Tags: chamath palihapitiya | guilt | social media | facebook

Chamath Palihapitiya Feels Guilt About Social Media's Harm to Society

By    |   Tuesday, 12 December 2017 09:55 AM

Chamath Palihapitiya said he feels "tremendous guilt" about Facebook because he believes social media is "ripping apart" the social fabric of society, The Verge reported Monday.

Palihapitiya, a former Facebook executive who is the founder and chief executive of Social Capital, a California venture capital firm, said at an event at Stanford Graduate School of Business on Nov. 10 that people should take a "hard break" from social media, The Verge said.

"I think we have created tools that are ripping apart the social fabric of how society works," said Palihapitiya, Facebook's former vice president of user growth, who also targeted the wide social media community.

"No civil discourse, no cooperation; misinformation, mistruth. And it's not an American problem — this is not about Russians ads. This is a global problem," Palihapitiya added.

Facebook's first president Sean Parker told an Axios event last month that the social media platform was "exploiting a vulnerability in human psychology" to attract and retain users' attention, CBS News said.

"The unintended consequences of a network when it grows to a billion or two billion people and ... it literally changes your relationship with society, with each other," the founder of Napster, said, according to CBS News. "It probably interferes with productivity in weird ways. God only knows what it's doing to our children's brains."

Palihapitiya went on to describe how hoax messages about kidnappings in India that were shared on WhatsApp resulted in the lynching of seven innocent people, The Verge reported. The mob attacks in May were reported by local media accounts, according to BGR.com.

"That's what we're dealing with," Palihapitiya said in November, per The Verge. "And imagine taking that to the extreme, where bad actors can now manipulate large swathes of people to do anything you want. It's just a really, really bad state of affairs."

Palihapitiya criticized Silicon Valley's venture capital funding for not addressing "real problems" climate change and disease, The Verge noted. He said his Social Capital firm will focus on funding companies in healthcare and education.

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Former Facebook executive Chamath Palihapitiya said he feels "tremendous guilt" because he believes social media is "ripping apart" the social fabric of society.
chamath palihapitiya, guilt, social media, facebook
Tuesday, 12 December 2017 09:55 AM
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