□Īnd with Oculus Gamers will get a whole new level of immersive instant gratification! Your FB stock will continue to appreciate because " average non-technical" or privacy-naive people will continue to use FB and "Gen-Y" will keep using Instagram for the foreseeable future. Owning FB stock creates an unavoidable cognitive bias which is not your " fault". To be clear, it's pretty obvious to anyone who stops to think about this that Google has considerably more data on it's users given the fact that they have access to all Search history, Location Data via Google Maps and Biometrics via Android, etc.īut while Google let's Advertisers target people based on interests ( what they search for) Facebook let's advertisers target people based on their personal data: “ The technical capabilities to do so are certainly there.” Security researcher Jonathan Zdziarski summarised it best: “ Ultimately it comes down to whether or not you trust Facebook not to take advantage of their position on your device to snoop on you.”. Then they source "offline" data on their users in order to build a more " complete" profile of their users in order to package it up and sell it on. They mine all "private" conversations across FB Messenger and WhatsApp even though they claim it's " encrypted" or " private" and the data they are collecting is not limited to your messages: What people think is reasonably " private" ( visible by friends-friends) is used to sell them stuff like sugary drinks, and get-rich-quick-schemes: Īlso, what people explicitly share is not the only data FB is harvesting.įB collects data on all your "sentiments" on all the other websites you visit which use the "FB" API or "Social Plugins": Obviously, all of this is my own opinion but there are way scarier privacy issues out there (Uber, I am looking at you!)ĭisclaimer: I own FB while I agree in principal that what most people share on FB is " meant to be public" to their friends/family, however I'm fairly certain most people don't realise that what they are sharing with their friends is actually being " mined" to create a profile that is sold to advertisers. Basically, my perception is that if you are using FB in a way that should not be made public, maybe FB is not a the platform that you should use.Ĭoncerns regarding tracking pixels is totally justified, but I think it should be moved outside of the FB debate because this is done by pretty much everyone in the web space and should thus be discussed on a broader scale. So I know a lot about the importance of privacy.īut Facebook? Technically, everything you create on FB is ment to be seen by someone else you know, so nothing is really private. There privacy was critical since for some people, a coming out could mean losing their job or even getting killed. I am way more concerned about fake news than editorial filtering.įor some context, I worked at Fetlife, a social network where people talked and consumed "deviant" sexual content and topics. While I agree with the impact FB and other social media can have on crowd opinions, I hardly see why people are so concerned about privacy. Refusing to use FB would be like staying home because you are too scared to be filmed by traffic cameras. I personally think that people (including a few of people on this thread) are overreacting to the privacy thing. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them."ĭoes it frustrate anyone else to see their friends/family pouring their time into Facebook knowing that Facebook's actual " mission" is to: " amass everyone's personal data & sell it to the highest bidder" " give people the power to share and make the world more open and connected.
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