Do you remember Facebook from its infancy? A lot of people didn’t use it before it became one of the earliest viral phenomena, but it was pretty different from what we use today.
The participating community was smaller. There were far fewer ads. Largely, it was just a convenient way to create catalogued conversations with multiple people. That was it.
Long since it went public and became a rich tech giant, Facebook has expanded in influence. On top of that, the corporation has acquired some pretty huge additional social media apps.
For one company to solely own Facebook, Instagram and WhatsApp is a pretty big deal. The Facebook of old was nothing even close to a monopoly. The Facebook of today really might be.
It’s hard to say if completely dismantling Facebook under antitrust laws is the best course of action, but there’s no question that the platform is facing huge problems.
One way or another, the Facebook we know won’t be around for much longer. If the government doesn’t step in, the consumers will.
That brings us to this video. Is it worth trying to save Facebook from the wrath of the free markets? It’s cofounder seems to think so.
He has some interesting points to make about what Facebook has become and how we should deal with it as a society. Take a look.