Bono's Investment Guy (And Early On Fb Investor): “I Intend You Lot Tin Brand A Legitimate Instance That Facebook Has Buy The Farm Parasitic”

From the University of Chicago's Promarket, a major interview:

Roger McNamee: “I Think You Can Make a Legitimate Case that Facebook Has Become Parasitic”

In an interview amongst ProMarket, Facebook early on investor Roger McNamee talks virtually his efforts to larn Facebook to cook its occupation organisation model together with the 2nd he realized the social media giant is unwilling to change.

With Facebook increasingly mired inward argument next the Cambridge Analytica information harvesting scandal, an apologetic Mark Zuckerberg broke 5 days of intensifying calls to regret together with fifty-fifty some openness to authorities regulation, then long every bit it’s the “right” regulation. Echoing these sentiments, Facebook’s COO Sheryl Sandberg also said that Facebook is “open to regulation.”

Belated populace statements aside, many are skeptical of Facebook’s willingness to address its privacy issues, non to the lowest degree because the companionship reportedly knew for 2 years that Cambridge Analytica had harvested the personal information of millions of users without their consent. The FTC is currently Zeynep Tufekci wrote inward the New York Times , relies on massive surveillance of users “to fuel a sophisticated together with opaque organisation for narrowly targeting advertisements together with other wares to Facebook’s users.” Former Early Facebook investor compares the social network to Nazi propaganda, likens its workers to Goebbels together with claims it is creating a climate of 'fear together with anger' 
Nov. 12, 2017
"Climateer Line of the Day: Bono's Guy Talks Regulating Facebook together with Google"
January 8, 2018 
"Facebook Can’t Be Fixed" (FB)

May 2012
Bono's Elevation Partners Runs $90 Mil to $1.5 Bil inward Facebook, Making Him the World's Most Insufferable Musician (FB)

Also from May 2012:
"How Mark Zuckerberg Hacked the Valley" (FB)

Related:
Nov. 2017 
Climateer Line of the Day: Neurotransmitters together with Facebook Edition
Via The Verge:

 "The short-term, dopamine-driven feedback loops we've created are destroying how gild works.  No civil discourse, no cooperation; misinformation, mistruth. And it's non an American occupation — this is non virtually Russians ads. This is a global problem."

—Former Facebook Vice President for Addicting Users, Chamath Palihapitiya

And the remainder of the story:

Former Facebook exec says social media is ripping apart society
‘No civil discourse, no cooperation; misinformation, mistruth.’

Another quondam Facebook executive has spoken out virtually the terms the social network is doing to civil gild merely about the world. Chamath Palihapitiya, who joined Facebook inward 2007 together with became its vice president for user growth, said he feels “tremendous guilt” virtually the companionship he helped make. “I intend nosotros own got created tools that are ripping apart the social cloth of how gild works,” he told an audience at Stanford Graduate School of Business, earlier recommending people own got a “hard break” from social media. 

Palihapitiya’s criticisms were aimed non entirely at Facebook, but the wider online ecosystem. “The short-term, dopamine-driven feedback loops we’ve created are destroying how gild works,” he said, referring to online interactions driven past times “hearts, likes, thumbs-up.” “No civil discourse, no cooperation; misinformation, mistruth. And it’s non an American occupation — this is non virtually Russians ads. This is a global problem.”...Founding Facebook President: ‘God entirely knows what it’s doing to our children’s brains’ (FB)

Want to Make Big Money? Engineer H5N1 Little Addiction Into Your Product

"'We're designing minds': Industry insider reveals secrets of addictive app trade"

"Google, Twitter together with Facebook workers who helped brand applied scientific discipline then addictive are disconnecting themselves from the internet"

Dopamine Labs: "Meet the tech companionship that wants to brand you lot fifty-fifty to a greater extent than addicted to your phone"

If You Want To Be Happy, Listen Up. Now! choice title: The FT's Izabella Kaminska Is...