Browsed by
Tag: #MarkZuckerberg

Social versus Real Life: Where’s the Balance?

Social versus Real Life: Where’s the Balance?

The reports are in. People are leaving Facebook, and/or spending less time on the platform. It seems that for all of Mark Zuckerberg’s claims that Facebook’s intention is to bring the world closer together, people may well be finding each other online, but it seems that they aren’t necessarily liking what they find.

Or that the online experience simply isn’t enough. Read More...

Watch Where the Puck Is Going, Not Where It Has Been

Watch Where the Puck Is Going, Not Where It Has Been

The World Wide Web turned 30 this past week. Web creator Tim Berners-Lee marked the occasion by noting that the web is now dysfunctional with ‘perverse’ incentives, while Facebook founder and CEO Mark Zuckerberg seems to have marked it by announcing Facebook’s new pivot to privacy. Trust us, he did not suddenly have a come to Jesus moment. The only pivot here in his manifesto is away from Facebook’s current town square format into one focused more on the ability to have private messages among people and groups, which is the way that Facebook users had been going anyway.

“I believe the future of communication will increasingly shift to private, encrypted services where people can be confident what they say to each other stays secure and their messages and content won’t stick around forever. This is the future I hope we will help bring about,” said Zuckerberg in his manifesto. Read More...

The Fine Line Between Culture and Cult

The Fine Line Between Culture and Cult

Erin Griffin recently wrote an excellent piece in The New York Times entitled Why Are Young People Pretending to Love Work? “Never once at the start of my workweek…have I paused, looked to the heavens and whispered: #ThankGodIt’sMonday,” writes Griffin. Yet that is the culture that’s being bred, most explicitly at WeWork (now the We Company), where “Neon signs demand they “Hustle harder,” and murals spread the gospel of T.G.I.M. Even the cucumbers in WeWork’s water coolers have an agenda. “Don’t stop when you’re tired…

“It’s not difficult to view hustle culture as a swindle. After all, convincing a generation of workers to beaver away is convenient for those at the top.” Read More...

Surveillance Capitalism: We Are Definitely the Product

Surveillance Capitalism: We Are Definitely the Product

The tech cartel has been labeled many things. “Attention Merchants” being one of them. In her new book, The Age of Surveillance Capitalism: The Fight for a Human Future at the New Frontier of Power, Shoshana Zuboff has designated a new category for them: Surveillance Capitalists. “Surveillance capitalism,” she writes, “unilaterally claims human experience as free raw material for translation into behavioural data.

The Business of the Internet

“When the security expert Bruce Schneier wrote that “surveillance is the business model of the internet,” The Guardian reports, “he was really only hinting at the reality that Zuboff has now illuminated. The combination of state surveillance and its capitalist counterpart means that digital technology is separating the citizens in all societies into two groups: the watchers (invisible, unknown and unaccountable) and the watched. This has profound consequences for democracy because asymmetry of knowledge translates into asymmetries of power. But whereas most democratic societies have at least some degree of oversight of state surveillance, we currently have almost no regulatory oversight of its privatised counterpart. This is intolerable.” Read More...

140 Characters Who Helped Shape the Tech World

140 Characters Who Helped Shape the Tech World

It was Peter Thiel who said, “We were promised flying cars. Instead we got 140 characters.” It looks like flying cars may be slowly rolling out, with Singapore’s flying taxi trial set to begin in the second half of 2019, but who the hell are those 140 characters to whom Theil might have been referring? As a co-founder of PayPal and an early investor in Facebook, LinkedIn, Yelp and Quora, he certainly knows what sorts of characters tech can breed.

We’ve been involved in the tech world since the nascent days of Web 1.0 in New York City – with monthly trips to Silicon Valley at the time, as well – and over the years, have encountered many of those characters, upfront and personal, for better or for worse. Of course we have stories to tell, but that’s for a later date and a much longer opus.

Some were true innovators who created platforms and software and devices that forged an entirely new industry. You may not be familiar with their names, but their contributions should never be forgotten. Some forgot their original drivers, whether it was to not be evil or to connect the world, tracked the world’s population in ways and to an extent to which it had never been tracked before, storing it and parsing out that information to the highest and/or any and all bidders, and paying no heed to the concept that we might have the right to be forgotten. Read More...

Big Tech is riding the same rails as robber barons of the past

Big Tech is riding the same rails as robber barons of the past

The Last Spike, 1869.

The tech industry – in particular, the FAANG stocks – have hit a strange inflection point. They’re taking a beating on Wall Street. And Facebook is under attack from all sides.

There was The New York Times piece (Delay, Deny and Deflect: How Facebook’s Leaders Fought Through Crisis), which was written with the assistance of no less than 50 sources.

An international committee of foreign governments has requested that Zuckerberg appear before lawmakers to face inquiries, particularly into disinformation, election meddling and privacy issues. Zuckerberg refused. Read More...

Is This the Social Media Tipping Point?

Is This the Social Media Tipping Point?

Mark Zuckerberg Quietly (Sold) His Facebook Stock back in March and as Recode reported in February, Mark Zuckerberg will likely sell billions of dollars of Facebook stock this year. He’s not alone. On Friday, Satya Nadella unload(ed) 30% of his Microsoft common stock in his biggest sale as CEO.

The Age of Social has reached a tipping point, and it’s taking all of tech with it.

Some can see the writing on the wall and are cutting their losses. Read More...

Is Facebook a publisher? In public it says no, but in court it says yes. Who’s to say?

Is Facebook a publisher? In public it says no, but in court it says yes. Who’s to say?

Facebook raised ire last week when, in an interview with Recode’s Kara Swisher, Mark Zuckerberg volunteered, unsolicited, that the platform would not be banning holocaust deniers – an editorial decision, which would make Facebook a publisher. In fact, The Guardian recently asked, Is Facebook a publisher? In public it says no, but in court it says yes In its defense against a former app startup, Facebook is contradicting its long-held claim to be simply a neutral platform. Strengthening the argument – its business model: Facebook makes its money off advertising.

Zuckerberg did note that the company plans on adding 20,000 people to help police the platform and to watch Facebook Live videos and alert authorities when certain people may be about to harm themselves. The number hardly dents Facebook’s bottom line. As Techonomy notes, “(Facebook) is the most profitable large company that ever existed… Its 43% net margins, on revenues that this year will exceed $55 billion, are unprecedented for a company this size. That means it will have profits this year, after taxes, of roughly $23 billion.” Read More...

The Time’s Up Edition (Because ‘Heads Up’ Is No Longer Cutting It)

The Time’s Up Edition (Because ‘Heads Up’ Is No Longer Cutting It)

Mark Zuckerberg testified before Congress last month, and there were a few points he needed to clarify. He promised to get back to the legislators, and so he did.

Notes Buzzfeed (“Here Are 18 Things You Might Not Have Realized Facebook Tracks About You Including: information about your online and offline actions and other devices on your Wi-Fi network), “Last week, Congress released a massive document with written answers to those questions. These responses were a good reminder that Facebook records a ton of information about you.” Read More...

The Birth of the User-Owned Economy

The Birth of the User-Owned Economy

This past week was Blockchain Week in New York, in tandem with back peddling on the part of the tech cartel. As Quartz noted, “Facebook CEO Mark Zuckerberg, long under fire for “programming people’s brains,” will testify before the European parliament about his company’s use of data. Not long after, transformative new European privacy rules go into effect that will give EU consumers far more visibility into what companies know about them.

“Now, tech CEOs insist they want to be part of the solution. On Tuesday, Facebook-owned Instagram confirmed a feature that will let users track their time spent on the platform. A week earlier, Google CEO Sundar Pichai announced a Digital Wellbeing initiative geared at helping people moderate their use of Google’s products and services by suggesting breaks from YouTube or batching notifications.” Read More...

Social media & sharing icons powered by UltimatelySocial
%d bloggers like this: