>> And even though Mr. Zuckerberg has a controlling interest in Facebook, it now has to be accountable to stockholders. The tension between user privacy and monetizing data in service of stock price is a real one—and seems unlikely to fall on the side of users.
That's the thing that botters me the most in this whole thing. If things were already very bleak on the privacy side, that concern has just been blown to smitherings with FB going public. The data mining aggressiveness will only gain momentum as the company is pressured into delivering results to stockholders.
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>> And even though Mr. Zuckerberg has a controlling interest in Facebook, it now has to be accountable to stockholders. The tension between user privacy and monetizing data in service of stock price is a real one—and seems unlikely to fall on the side of users.
That's the thing that botters me the most in this whole thing. If things were already very bleak on the privacy side, that concern has just been blown to smitherings with FB going public. The data mining aggressiveness will only gain momentum as the company is pressured into delivering results to stockholders.