“The truth is simply this: Facebook’s core business model, based as it is on total control of an individual’s data without true agency for that same said individual, is wrong.”

Obviously, but reversing that policy means revaluing FB at about 20% of its current valuation, or maybe less. FB’s advertising model is growing more obsolete by the day, because the idea that “friends, shares, and likes” sells 3rd party product is suspect at best.

FB is a gossip network that tried to turn itself into an advertising platform. #deleteFacebook will grow and attrition won’t stop. There will be better models out there soon.

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I am currently a tech start-up founder in the creative media original content space. Social science academic and author.

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