter the IP addresses these domains point to, or even whole address blocks? Do you think they would comply?
As far as I can tell, most people using FB are trying to communicate with their friends (as they previously did via letter, telephone and email), not broadcast every personal detail and thought to potentially any person or organization connected to the web.
Alas they are not well informed that by sending all their communications through Zuckerberg's website, this is in effect what they are doing.
That lack of understanding is something the FTC can address.
So to comply with the FTC's requests, FB will make more disclosures.
But the problem remains. FB, whether intentionally or not, is receiving far too much private information and private conversation, and it's all being channeled over the web.
Imagine search engine results that consisted only of URL's.
He publishes a blog to attempt to persuade an audience of those who can.
Before the blog, he worked with a company selling dropping domain names.
Again, he wrote no code.
I can remember the issue of the EC's database directive from as far back as the early 1990's. It was one of the issues we studied.
At that time it seemed somewhat tenuous to apply it to what was happening on the nascent www.
For the most part it seemed no one was ostensibly collecting personal data and building sensitive databases of personal info. It was just a possibility we discussed.
Needless to say things have changed.
There's more value to create for whoever manages to monetise the data. But will it be Facebook? Or will it be someone else? Doesn't seem like that will matter for an IPO. An IPO will benefit certain large investors regardless of what happens to the company long term. And they will cash out quick.
There is a better way to do social networks, I believe. But at present I can only demonstrate it with the command line. The user interface is just not there.
We all know Zuckerberg put a lot of effort into user interface. And he did a very good job with that. That is no coincidence.
The biggest winners will be those who can cash out quickly. Goldman and some overseas investors.
Long term I think the Facebook _data_ will be sold and resold (licensed) many, many times. It may end up with a company (or companies) that today does not exist. The legacy of Facebook will be the data. We told some antisocial nerd who our friends are. And he sold us out.
Facebook the entity will probably fade away, probably by being acquired. The value is the data. They just managed to get an enormous amount of personal private information for free.
It's an amazing thing to have 800 million people give you their email address, a list of their friends and possibly additional personal info. Certainly there is potential value there. But that itself does not a business make. In my opinion. We'll see what happens.
Another one who should get some flack is Thiel.
He may just be the worst, suggesting kids should forgo a university education and going so far as to actually debate the "issue" whether an education is "worth it".
For some of these VC to make money, they have no need to see university degrees.
But they have their own interests in mind. And, lo and behold, most of them have university degrees.