"You don't get to 500 million friends without making a few enemies."
That was the tagline for The Social 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."
TopicsFacebookSocial Media
(责任编辑：探索)
Two astronauts just installed a new parking spot on the International Space Station
All 201 episodes of 'The Office' will be recreated on Slack
What's the best TV friend group?
Theme park food videos are perfect for a stayEarly AppleIvanka Trump's unpaid interns share cringeworthy financial advice
Ivanka Trump's interns have some questionable advice for students worried they can't afford an unpai
...[详细]'Carrion' review: Live your best marauding tentacle monster life
It was around three hours into Carrion, as my oozing, formless tentacle monster munched on a hapless
...[详细]UK foreign secretary thinks taking the knee is from 'Game of Thrones'
It may surprise you to learn that some politicians apparently still haven't heard of Google.Take, fo
...[详细]Instagram's 'Pinned Comments' feature is now available to everyone
If you're trying to inject some positivity into your Instagram posts, the new Pinned Comments featur
...[详细]Make money or go to Stanford? Katie Ledecky is left with an unfair choice.
This is Katie Ledecky's world right now, and the rest of us are just living in it. Want proof? Ledec
...[详细]The 27 Guy Fieriest Guy Fieri tweets of 2020, so far
Logging on in 2020 feels a little like staring straight into the hot blaze of a giant flaming dumpst
...[详细]Realme Watch looks like Apple Watch, costs $50
In the world of smartwatches, there's one king — the Apple Watch — and a lot of copycats
...[详细]Here are the 13 best tweets of the week
Another week down in quarantine — or at least, if you're in the U.S., you almost certainly sho
...[详细]Man stumbles upon his phone background in real life
Life imitates tech. Or, perhaps it's the other way around.Reddit user xbshooterwas traveling near Sa
...[详细]
Apple devices will soon be a little easier to afford.They’re not getting cheaper exactly but,A
...[详细]Twitter grants everyone access to quality filter for tweet notifications
#Babygate trends after Trump surrounds the White House with fencing
