Former Facebook executive Chamath Palihapitiya criticises not just Facebook but Silicon Valley in general for creating "dopamine-driven feedback loops" that are destroying societies by fueling misinformation and mistrust while preventing civil discourse and co-operation.
These former employees have all spoken out at a time when worry about Facebook’s power is reaching fever pitch. In the past year, concerns about the company’s role in the US election and its capacity to amplify fake news have grown, while other reports have focused on how the social media site has been implicated in atrocities like the “ethnic cleansing” of Myanmar’s Rohingya ethnic group.
In his talk, Palihapitiya criticized not only Facebook, but Silicon Valley’s entire system of venture capital funding. He said that investors pump money into “shitty, useless, idiotic companies,” rather than addressing real problems like climate change and disease. Palihapitiya currently runs his own VC firm, Social Capital, which focuses on funding companies in sectors like healthcare and education.
|WiFi -- Why Are We All Still Paying for This?|
|My New Motto|
|The 50 Most Interesting Articles on Wikipedia You Should Read|
|Canadian Prime Minister Wants the #CRTC to Reverse Decision on #UBB|
|The State of the Internet Operating System|
|“World's first passenger drone.”|
|“The static fire is one of the last major tests prior to the maiden launch.”|
|Ubuntu 17.10 Artful "What the Fuck" Aardvark|
|“People are getting rid of their cash.”|
|Pat the Zombie: A Cruel Adult Spoof of 'Pat the Bunny'|
|“Changes to the platform announced by Zuckerberg, will likely make the problem worse.”|
|“AI codes its own ‘AI Child’.”|
|How to Avoid Jury Duty|
|“Some of us will do anything to be liked.”|
|“The first-ever driverless mass transit test program.”|
|How to Escape Planet Earth|
|“The e-Palette, a vehicle that may one day not only deliver, but cook Pizza Hut offerings en route.”|