Former Facebook exec feels 'tremendous guilt' for what he helped make

12 December, 2017, 09:40 | Author: Darnell Taylor
  • Former Facebook exec feels 'tremendous guilt' for what he helped make

One of Facebook's earliest executives has said the social network is "destroying how society works" and that he feels "tremendous guilt" about his work.

"I feel tremendous guilt", Palihapitiya told a crowd gathered at Standford Business School, CNBC reported Monday.

He said that investors pump money into "sh***y, useless, idiotic companies", rather than addressing real problems like climate change and disease.

Palihapitiya is the latest Facebook alum to admit regrets about their role building the company.

Sean Parker isn't the only former Facebook executive to have second thoughts about products they've built and the influence they've had on society as a whole.

"I don't know if I really understood the consequences of what I was saying, because [of] the unintended consequences of a network when it grows to a billion or 2 billion people and... it literally changes your relationship with society, with each other... God only knows what it's doing to our children's brains", Parker told the news site Axios.

Ball bros. in talks with Lithuanian club
LaVar said he would have both LiAngelo and LaMelo bypass college basketball and planned to search out pro jobs overseas. LaMelo's erratic style of play could well shock both coaches and players alike in the Baltic League.


Savanna Greywind Murder Suspect Pleads Guilty To Charges
However, Crews reportedly claimed that she helped LaFontaine-Greywind self-induce her birth at Crews' apartment on August 19. Police Chief Dave Todd called Greywind's death a "cruel and vicious act of depravity", reports said.


The 'Venom' Movie Will Be Primarily Based on These Two Comic Runs
It's already clear where these comic books storylines inspire Venom based on the vague details that we've learned about the movie. However, Screen Rant says the film is expected to feature Riz Ahmed as the primary antagonist Carnage.


Chamath Palihapitiya, who was vice-president for user growth at Facebook before he left the company in 2011, said: "The short-term, dopamine-driven feedback loops that we have created are destroying how society works". This creates a kind of feeding frenzy for social media reactions, that drive people to indulge in a series of tasks in the pursuit of Likes on Facebook, and having only short term, empty achievements to show at the end of it.

According to Palihapitiya, "That's what we're dealing with, and imagine taking that to the extreme, where bad actors can now manipulate large swathes of people to do anything you want. So we are in a really bad state of affairs right now, in my opinion". It is eroding the core foundation of how people behave by and between each other. And I don't have a good solution.

"I just don't use these tools anymore, I haven't for years".

Palihaitiya said that when Facebook was still in its early stages, there were discussions about the sort of impact the platform could have. But I think the way we defined it was not like this. No civil discourse. No cooperation.

Palihapitiya said the problem is not just isolated to Russia-backed ads and the 2016 presidential election, which has prompted officials from Facebook, Twitter and Google to answer questions in Congress.

Recommended:

  • Malaysian PM to attend OIC meeting on Jerusalem

    Malaysian PM to attend OIC meeting on Jerusalem

    Prime Minister Abbasi will convey the sentiments of the people and government of Pakistan of the unequivocal support to the people of Palestine .
    The ongoing fight for net neutrality

    The ongoing fight for net neutrality

    I.S.P.s can't change data speeds to favor some Web sites, or charge different rates for different content. On Dec. 14 this year, the vote to end net neutrality is scheduled to take place.
    Marcus Peters suspension was also due to spat with coach

    Marcus Peters suspension was also due to spat with coach

    He ran back onto the Chiefs' sideline to watch as Kansas City's last-ditch comeback attempt fall short. Peters' behavior has been discussed all week by Chiefs Kingdom.
  • Hospital operators in merger talks to create USA  industry leader

    Hospital operators in merger talks to create USA industry leader

    Their combined size would be almost $25 billion and place it as the third largest hospital system in the country. Joseph is in talks to merge with Ascension in a deal of two hospital giants that would total $44.8 billion.
    Fukrey Returns box office crosses 32.2 crores mark

    Fukrey Returns box office crosses 32.2 crores mark

    The success of Fukrey Returns confirms that movie-goers in India are showing a lot of interest in light-hearted films. Ali Faizal, Manjot Singh, Richa Chadhha and Varun Sharma are the highlight of the cast and give mature performances.
    Titan V benchmarks revealed

    Titan V benchmarks revealed

    Furthermore, these results may give us a small idea of what we can expect from the next NVIDIA high-end graphics card for consumers/gamers.
  • Gigi Hadid rocks armpit hair for LOVE Advent Day 11

    Gigi Hadid rocks armpit hair for LOVE Advent Day 11

    So far, Kendall Jenner's spot , depicting her as Rocky Balboa and his girlfriend Adrian, is one of my faves. It's brilliant to see someone with Gigi's profile challenging stigmas about female body hair.

    Cohen & Steers Inc. Sells 69752 Shares of Huntington Bancshares Incorporated (HBAN)

    The firm operates through four divisions: Industrial Packaging, Global Cellulose Fibers, Printing Papers, and Consumer Packaging. Elizabeth Park Capital Advisors Ltd increased Huntington Bancshares Inc ( HBAN ) stake by 135.43% reported in 2017Q2 SEC filing.

    Analyst Research and Recommendations: Microsoft Corporation (MSFT), Otonomy, Inc. (OTIC)

    It dived, as 28 investors sold SpartanNash Company shares while 48 reduced holdings. "Stock Popped Today" on November 22, 2017. The Florida-based Deprince Race & Zollo Inc has invested 0.69% in the stock. (NASDAQ:JCOM) rating on Wednesday, August 31.
  • Ineos North Sea oil and gas pipeline to be shut for repairs

    Ineos North Sea oil and gas pipeline to be shut for repairs

    Brent crude rose $1.29, or 2.03%, to $64.69 a barrel on ICE Futures Europe - its highest level since June 2015. United States production is now also not far off that of top producers Russian Federation and Saudi Arabia.
    Apple gives rare private demo of driverless auto  system

    Apple gives rare private demo of driverless auto system

    However, a recent leak implies that the company has applied for a permit to test automated vehicles in California. While the company hasn't publicly acknowledged such a project, some details have leaked out.
    Golden Globes: Kevin Spacey replacement Christopher Plummer nominated

    Golden Globes: Kevin Spacey replacement Christopher Plummer nominated

    Toronto-born McCormack is nominated for best actor in a musical or comedy series for "Will and Grace". Adlon also appeared in his FX comedy Louie , where she served as a writer and producer.


Popular

MoneyTaker - download research by Group-IB
Some 16 of the attacks targeted U.S organizations, three attacks were on Russian banks and one bank in the United Kingdom was hit. Group-IB said it is investigating a number of incidents with copied documents that describe how to make transfers through Swift.

USA woman charged for stealing 'OK to be white' speech
The woman, Catherine Gregory , 33, was charged with disorderly conduct and criminal attempt to commit sixth-degree larceny. Wintrich is the White House correspondent for alt-right, conspiracy-fueled, pro-Trump media outlet The Gateway Pundit .

Amazon Echo speakers now let you wake up to your favorite song
It has begun with the market-leading Amazon Alexa and has plans to introduce services for other smart speakers in the future. The BBC will also launch brand new voice experiences exclusively for smart speakers through the service.

PlayerUnknown's Battlegrounds Has an Interesting Xbox One Control Layout
Well, Xbox has shared information on that, too! Note that numerous buttons have a dual-purpose by either quickly pressing or holding down.

Trump tells NASA to send Americans to Moon
Returning to the moon could help researchers understanding the health challenges faced by people who spend a long time in space. And at the behest of Congress, the space agency has been building a giant new rocket and a deep space capsule.

MLS Cup 2017 Prediction: Why Toronto FC Will Win Vs. Seattle Sounders
Q13 will have pre-match news on the Sounders and live reports from Toronto from 7 a.m. until noon on JOEtv (Channel 10/Cable 22). Photo Seattle goalkeeper Stefan Frei kept the Sounders out of trouble in a first half in which they were outplayed by Toronto.

Slovenian magazine apologizes to Melania Trump
However, unlike many people who love to indulge over the holidays, Melania said her favourite food was the healthy delicacies. The magazine issued an apology, saying the article "was understood as if Melania Trump conducted the escort job".

USA pursuing 'economic and military' options after Russian Federation arms treaty dispute
The United States will stop its research, she added, if Russian Federation goes back into compliance with the treaty. In 2014, the United States declared the Russian Federation in violation of its obligations under the INF Treaty.

The Exxon Mobil Corporation (XOM) Stake Held by Contravisory Investment Management Inc
Royal Bank Of Canada reissued a "sector perform" rating on shares of Exxon Mobil in a research report on Friday, November 24th. Moreover, Truepoint has 0.06% invested in The Kroger Co. $90,843 worth of stock was sold by GRIECO WILLIAM on Friday, June 16.

Barrick Gold Corp (ABX) Holdings Raised by Private Advisor Group LLC
The General American Investors Company Inc holds 260,000 shares with $10.74 million value, up from 250,000 last quarter. Eight Capital reaffirmed a "neutral" rating on shares of Barrick Gold in a research note on Thursday, November 16th.