"You don't get to 500 million friends without making a few enemies."
That was the tagline for The Asian movies ArchivesSocial Network, the film about creating Facebook, and it's only become more relevant as the social network has grown to more than 2 billion people. Those "few enemies" are former Facebook executives, people who helped build the tech giant.
“The short-term, dopamine-driven feedback loops we’ve created are destroying how society works," said Chamath Palihapitiya, who joined Facebook in 2007 and served as its vice president for user growth. He was referring to the iconic "like" button and other reactions we have while browsing News Feed.
SEE ALSO: Think Facebook is the only company watching you? Think again.The video, first surfaced by The Vergeon Monday, is of Palihapitiya speaking at Stanford Graduate School of Business on Nov. 13. Four days prior, Facebook's founding president Sean Parker echoed similar concerns about Facebook "exploiting a vulnerability in human psychology."
Facebook has received a lot of attention for helping manipulate the 2016 presidential election via Russian trolls and propaganda, but Palihapitiya noted other bad events that have transpired over Facebook's networks. He described how a lynching in India occurred via hoax messages sent over WhatsApp.
"Imagine taking that to the extreme, where bad actors can now manipulate large swathes of people to do anything you want," Palihapitiya said.
Of course, it's not all bad. Facebook “overwhelmingly does good in the world," he said.
And, of course, Facebook helped make people like Palihapitiya rich. His net worth was rumored to be close to $1 billion, according to Business Insider in 2015. He spent some of his wealth on owning a part of Silicon Valley's favorite basketball team, the Golden State Warriors.
Since leaving Facebook, Palihapitiya entered the venture capital industry in 2011. He runs his own VC firm called Social Capital that focuses on investing in technology, healthcare, and education. Social Capital is also an investor in Slack, a platform that causes anxiety like Facebook.
Palihapitiya critiqued not only Facebook and social networks but also the state of venture capital in Silicon Valley.
“Everybody’s bullshitting,” he said of the venture capital community. "Over time you get one of the 20 [successful investments] and you look like a genius."
Topics Facebook Social Media
WhatsApp bug let users access 'View Once' photos multiple timesWordle today: The answer and hints for January 31, 2025National Puzzle Day deal: Buy one jigsaw puzzle and get one 50% offBest iPad deal: Save $100 on 13NYT mini crossword answers for January 30, 2025Wordle today: The answer and hints for January 31, 2025Federal workers on Reddit resist Trump 'buyout' offerDeepSeek AI gets hit with data privacy red flag by Italy and IrelandBest Lego Botanicals deal: Save $12 on Bouquet of Roses for Valentine's DayDenver Nuggets vs. New York Knicks 2025 livestream: Watch NBA onlineFCSB vs. Manchester United 2025 livestream: Watch Europa League for freeLos Angeles Lakers vs. Washington Wizards 2025 livestream: Watch NBA onlineNYT mini crossword answers for January 31, 2025National Puzzle Day deal: Buy one jigsaw puzzle and get one 50% offBest Hisense TV deal: Save $1,200 on QD7 QLED 4K UHD Smart TV at Best BuyBest earbuds deal: Get the Anker Soundcore P20i for $20 on AmazonEvery new Apple product known or rumored for 2025iOS 18.3 is here. 3 major changes to knowStephen King's 'The Monkey' review on Threads is pretty unambiguousWhat DeepSeek's privacy policy means for your personal data Wordle today: Here's the answer, hints for February 9 'The Ghosts of Pensacola' from 'Poker Face' is a gloriously theatrical treat Wordle today: Here's the answer, hints for February 11 What time is 'The Last of Us' episode 5 releasing on HBO Max? 'Quordle' today: See each 'Quordle' answer and hints for February 12 A guide to having nipple orgasms 'You' Season 4 Part 1 is an Agatha Christie How cute cookware helped me finally feel welcome in my own kitchen Get 25% off Under Armour Fleece activewear Rihanna's Super Bowl halftime show is a moment to talk about her climate philanthropy 'Quordle' today: See each 'Quordle' answer and hints for February 10 Google Bard: Can you sign up to try the AI search tool? Lego trolls Tesla with its own 'shatterproof' truck Stephen King has some golden Thanksgiving advice for avoiding political arguments Boomers killed the Facebook status Trump complains about flushing, becomes the butt of Twitter jokes Elon Musk's Twitter is cutting a profit from unbanning accounts, according to new report 'The Last of Us's Melanie Lynskey defends show and her casting as Kathleen These wildlife photography award finalists are breathtaking to behold Pinterest launches a campaign for positive content in honor of Safer Internet Day
2.7072s , 10108.546875 kb
Copyright © 2025 Powered by 【Asian movies Archives】,Charm Information Network