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Re:Facebook furious at FTC after agency proposes ban on mone... by pdimitar on Thursday May 04, 2023 @08:50AM (#35814457)
...Wait, so you thought there was ever a point when "good for Facebook" == "good for society"?

IMO "bad for Facebook" ~= "good for society" has always been true.

It's not a "sad place to be as community", they are a corp and their bait-and-switch was expected ever since they got created, at least from the people who don't idolize corporations that is. It was extremely obvious they'll position themselves as helpful, pull tons of people in, and will then start to make use of all that precious data.

It would boggle my mind if somebody was actually surprised by this.

Re:Facebook furious at FTC after agency proposes ban on mone... by pseudopersonal on Thursday May 04, 2023 @09:40AM (#35815159)
None of you are B2C small business owners and it shows. Their targeted ads allowed lean grass roots businesses compete w goliaths
Re:Facebook furious at FTC after agency proposes ban on mone... by Izkata on Thursday May 04, 2023 @09:11AM (#35814718)
> ...Wait, so you thought there was ever a point when "good for Facebook" == "good for society"?

At least for a subset, 2005-2006, back when they had network pages. You'd gain access based on your email's domain, it has a shared calendar and worked as a planning location for everyone at the same college/university.

Re:Facebook furious at FTC after agency proposes ban on mone... by ethbr0 on Thursday May 04, 2023 @09:10AM (#35814710)
I'd say Facebook was on-the-whole good when it was limited to .edu users.

It had a purpose, it solved it better than previous options, and (critically!) it had a ceiling on today addressable userbase.

Once it metastisized into "extract maximum revenue from maximum number of people," I think its soul was lost to greed.

Re:Facebook furious at FTC after agency proposes ban on mone... by usrusr on Thursday May 04, 2023 @10:13AM (#35815653)
Oh, even long after Facebook has turned sour as a company there have still been very good things running on top of Facebook as infrastructure for linking up disconnected local groups and individuals with shared interests.

But eventually they burnt so much goodwill trying to justify their stock valuation that at least were I am, all those informal groups have moved away from Facebook. Some managed to substitute the infrastructure quite well, some suffer quite noticeably. But none of them would consider going back. And openness to newcomers, discoverability, that has all suffered quite considerably.

Re:Facebook furious at FTC after agency proposes ban on mone... by ryandrake on Thursday May 04, 2023 @10:53AM (#35816323)
To be fair, many, many corporations start out as a tiny kernel of something that solves a problem for people, and then metastasize into "extract maximum revenue from maximum number of people" cancer once Wall Street takes over. So, honestly, you can generalize this to "bad for corporations" ~= "good for society."

A topic for another discussion is why society allows corporations to become parasitic and cancerous without any checks or balances.

Re:Facebook furious at FTC after agency proposes ban on mone... by ethbr0 on Thursday May 04, 2023 @11:11AM (#35816634)
Well, in a global sense it's a race to the bottom: if X doesn't claim efficiencies of scale then Y will, and put X out of business.

Germany would probably be the best counter-example to look at? Re: how to create and maintain medium-sized businesses that are still efficient.

Re:Facebook furious at FTC after agency proposes ban on mone... by denton-scratch on Thursday May 04, 2023 @11:11AM (#35816637)
> Facebook was on-the-whole good when it was limited to .edu users.

You mean, when it was a sort of amihotornot for Harvard students?

Re:Facebook furious at FTC after agency proposes ban on mone... by ethbr0 on Thursday May 04, 2023 @09:05PM (#35824141)
Post-Harvard, pre-everyone
Re:Facebook furious at FTC after agency proposes ban on mone... by dspillett on Thursday May 04, 2023 @09:44AM (#35815223)
> IMO "bad for Facebook" ~= "good for society" has always been true.

I'd say there is a case for it being neutral for society for a fair chunk of time in its early days. Things don't have to be good/bad binary.

Re:Facebook furious at FTC after agency proposes ban on mone... by soraminazuki on Thursday May 04, 2023 @11:11AM (#35816628)
Considering that the precursor to Facebook was a site that ranked pictures of women obtained without consent whatsoever, it was inarguably evil from the very start.