“Until the Senate hearing, Google had ducked much of the scorn heaped on the social media behemoths, especially Facebook Inc. Yet Google, more than any other tech company, set us on this path to unprecedented data mining and a world in which corporations track us online and off. The search engine emerged from the dot-com bust with the smartest game plan, creating a business model where every interaction with its software fed its computing brain and bottom line. “Page didn’t start Google for this reason—he saw revenue generation as a means to work on advances such as artificial intelligence—yet his success paved the way for a system where every user’s interests and location can be targeted with alarming precision. ‘Google has been incredibly lucky to date that Facebook’s failures have been so much more in focus, but they’re every bit as bad,’ says Roger McNamee, an early Google and Facebook investor turned vocal critic of both. ‘By not showing up, it did Facebook a huge favor. If you’re a shareholder, you should be furious. They guaranteed the intensity will go way up.'” Read the rest at: https://ift.tt/2p5b4yO

September 14 Comments Off on “Until the Senate hearing, Google had ducked much of the scorn heaped on the social media behemoths, especially Facebook Inc. Yet Google, more than any other tech company, set us on this path to unprecedented data mining and a world in which corporations track us online and off. The search engine emerged from the dot-com bust with the smartest game plan, creating a business model where every interaction with its software fed its computing brain and bottom line. “Page didn’t start Google for this reason—he saw revenue generation as a means to work on advances such as artificial intelligence—yet his success paved the way for a system where every user’s interests and location can be targeted with alarming precision. ‘Google has been incredibly lucky to date that Facebook’s failures have been so much more in focus, but they’re every bit as bad,’ says Roger McNamee, an early Google and Facebook investor turned vocal critic of both. ‘By not showing up, it did Facebook a huge favor. If you’re a shareholder, you should be furious. They guaranteed the intensity will go way up.'” Read the rest at: https://ift.tt/2p5b4yO Category: Facebook, Feed


“Until the Senate hearing, Google had ducked much of the scorn heaped on the social media behemoths, especially Facebook Inc. Yet Google, more than any other tech company, set us on this path to unprecedented data mining and a world in which corporations track us online and off. The search engine emerged from the dot-com bust with the smartest game plan, creating a business model where every interaction with its software fed its computing brain and bottom line.

“Page didn’t start Google for this reason—he saw revenue generation as a means to work on advances such as artificial intelligence—yet his success paved the way for a system where every user’s interests and location can be targeted with alarming precision. ‘Google has been incredibly lucky to date that Facebook’s failures have been so much more in focus, but they’re every bit as bad,’ says Roger McNamee, an early Google and Facebook investor turned vocal critic of both. ‘By not showing up, it did Facebook a huge favor. If you’re a shareholder, you should be furious. They guaranteed the intensity will go way up.'”

Read the rest at: https://ift.tt/2p5b4yO
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September 14, 2018 at 10:43AM
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