Business A.M
No Result
View All Result
Tuesday, August 25, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home Africa Nigeria

Facebook site ‘destroying how society works,’ former top executive says

by Admin
December 12, 2017
in Nigeria

A former Facebook executive said he feels “tremendous guilt” over the creation of the social networking site, according to report by Sky News.

Speaking at a Stanford Graduate School of Business event, Chamath Palihapitiya, former vice president for user growth, said “we have created tools that are ripping apart the social fabric of how society works”.

The 41-year-old urged people to take a “hard break from some of these tools”.

Chamath Palihapitiya

“The short-term, dopamine-driven feedback loops we’ve created are destroying how society works, he added,

“No civil discourse, no co-operation; misinformation, mistruth.

“And it’s not an American problem – this is not about Russians ads. This is a global problem.

“We are in a really bad state of affairs right now.”

Palihapitiya also revealed he hardly uses the site anymore because of the “huge tension” it creates.

“If you look at my Facebook feed I probably have posted less than 10 times in seven years,” he said.

According to the report, Palihapitiya made the comments in November, but they are only just being reported.

He said the sites can leave users feeling “vacant and empty”, but went on to say that the company “overwhelmingly does positive good in the world”.

He said: “We curate our lives around this perceived sense of perfection because we get rewarded in these short term signals – hearts, likes, thumbs up.

“And we conflate that with value and we conflate that with truth.

“Instead, what it is is fake brittle popularity.”

Watch video below:

Admin
Admin
Previous Post

Saudi Arabia to raise gas prices by 80% in January

Next Post

Cinema to contribute $24bn to Saudi economy

Next Post

Cinema to contribute $24bn to Saudi economy

  • Trending
  • Comments
  • Latest

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

$21bn Bonga southwest project clears major hurdle as NNPC, partners sign PSC addenda

$21bn Bonga southwest project clears major hurdle as NNPC, partners sign PSC addenda

August 25, 2026
Foreign investors retreat as domestic capital drives NGX to N11.98trn

Foreign investors retreat as domestic capital drives NGX to N11.98trn

August 25, 2026
CardinalStone cuts Presco to HOLD

CardinalStone cuts Presco to HOLD as costs, dilution cloud 2026 earnings

August 25, 2026
Afreximbank secures $1.5bn bond as H1 profit jumps 30%

Afreximbank secures $1.5bn bond as H1 profit jumps 30%

August 24, 2026

Popular News

  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Major tech companies conquering Africa with sports

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

$21bn Bonga southwest project clears major hurdle as NNPC, partners sign PSC addenda

$21bn Bonga southwest project clears major hurdle as NNPC, partners sign PSC addenda

August 25, 2026
Foreign investors retreat as domestic capital drives NGX to N11.98trn

Foreign investors retreat as domestic capital drives NGX to N11.98trn

August 25, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M