Facebook: What happened two days ago and what's going to happen

I've spent the last two days attending Facebook CEO Mark Zuckerberg's hearings. Craze; Can anyone know? The news of Greece is just old and there is no horizon for dramatic changes.

Mark Zuckerberg's videos now: It made an impression that although he was accompanied by a small group, no one else spoke…

There was no apparent legal advice at least and he answered every question promptly and himself. I don't know if anyone other than the would do the same. Facebook

Zuckerberg, though many times harder, was alone in Congress because he has one of the biggest revenue generating machines below.

At one point the question from a senator was extremely crucial, but the time was up: "That was very good!" he was heard to say, and rather from within he completed "bring the next one."

Facebook: Where was Sheryl Sandberg?

Zuckerberg could hide behind Sheryl Sandberg's personality. It could announce it as responsible for any future data security and ethics incidents on Facebook. She and her partners.

The Senate would have seen that there was "supervision" in the company and would have been more satisfied.

But there was no Sheryl in the hearings to apologize. In fact, none of Facebook has apologized except for Zuckerberg and has not apologized for the company but for himself.

"It was my fault, and I'm sorry, I started Facebook, I run it and I'm responsible for what 's happening here."

Sheryl Sandberg, is the architect of the social network advertising companies and deals with Facebook data. It has a team of highly specialized communication staff.

"It is really remarkable that Sandberg was not subject to any public scrutiny for this crisis, as it is widely believed that it was hired to handle such political situations. said Kara Alaimo, Assistant Professor of Public Relations at Hofstra University.

Facebook: Zuckerberg is playing alone

When Facebook submitted an application for financial entry, Mark Zuckerberg managed to get the company as general manager, despite his young age.

Google founders Larry Page and Sergey Brin had to accept some "adult supervision" from Eric Schmidt, who took over as CEO several years before the IPO, because of the of e-business funds.

The founders of Google were in sight for ten years, when they both stopped 40!
Zuckerberg has shown on the world stage very clearly that Facebook is Zuckerberg and Facebook Zuckerberg (at least at present).

Who will talk about Google?

One of the senators said it would be good to hear him Larry Page, its managing director , Google's parent company. This of course is not going to happen because the company suffers from a worsening speech impediment.
Ο Sergey Brin is co-founder and president of the company, but is more interested in stratospheric activities. At present, he is manufacturing a $ 100 million-dollar aircraft.
Ο Eric Schmidt, the former CEO and president of Google, is known in Washington but unfortunately left the company earlier in 2018.
That leaves him Pichai - the current CEO of Google that no one really knows.

Facebook and Google have a very special relationship and they are definitely trying not to be in the other's way. Both companies hold more than 85% of online advertising.

Both companies project news from too many mass media, but they have the responsibility of not being able to keep the society and the safe from all toxic content and fake news. Preparing a trusted AI could take up to five years to be able to identify Facebook and separate the sources of fake news and hate speech.

Facebook: What's Next?

State regulations are inevitable. It was quite clear from the questions made by the Senators at Zuckerberg.

"Let me first state that my position is not that there should be no regulation"

Silicon Valley's elite classes have been hit hard because none of them wants any kind of government oversight.

Why

If the state decides that Facebook will have to make thousands of new recruits to get people to immediately delete the inappropriate content, no technology company will be left unaffected.
Zuckerberg is about to announce a new initiative on advertising data soon, along with support for some new legislation that will look at how businesses collect and use consumer data to ensure that each competitor has the same equivalence conditions in the market.

It is obvious that the new regulations will bring a lot of increased business costs.

They will gather even more advertising power for Facebook, because it will be legal. It is well known that the regulations are excellent because the government is at the side of the company that respects them.

Zuckerberg will of course have the opportunity to use his personal view (and his personal property on Facebook) to possibly review the whole of the online advertising industry. Facebook may be getting better, but the advertising industry will get shocks.

We see….

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Written by giorgos

George still wonders what he's doing here ...

3 Comments

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  1. I do not think that there has been a great swindler in the world or a great criminal who did not have too much audacity. Audacity in setting up dishonors, audacity in applauding them, but also audacity in defending them.

    Note If anyone wants my information because it will be offended by my comment, feel free to give it. I do not care since I have always considered that the free expression of opinion is sovereign of all. Especially when it has to do with the common good.

    • George, I do not know if you have heard or read what Mark Zutetios said, but he did not say anything, except that he is responsible. According to Mark, everything will be done by AI when it is ready by 2040…

      I do not agree that there is no other, there are many, do not go far and look for the world, here locally look

      • I totally agree with you. Besides, I see some "such others" every time I look at the "traffic sources" on my blogger…
        Good luck and thank you for what you offer us.

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