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Episode 146 — Facebook’s Real Mistake

Exponent

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The Data Giveaway Is Just a Misunderstanding of the Market and the Way the Market Works

I think there are two distinct things here and the data giveaway is exactly because they weren't thinking about themselves as an advertiser. I'm still concerned much more so with Facebook than with Google that the incentives for the company aren't necessarily aligned with the long-term well-being of users. If these companies if their power in the market rests on users then the greatest danger to them is by extension users growing disgusted disenchanted yeah developing antipathy towards the product. That was the sort of like the tobacco analogy that we made you know a few weeks ago.

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