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“No, Really?”
by Karl Denninger
“Gee, how many founders who tell you that you’re being psychologically exploited and abused do you need? One? Two? When do you wake up America and destroy these firms, reducing their stock price to ash?
There are legal ways to do it.You can delete your profile and stop using it.You can ban your kids from using it under pain of losing their Internet access, computer or cellphone.You can target anyone who advertises on these sites and boycott them.You can shun, refuse to associate with and even picket anyone’s home who works at these companies – which is now incidentally a very large number of people, and extend the same sanction to all their family members who are existing on the back of said exploitation.
All of these things are both peaceful and legal forms of protest.You can raise the cost of operating such a firm and destroy its revenue because it relies on you being a drug-addled sheep in order to survive. If you and others push back in any material quantity then these firms will cease to exist and their abuse of the public will end.
Now we have another founder who has reinforced what was said before about Facebook intentionally targeting psychological addiction and knew at the time that it was destructive, not positive for anyone other than those making a profit from same: “The short-term, dopamine-driven feedback loops that we have created are destroying how society works. No civil discourse. No cooperation. Misinformation. Mistruth. And it’s not an American problem. This is not about Russian ads. This is a global problem. So we are in a really bad state of affairs right now, in my opinion. It is eroding the core foundations of how people behave by and between each other.” He said that he rarely, if ever uses Facebook, posting maybe twice in seven years, something that has caused “huge problems” in his own social circles. He also added he would not let his own children use it.”
“Chamath Palihapitiya, a former Facebook executive and the CEO of venture capital firm Social Capital, said in a November interview that social media is damaging society and voiced concerns about its impact on his own children.In the November interview at the Stanford Graduate School of Business, Palihapitiya, also a co-owner of the Golden State Warriors, said that he feels “tremendous guilt” for helping build Facebook into the behemoth it is today. Palihapitiya joined the company in 2007 as its vice president for user growth, three years after it was founded in a Harvard dorm room by Mark Zuckerberg.
Strong language alert!
“I think we all knew in the back of our minds, even though we feigned this whole line of ‘unintended consqeuences,’ I think in the back recesses of our minds, something bad could happen,” Palihapitiya said. “It literally is at a point now we’ve created tools that are ripping apart the social fabric of how society works. That is literally where we are. I would encourage all of you how to internalize this is – if you feed the beast, the beast will destroy you.”
During his View From The Top talk, Chamath Palihapitiya, founder and CEO of Social Capital, discussed how money is an instrument of change which should be used to make the world a better place. “Money drives the world for better or for worse. Money is going to be made and allocated – you have a moral imperative to get it and then use it to make a difference.“
This guy helped cause the problem.If he had a hint of actual personal responsibility for the destruction he himself brought upon society he would commit seppuku in the middle of Times Square. So does this guy really feel “tremendous guilt” or is he worried that the people might literally eat him? Good question.
But in the meantime perhaps you should consider whether you wish to feed a beast that will eat you, as he states very clearly will be the case, or whether you will do your damndest to unplug from said beast and then destroy it and all who work to continue to build, feed and make their living by and through it.”