In apparent surprise, he writes: “People increasingly also want to connect privately in the digital equivalent of the living room.”.
Read it carefully, and it’s impossible to escape the conclusion that if privacy is to be protected in any meaningful way, Facebook must be broken up.
It is all of these things—and many others—combined, and so it is none of them.
Facebook is a company that brought in more than $55 billion in advertising revenue last year, with a 45% profit margin.
Facebook has minted money because it has figured out how to commoditize privacy on a scale never before seen.
He says nothing of substance in his long essay about how he intends to keep his firm profitable in this supposed new era.
The photo illustration for this article originally included a logo for Snapchat alongside logos for Facebook and its subsidiaries Instagram and WhatsApp. »