How users pay to use Facebook
Co-founder of Facebook, Chris Hughes has said users of the world largest social media platform do pay to have access to it.
TheNewsGuru (TNG) reports Hughes, who stated this in vehemently pushing for breakup of the social media company in three, said the payment is not in dollars.
“Users do pay quite a bit to use Facebook. They don’t pay with dollars but they pay with their data and with their attention,” he said.
Data Hughes means is not data subscription of bandwidth from telecoms service providers per se but users bio data.
In the wake of the Cambridge Analytica data scandal, up to 87 million users personal data were compromised.
The Facebook–Cambridge Analytica data scandal has been described as a watershed moment in the public understanding of personal data.
It was a major political scandal in early 2018 when it was revealed that data analytics firm had harvested the personal data of millions of people’s Facebook profiles without their consent.
The firm used the personal information for political advertising purposes, raking in millions of dollars.
The scandal was significant for inciting public discussion on ethical standards for social media companies.
While Hughes left Facebook in 2007, making half a billion dollars for his three years of work, he co-founded the social media platform in 2004 at Harvard with Zuckerberg and Dustin Moskovitz.
Since then Facebook has grown to become the world’s largest social media platform with more than 2 billion users.
Facebook bought Instagram in 2012 and WhatsApp in 2014, adding to its portfolio that already included Facebook Messenger; each used by more than 1 billion people.
In a lengthy New York Times opinion piece, citing a sense of responsibility, he called for WhatsApp and Instagram to be made into separate companies.
“We are a nation with a tradition of reining in monopolies, no matter how well intentioned the leaders of these companies may be. Mark’s power is unprecedented and un-American.
“It’s been 15 years since I co-founded Facebook at Harvard, and I haven’t worked at the company in a decade. But I feel a sense of anger and responsibility.
“Mark is a good, kind person. But I’m angry that his focus on growth led him to sacrifice security and civility for clicks.
“And I’m worried that Mark has surrounded himself with a team that reinforces his beliefs instead of challenging them.
“The government must hold Mark accountable. For too long, lawmakers have marveled at Facebook’s explosive growth and overlooked their responsibility to ensure that Americans are protected and markets are competitive,” Hughes wrote.
Meanwhile, Facebook had rejected the call to split the firm.
Reacting, Facebook spokesman, Nick Clegg, in a statement said “Facebook accepts that with success comes accountability. But you don’t enforce accountability by calling for the break up of a successful American company”.
He added: “Accountability of tech companies can only be achieved through the painstaking introduction of new rules for the internet. That is exactly what Mark Zuckerberg has called for”.
Also reacting, was Facebook’s previous head of news feed, Adam Mosseri, who recently took over Instagram.
Regulation is important and necessary, but I'm not convinced breaking us up is the right path. Would love to chat about it if you're open.
— Adam Mosseri (@mosseri) May 9, 2019
“Regulation is important and necessary, but I’m not convinced breaking us up is the right path. Would love to chat about it if you’re open,” Mosseri responded to Hughes on Twitter.