Zuckerberg: Facebook ‘Made a Bunch of Mistakes’ on Privacy

Hold up. Did the new guidelines imposed onto Facebook by the FTC ruin Facebook as we know it? It’s no secret that Facebook has had their fair share of issues when it comes to privacy. But with the new regulations slapped on Facebook by the FTC, the question is whether or not they deserve these harsh new rules implemented on them.

When looking at the subject, it’s important to take a few things into consideration. Firstly, Facebook has taken measures to make sure it is more private when issues have arisen. It’s not like they’re out there trying to exploit everyone using the community. Secondly, and potentially more importantly, the majority of Facebook users don’t take the time to set their privacy settings. So, now Facebook has been slapped with new regulations that could potentially cut down on their level of innovation, all because most of us complained about the privacy settings we weren’t taking the time to set up.

I’m not saying that Facebook is innocent in all of this, in fact quite the opposite. Facebook had a bunch of misteps with their privacy, but they did take measures to rectify the problems. But now, with these new regulations, there is potential that Facebook will lose a certain aspect of their innovation. Michael Richter, Facebook’s Chief Privacy Officer, will now be joining the product team. Problem is, Richter is a lawyer and will be looking at new product ideas with that lens, which could potentially lead to a decline in the amount of creativity Facebook can put into the products. He will no doubt play a necessary role, but it leads me to ask the question of whether or not his presence will hinder the team. They are a company that has been known for unique and thoughtful product innovations that have changed the way we socialize.

What do you guys think? Will the new rules imposed on Facebook by the FTC stifle their level of innovation?

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