He also said that Facebook builders from the early days soon learned it would be abused in the future, but ignored it. Palihapitiya said. ' Deep down in our minds, we somehow knew this could happen '. He felt very guilty for being involved in creating the human psychological tool he called 'programming'.
Readers can view the entire interview here:
Chamath's comments were quickly shared, causing Facebook to speak up:
Chamath hasn't worked at Facebook for 6 years. When he was working here, Facebook also focused on bringing the experience of using social networks and global growth. Facebook time was very different back then and during the development process, we realized our responsibilities were also greater. We value that role and work hard to accomplish it.
We do a lot of research with experts and academics to understand the impact of Facebook on people and inform the product development team. We also invest significantly in people, technology, processes - and as Mark Zuckerberg says - we are also willing to reduce profits to ensure proper investment.
Palihapitiya also founded the Social Capital venture capital fund. Do you tell CNBN that you talk about social networking in general, and that you owe Facebook 'everything', that 'they are doing more than any company to save things'.
See more: