Yep, much of Zuckerberg's business philosophy and practice sucks, as does his greed.
Russia's election ad campaign shows Facebook's biggest problem is Facebook
Julia Carrie Wong Friday 22 September 2017 11.10 AEST
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So Facebook’s systems didn’t fail when they allowed shadowy actors connected to the Russian government to purchase ads targeting American voters with messages about divisive social and political issues. They worked. “There was nothing necessarily noteworthy at the time about a foreign actor running an ad involving a social issue,” Facebook’s vice-president of policy and communications, Elliot Schrage, wrote of the Russian ads in a blogpost.
Shortly after the election, Zuckerberg attempted to shrug off the impact of Facebook in Americans’ voting decision, calling the notion that fake news swayed voters a “pretty crazy idea”. But the CEO of an advertising company can’t afford to denigrate the power of advertising too much; his revenues depend on his actual paying customers believing that Facebook can influence behavior.
My point was simply that $100000 of Russian ads, in this case, was not real important to him, and that because of the blow-up he now likely regrets his Facebook allowed it.
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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