The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 26982
Likes: 34245


Agreed. I am not all that sympathetic to Facebook users who are outraged


That Cambridge Analytica re-purposed their survey responses for political purposes. At some point people have to learn that once something is in the ether, it is always there, and might be used in ways you didn't expressly permit.

My intent was never to indict CA, or even Facebook. It was an observation that Facebook's own perception clearly did a sudden about-face. Up until very recently, they were aloof, dismissive, and a bit combative over these kinds of questions. Now, they've been on a media blitz, complete with rather scripted-sounding apologies. Zuckerberg is rushing to speak with Congress.

I think they've had an "aha" moment. One risk is that regulations may be implemented that destroy their biz model. If they can't monetize people's data, they need a new revenue model. And I don't think that's the biggest risk they may see. With all these new revelations about ways people's data can be misused as never anticipated, the marketplace may decide that the cost to individuals of how Facebook monetizes their data is too high.

They seem to me to see these possibilities as an existential threat, and are trying to get out in front of it.
[Post edited by hoolstoptheheels at 04/08/2018 5:54PM]

(In response to this post by CharlestonSC)

Posted: 04/08/2018 at 5:50PM



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Current Thread:
 
  
Is Facebook in an existential crisis? -- hoolstoptheheels 04/07/2018 08:23AM
  I think Facebook is wisely taking nothing for granted. -- hoolstoptheheels 04/08/2018 09:08AM
  Most people do not understand who the user/customer is. -- MassHoleHoo 04/08/2018 06:30AM
  If your HDI is low you are likely to suffer PCD ** -- Tuckahokie 04/08/2018 1:56PM
  Hey... -- HokieDan95 05/08/2018 09:46AM
  Well at least you batted 50% in that post -- 111Balz 04/08/2018 08:46AM
  It is not about FB stealing data, it’s about -- 111Balz 04/08/2018 09:53AM
  May have? -- hoothat 04/08/2018 1:01PM
  Not a troll, just don't always believe -- hoothat 04/09/2018 12:39PM
  This is not an either or. BOTH Cambridge and FB -- 111Balz 04/09/2018 3:23PM
  Why do you think I am defending CA? -- hoothat 04/09/2018 6:00PM
  Post above should be here! ** -- 111Balz 04/09/2018 08:38AM
  Trumpies are in dire need of therapy. ** -- hoolstoptheheels 04/08/2018 08:49AM
  #me too ** -- Shenhoo 04/07/2018 1:23PM
  Wherever you get your news....stop going there ** -- 111Balz 04/07/2018 11:05AM
  Wikileaks -- ConnHoo 04/07/2018 10:01PM
  You keep plunging to new depths of dumb ** -- 111Balz 04/08/2018 09:50AM
  Hillary's own book spells out their tight relationship -- HokieDan95 04/07/2018 10:16PM
  So helping Hillary/Obama campaigns is OK? ** -- ConnHoo 04/08/2018 8:57PM
  Conn and Balz are playing the same game here then -- HokieDan95 04/08/2018 10:24AM
  When someone posts factually wrong stuff here, I'm -- 111Balz 04/08/2018 12:43PM
  Factually wrong about what exactly? ** -- HokieDan95 04/08/2018 12:52PM
  The agenda he, and you, are pushing ** -- 111Balz 04/08/2018 12:53PM
  There you have it -- HokieDan95 04/08/2018 2:20PM
  Con’s problem isnt data usage. -- Guy LeDouche 04/07/2018 3:04PM
  Trolling or being stupid/yourself? ** -- HokieDan95 04/07/2018 1:44PM
  Have a nice day Navin ** -- 111Balz 04/07/2018 3:34PM
  GDPR in the EU, US needs one too. ** -- ConnHoo 04/08/2018 08:23AM
  Individual rights, my data is mine, not yours. -- ConnHoo 04/08/2018 12:58PM
  GDPR as currently constituted is probably unworkable. -- hoolstoptheheels 04/08/2018 1:37PM
  GDPR is a ridiculous, bureaucratic nightmare. ** -- CyberHoo78 04/08/2018 09:59AM
  As much as anything I've ever seen. ** -- hoolstoptheheels 04/08/2018 10:23AM
  Interesting question. -- hoolstoptheheels 04/07/2018 09:37AM
  My guess is no. -- Chuck Taylor 04/07/2018 08:51AM
  Yep. This will blow over in a couple weeks. ** -- CyberHoo78 04/07/2018 11:23PM
  Absolutely ** -- wahoo138 04/07/2018 10:38AM

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