Haugen repeated over and over again her testimony today that Facebook is full of smart, thoughtful, kind, well-intentioned people, and that she has great empathy for them, even Mark Zuckerberg. Her point is that they have created a system of incentives that are inexorably leading to harmful outcomes. It is not about good and evil people, it is about the incentives. It's exactly as you are saying.
That's why she is not advocating to punish Facebook for being evil, but rather to force Facebook to reveal and permit research so we can understand the system and fix it, because Facebook is too deeply trapped in its own tangle of incentives to fix itself. In this I think she is absolutely correct.
these days research comes with a set of politically charged assumptions, for example the definitions of "hate speech" and "misinformation" are different based on which political camp you ask
So giving access to Cambridge Analytica is bad but to some other partisan "think tank" is fine? who would make those decisions?
First off there's no way Zuckerberg wrote this. Might've been involved but these are the words of a marketing team working with a legal team.
Secondly why do you see Zuckerberg as a great CEO?
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The pursuit of happiness is not greed. What qualifies as 'happiness' is entirely up to each individual, and for many people that doesn't include being greedy.
Greed and free markets make for a healthy society.
As a counter-example see what happened with the Soviet Union, I can tell you first hand that didn’t work very well. Demonizing "bourjois" values of private property and prosperity, while fetishizing the “common good” and all-controlling government made the entire society very unhappy (except for a few fat bureaucrats) and led to its eventual collapse.
You say this as though there aren't any downsides to greed.
>The current climate is caused by a failure of government to step in and intervene, not by the industry caring about profit above all else.
No, it's both. Full stop.
And btw this forum is hosted by one of the most prominent venture capitalist firms in Silicon Valley which funds thousands of (promising) capitalists.
That's what America is about, greed, the pursuit of happiness, whatever you call it, everything else is noise.
when a company leaves the headlines it's time to sell.
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